Key Takeaways Five banks outperformed the S&P 500 in November amid volatile markets and shifting Fed expectations. CFG and HBAN drove the performance with rising NII, acquisitions and expanding regional footprints. USB, RF and FITB strengthened earnings via diversified services, deposit growth and expansions. The U.S. stock market experienced significant turbulence throughout November 2025, as investors grappled with elevated valuations, mixed economic signals and shifting expectations for the Federal Reser ...