What are the best European bank stocks to buy now?

This article will look at some of the best European bank stocks to buy now that are expected to benefit from the rising rate environment like their American counterparts which include Bank of America Corporation (NYSE: BAC ), JPMorgan Chase & Co. (NYSE: JPM ), and Morgan Stanley (NYSE: MS ).

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.