U.S. Bank Stocks Follow The Broader Market Higher In April
2026-05-08·via All Articles on Seeking Alpha
Summary
The 205 banks in an S&P Global Market Intelligence analysis had a median total return of 6.2% in April.
Thirty-nine of the banks recorded a double-digit percentage gain last month, led by Bedminster, New Jersey-based Peapack-Gladstone Financial Corp. at 18.6%.
With a price-to-adjusted TBV of 59.3% as of April 30, First Internet Bancorp was the least expensive bank in the analysis for the third month in a row.
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US bank stocks rebounded in April but underperformed the broader market. The 205 banks in an S&P Global Market Intelligence analysis had a median total return of 6.2% in April, trailing the 7.9% return of the market-cap-weighted S&P US