Regional bank shares typically fare moderately better than those of big banks, but that's not the case for Hudson City Bancorp (HCBK).
Though the holding company for Hudson City Savings Bank, which has more than 130 branches throughout Northeast, wasn't troubled by the implosion of the housing market and even declined to take bailout funds, it did take a hit from the recession.
In January, Hudson City reported an 11% drop in its fourth-quarter profit due to the weak economy. Three months later, the regional bank announced a first-quarter loss and further spooked investors by slashing its quarterly dividend payout by almost 50%.
It's been a roller-coaster ride for stocks this year, but for some members of the S&P 500, it's been nothing but up. From healthcare to media, here are the 10 best-performing stocks so far in 2011. More
The Federal Reserve's $600 billion bond buying stimulus is winding down and experts say stocks don't need anything more. More
