Bank stocks fell Wednesday after Federal Reserve Board Chairman Ben Bernanke said that any economic growth to occur later this year would not be robust.

The KBW Bank Index fell 1.47%, after Bernanke told the House Budget Committee that the country's financial stability is being threatened by large federal budget deficits and that the government cannot borrow indefinitely.

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.