Regional Banks In Trouble 2024. Regional banks have a tougher road to growing profits in 2024 as they face pressure to pay more. Valley bank and first republic last year, the challenge for many will be finding a way to increase profits again in 2024.
Shares of new york community bank have tumbled 71%, bank ozk shares have slid 16% and webster financial shares have lost 11%. Larger regional banks will come under greater earnings pressure in 2024, due to both growing costs of maintaining deposit levels and increases in credit problems, according to analysts at the fitch.
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