“We’re pricing in this net interest margin expansion that may not be till two years from now,” Mutascio added.
The SPDR S&P Regional Bank ETF (NYSEArca: KRE) has gained 28.6% year-to-date.
SPDR S&P Regional Bank ETF
For more information on regional banks, visit our regional banks category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own KRE.