CBA share price

Sentiment in the ASX bank stocks has no doubt been affected by a steep decline in financial stocks on the US market on Friday. But investors are also worried ...

Choose from the dozens available for Australian investors. Analysts largely expect the lenders to report a further squeeze on interest margins because of growing competition. Meanwhile, earnings at some of the top banks are likely to benefit from new business that was flagged in their earnings reports in February. Several of the banks are also likely to have progressed with their cost cutting plans. Still, there is scope for optimism with a looming lift in interest rates by the central bank expected to bolster the outlook for banks. Sentiment in the ASX bank stocks has no doubt been affected by a steep decline in financial stocks on the US market on Friday. But investors are also worried about prospects for the sector ahead of the major banks outlining their operational performance over the next 2 weeks. Each of the Big Four banks – Commonwealth Bank ( ASX: CBA), Westpac ( ASX: WBC), National Australia Bank ( ASX: NAB) and ANZ ( ASX: ANZ) are down between 0.5% and 1.8% at the time of writing.