Regional bank stocks in the U.S. saw a modest recovery on Friday following a two-day decline prompted by investor apprehensions about New York Community Bancorp’s (NYCB.N) disappointing earnings, which raised concerns about broader issues in the sector. The KBW Regional Banking Index (.KRX) rebounded by 0.2%, breaking a three-day losing streak. NYCB shares also experienced a 5% increase on Friday after a 45% decline over the previous two sessions. The lender had reduced its dividend and reported an unexpected loss on commercial real estate (CRE) loans on Wednesday.
