/biz/ - Business & Finance

>interest rates about to hit 7%
>commercial banks literally shitting money thanks to the billions that people have parked in savings accounts
>commercial banks have increased revenue by 200-300% thanks to higher interest rates
>stocks of commercial banks going sideways or slightly declining instead of going parabolic

Anyone care to explain why?

>inb4 muh silicon valey bank

I’m talking about COMMERCIAL banks that have billions in AUM and LOAN money to normies. Not about corporate banks that still have ABS/MBS on their books.