Super-regional banks BB&T Corp (BBT) , M&T Bank (MTB) , PNC Financial (PNC) , SunTrust (STI) and U.S. Bancorp (USB) have surged since Donald Trump was elected U.S. president in November. Four of the five of these banks have rebounded by bull market percentages as each set post-election highs between Dec. 20 and Jan. 11.
The notion that the Trump administration will ease or replace tough provisions of Dodd-Frank regulations helped fuel the powerful rally for bank stocks of all sizes. But now these banks face the hurdle of fourth-quarter earnings, which begin before the opening bell on Friday.
