Banks' third-quarter earnings reports are expected to be good but probably not good enough to propel a recovery in their stock prices, most observers say.

So far in the third quarter, the Standard & Poor's bank index has dived 19.4% while the broad-market S&P 500 stock index has slipped a far less dramatic 7.6%. The quarter ends today, and bank earnings reports will begin appearing late next week.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.