Previous 10 | Next 10 |
If stimulus talks bear fruit in Washington, the Financial Sector could benefit. This week's Select List is topped by a regional bank ETF. A high dividend yield ETF takes second place. For further details see: Financial Sector Finds In October 12 Select List
15-20 banks and financial names report this week. There remain a lot of questions about potential credit losses at the banks. The net interest margin compression will likely last a while unless the yield curve steepens, and that's more likely than the Fed raising rates. I do t...
Banks have significantly strengthened their loan loss reserves despite not seeing a spike in problem loans… yet. The lack of a significant increase in problem loans is primarily due to a historic level of fiscal stimulus and government programs, much of which is ending. Mea...
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...
This week, I was looking into U.S. Regional Banks as this sector has been one of the biggest laggards this year and now trades at low value multiples. The main issues lenders are facing during an economic downturn are well-known, but I decided to screen the universe of community banks to find ...
Investment Thesis: This too shall pass It's remarkable how in just six months COVID 19 has become a seemingly permanent part of life and the economy. It isn't. Every cycle, investors forget that "this too shall pass" and fail to prepare for the inevitable rebound. The virus might remain in d...
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...
The Fed's $600B Main Street Lending Facility is "not getting a ton of interest from borrowers," Fed Chair Jerome Powell said during his testimony yesterday in Congress. More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, Direxion Shares ETF Trust - Direxion Daily Region...
News, Short Squeeze, Breakout and More Instantly...
iShares U.S. Regional Banks Company Name:
IAT Stock Symbol:
NYSE Market:
U.S. Bancorp (NYSE:USB) shares are trading lower after it reported first-quarter FY24 results. Revenue stood at $6.7 billion (-6.4% Y/Y),...
PNC Financial Services Group Inc (NYSE:PNC) shares are trading lower after it reported first-quarter FY24 results. The bank reported a re...
M&T Bank Corporation (NYSE:MTB) shares are trading higher after it reported first-quarter FY24 results. Revenue of $2.260 billion, sl...