After a week of losses, bank stocks staged a comeback Monday, boosted primarily by upbeat third-quarter earnings reports.

Compared with a 3.6% decline on Friday, the American Banker index of the 225 largest financial institutions rose 1.8%, and the American Banker index of 50 of the largest banks rose 2.4%. Both outpaced the Dow Jones industrial average, which rose 1%, and the S& P 500, up 0.5%.

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.