(MONEY Magazine) – Among banks and S&Ls on the list, Bank of America was the strongest performer in March, despite a projected growth rate that is lower than those of its competitors. Mortgage lender Washington Mutual, which has the highest yield, declined because of fears that the housing market could turn down. And both Citigroup and J.P. Morgan Chase were lagging, but that should change as they continue restructuring.

NOTES: As of March 24.N.A.: Not applicable. P/E ratios are based on estimated earnings for this fiscal year. Earnings growth is compound annual rate projected for five years by analysts. SOURCE: Thomson/Baseline.