The banks tanked on the ASX again

Jose Luis Roca / AFP / Getty Images

Australian financial stocks took another hammering.

At the close, Westpac was down 1.8% to $29.96, the ANZ 1.6% to $27.81, the NAB 1.5% to $29.77 an the Commonwealth 1.3% to 79.31.

Bendigo and Adelaide Bank dropped 4.3% to $10.70 after the bank released a note about how it was treating revenue from Homesafe, a way for retirees to access equity in their home.

The Bank of Queensland was down 1.7% to $11.00.

The falls were despite gains on Wall Street where the S&P500 closed 0.4% higher.

The ASX200 closed down 0.57% at 5,754.90, a fall of 33.21 points.

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