FTXO News and Press, First Trust Nasdaq Bank ETF From 09/17/20

The Federal Reserve said it's considering extending its caps on banks' dividends and stock repurchase  for the rest of the year due to heightened economic uncertainty. More news on: JPMorgan Chase & Co., Wells Fargo & Company, Bank of America Corporation, Financial stocks new...

U.S. banks have seen their Q2 profits plunge due to rock-bottom interest rates and preparations for a surge in loan defaults. Anthony Okolie speaks with Monica Yeung, Global Financials Analyst, TD Asset Management, about the latest results and how U.S. banks are weathering the pandemic. ...

While the tech and the precious metals sector have to date recovered sharply from the first leg of the 2020 market plunge, other more economically reflective sectors like financials, energy and real estate investment trusts are not feeling the same optimism and remain mired in a bear market. S...

By Kurt Feuerman The Fed's recent stress tests triggered sharp declines in US bank stocks amid concern over new capital buffer requirements. But bank fundamentals haven't changed much, and earnings may be more resilient than expected in the face of a terrible economy. Results As Expected...

David Aurelio of Refinitiv is doing an earnings conference call today, i.e. Wednesday morning, June 24th, 2020 at 11:00 am central time. Search the Refinitiv website or David Aurelio's blog for the details. This blog's source earnings data comes from Refinitiv, which sources the data from IBES...

Back in January 2019, we published an article touting the outperformance potential of the regional bank sector in an article entitled " Regional Banks Poised for Outperformance in 2019 ." The thesis played out as anticipated, as the KBW Bank Index ( BKX ) generated a +36% total return in 2019 ...

Scott McComb, CEO and Chairman of Heartland Bank (HLAN) joins us for a unfiltered discussion about COVID-19 and how banks will deal with the aftershock resulting from the virus. First off, he shared a not-so-well-known fact - that there is still money available for small business owners that c...

With bank deposits surging at U.S. banks, they're not turning to the Fed to fund the government-backed loans they made to small businesses. More news on: Citigroup Inc., Bank of America Corporation, JPMorgan Chase & Co., Financial stocks news, News on ETFs, Read more ...

Insolvent Wall Street banks have been quietly bailed out again. Banks made risk-free by the government should be public utilities. When the Dodd-Frank Act was passed in 2010, President Obama triumphantly declared, "No more bailouts!" But what the Act actually said was that the next time th...

The regional bank ETF ( KRE ) has been a structural short opportunity since 2018 as the sector continues to face mounting challenges in the form of persistently low interest rates, a flat yield curve, and weak consumer demand. Regional banks do not share the same secular uptrend seen in b...