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Is it time to cash in some profit on ASX 200 bank shares?

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ASX 200 bank shares had a phenomenal run in 2024, with the S&P/ASX 200 Banks Index (ASX: XBK) soaring 29.75% compared to a 7.49% lift for the benchmark S&P/ASX 200 Index (ASX: XJO).

The following chart shows what happened with the major ASX 200 bank shares last…



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