The 205 banks in the S&P Global Market Intelligence analysis posted a median total return of 6.2% in April, with 39 banks delivering double-digit gains. Peapack-Gladstone Financial Corp. led the group with an 18.6% return, indicating strong relative performance in the banking sector. The report is primarily a performance roundup and is unlikely to move the broader market materially.
The 205 banks in the S&P Global Market Intelligence analysis posted a median total return of 6.2% in April, with 39 banks delivering double-digit gains. Peapack-Gladstone Financial Corp. led the group with an 18.6% return, indicating strong relative performance in the banking sector. The report is primarily a performance roundup and is unlikely to move the broader market materially.
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