In recent weeks, the "Trump trade" has fallen apart, with financial stocks hit the hardest. But if financial-related companies can show good loan growth, then investors may look to get back into companies like Bank of America (BAC) and others.

Bank stocks have underperformed the broader indices by nearly 7% since the fourth-quarter, Goldman Sachs analyst Richard Ramsden noted, despite the 24% run since the election. Worries about loan-growth, net interest margin and trading volumes have caused investors to reassess these stocks, but that seems likely to abate this quarter.

"Heading into EPS, Street expectations appear more reasonable to us and better margins and improved operating leverage should support higher prices (note we are above consensus on 12 of 22 banks, with only 3 misses)," Goldman Sachs wrote in a note ahead of earnings. "While loan growth has disappointed YTD, this is widely known; any thoughts on building backlogs will help. Lastly, any commentary about more aggressive capital return asks will likely be welcomed. In terms of 1Q, we are most constructive on RF, BAC, CFG and ZION and see misses from FITB, and FHN."

Loan growth has fallen nearly 350 basis points year-over-year Ramsden added, as concerns about commercial real estate and commercial and industrial loans have turned negative since the election.

In addition to loan growth and margins, investors will be interested to hear how the capital markets business is going. 

Analysts surveyed by Yahoo! Finance expect the company to earn 35 a share on $21.6 billion in revenue for the period. 

Over the past 12 months, shares of Bank of America have gained nearly 61% excluding dividends, compared to the near 11% gain in the S&P 500.

Here are five ETFs that may benefit if investors like Bank of America's first-quarter results.

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