Analysts reevaluating their positions after a turbulent week in the stock market were only cautiously optimistic about what the the rest of the year will bring for banking and financial stocks.

"For the next three to six months, I expect banks to be generally market-performers," said Catherine Murray, who covers regional and superregional banks for J.P. Morgan Securities. Some bank issues may even underperform the broader market, Ms. Murray said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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