Big Four Banks. Big Gains?

I have a question for you, based on an upcoming article I’ve written for Money Magazine. What do you reckon was the average share price return for Australia’s Big Four banks over the five years to December 2020?

While you’re thinking, I’ll give you a hint: The ASX 200 gained about 24% over the same timeframe.

Still not sure?

Here’s an alarming stat: The worst performing Big Four bank, over that time, was down 48% (yes, fourty-eight!).

Still thinking?

Want the number for the best performing back to help you frame up your guess?

-4%

Yes. Minus 4.

Here’s the tale of the tape:

Westpac: -42.3%
NAB: -25.2%
ANZ: -18.8%
CBA: -4.0%

Bottom line: Not one of the Big Four Aussie banks delivered a positive share price return between…