Bank on it

It’s a good time to look for bargains amongst bank stocks. As a whole, they’re finally cheap

It’s been a tough decade for banks. Regulations and low interest rates have made it hard to earn fat profits like they did in the good old days. These companies have, in some ways, come to resemble utilities. Their business models and profits are under the heavy thumb of regulators. As a result, their stocks have gone nowhere. The S&P global bank index …