Reasons to Reconsider Bank ETFs

Related: 12 U.S. Sector ETFs to Play in Case of an Escalating Trade War

Higher interest rates also have the potential to boost bank earnings.

“The industry’s 2018 estimated earnings-per-share growth has been adjusted higher to 24.4% from 22.6%, where it stood at the end of the first quarter,” said SSgA. “Analysts are projecting 12.5% earnings growth in 2019, outpacing 10.2% growth for the broad market.”

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