Bank stocks lost some ground Monday as investors cashed in profits won in Friday's record-setting rally. Analysts, however, still expect bank shares to move ahead in coming weeks.

"The profit taking going on today is a temporary pause," said analyst Frank Barkocy of Josephthal Lyons & Ross Inc. "We look for other investors to take advantage of any weakness and step up to bat again."

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.