Bank stocks rebounded Wednesday after investors had fled the sector a day earlier.

The KBW Bank Index rose 14.56%, after sinking 19.7% Tuesday due in large part to negative earnings reports by Regions Financial Corp. in Birmingham, Ala., and State Street Corp. in Boston, as well as news that the British government had bailed out its banks again.

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.