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With Earnings Season Looming, Many Are Betting Big on the Banks

With Earnings Season Looming, Many Are Betting Big on the Banks April 7, 2021 The first quarter ended last week and, among other things, that means another earnings season will soon kick off. That also means that, per usual, financial services stocks will get the ball rolling, putting the KBWB tracks the widely followed KBW Nasdaq Bank Index. “The Index is a modified-market capitalization-weighted index of companies primarily engaged in US banking activities. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. and is composed of large national US money centers, regional banks and thrift institutions that are publicly traded in the US,” according to Invesco.

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