2023-05-31 14:12:08 ET
Shares of most bank stocks headed south today as concerns over the sector came back into focus and seemed to worry investors that the banking crisis is not yet over.
Shares of Truist Financial (NYSE: TFC) traded roughly 2.4% lower as of 1:44 p.m. ET today. Meanwhile, shares of KeyCorp (NYSE: KEY) traded nearly 6% lower, while shares of Comerica (NYSE: CMA) were down by roughly 4.5%.
Earlier today, the Federal Deposit Insurance Corp. (FDIC) issued its quarterly report from the first quarter, which the agency issues to review how the sector performed as a whole and identify trends every quarter.
For further details see:
Why Shares of Truist, KeyCorp, and Comerica Are Falling Today