NEW YORK ( TheStreet) -- Bank stocks staged a modest recovery on Wednesday, after taking their worst pounding in over two years in yesterday's session. The KBW Bank Index ( I:BKX) rose just 0.1% to close at 62.45 though all but eight of the 24 index components ended with gains. The broad indices fared better. The Dow Jones Industrial Average
and S&P 500 ( SPX.X) ended with gains of 0.3% while the NASDAQ Composite posted an increase of 0.4%. Among large U.S. banks, the winner was New York Community Bancorp ( NYCB) as shares advanced 1.4% to close at $14.96. With a quarterly payout of 25 cents, New York Community has one of the highest dividend yields on common shares in the banking industry with a yield of 6.68%. Large banks that recorded gains close to 1% included Commerce Bancshares ( CBSH) of Kansas City, Mo., which closed at $44.02; First Niagara Financial Group ( FNFG) of Buffalo, N.Y., closing at $10.38; and Zions Bancorporation ( ZION) of Salt Lake City, which ended the session at $28.16. Shares of JPMorgan Chase ( JPM) were down only two cents to $50.58 despite continued flow of leaks from federal regulators about large fines the company is facing.