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US banks’ pandemic hot streak is coming to an end

3 min read . Updated: 12 Apr 2022, 06:49 PM IST Charley Grant, The Wall Street Journal

Analysts expect banks in S&P 500 to report first-quarter profit of about $28 billion, down 36% from a year ago

What goes up must come down. That is likely to be the story of banks’ first-quarter earnings.