Bank stocks would look like obvious bargains if it weren’t for them being issued by the bank. The
KBW Nasdaq Bank Index
recently traded at levels not seen since 1998. It’s probably only been around for a quarter of a century.
An index-tracking exchange-traded fund,
Bank Invesco KBW
(ticker: KBWB), seven times Ebacatp projected 2023 or earnings before analysts abandoned their predictions entirely.
