Analysis: Bank earnings rebound, but valuation lags behind

06/7/2010 | Wall Street Journal, The

Several of the largest banks in the country are trading at or below book value, indicating the market expects those companies to face challenges. Their earnings have rebounded from the lows of the financial crisis, but their valuation has failed to keep up, according to The Wall Street Journal. Investors tempted by the low valuation might need to wait for a major rerating of the sector.

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Wall Street Journal, The

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