Should investors buy European bank stocks?

Investors should consider buying European bank stocks ahead of their U.S. counterparts, according to analysts at JPMorgan. “It has become evident that the more we compare Europe to the rest of the world, European Banks look relatively more attractive on most measures,” said a team of European equity strategists led by Kian Abouhossein.

Are European bank stocks on a tear?

The index has gained 16.7% this year, outpacing a 6.1% rise in the pan-European STOXX 600 (.STOXX) and outperforming U.S. banking shares. European bank stocks have been on a tear since they tanked in March 2023 amid the U.S. banking crisis and the collapse of Credit Suisse.

Are European banking stocks in a'sweet spot'?

People walk past a Natwest Bank branch in central London, Britain November 22, 2023. REUTERS/Isabel Infantes/File Photo Purchase Licensing Rights LONDON, April 26 (Reuters) - European banking stocks hit their highest level since 2015 on Friday, helped by first-quarter earnings that beat forecasts and signalled lenders remained in a "sweet spot".