SOFI - East West Bancorp leads this week's financial gainers while SoFi slumps
solarseven/iStock via Getty Images This week's top financial gainers includes the diversified bank East West Bancorp, the financial conglomerate B. Riley Financial, and other banks as well. All of the top five financial weekly gainers also generated double-digit returns on a year-to-date basis. This week's largest losers ranges from credit servicers like SoFi and FinVolution to insurance and capital market brokers like Virtu Financial, Focus Financial, and BRP Group. The top five outperformers in the financial sector (of stocks with a market cap of $2B+) for the week ending June 25, 2021: East West Bancorp (EWBC) (+11.9%); B. Riley Financial (RILY) (+11.8%) falls as it will redeem all of the issued and outstanding 7.25% Senior Notes due 2027 tomorrow; Wells Fargo (WFC) (+11%); gains after successful stress test results along with rising long term U.S. Treasury yields. Lincoln National (LNC) (+10.3%) and; Zions Bancorporation (ZION) (+10.3%). The five financial stocks
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East West Bancorp leads this week's financial gainers, while SoFi slumps