Commercial banks whose businesses are derived primarily from conventional banking operations and have significant business activity in retail banking and small and medium corporate lending. Regional banks tend to operate in limited geographic regions. Excludes companies classified in the Diversified Banks and Thrifts & Mortgage Banks sub-industries. Also excludes investment banks classified in the Investment Banking & Brokerage Sub-Industry.
The Regional Banks industry has on average fallen 10.7% over the last 3 months. The average price/earnings ratio is 9.4 and the average return on equity is 10.3%. These averages are based on an equal weighting of the 1 most liquid stocks in this industry.