Analysts at Sterne Agee have been taking a look at regional banks to determine their health and where they stand in the investment world. While they do have some positive aspects, analysts are concerned to find limited avenues for revenue growth in the short term. Stock performance has been relatively lackluster for the SPDR KBW Regional Banking (ETF) (NYSEARCA:KRE), which is down -2.04% year to date. The regional banks’ fortunes are tied to the continued low interest rates from the Federal Reserve. With talks of a rate hike next year, regional banks could be impacted and preparations are underway. Analysts…
Regional Banks Still Face Many Headwinds
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