Regional bank stocks are breaking out, and they may be able to continue to climb even if second quarter earnings results are modest. The SPDR S & P…
Read more Regional bank earnings reports may not matter as group rips higher on rate cut optimismA customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images A trio of regional banks face increasing pressure on returns and…
Read more These regional banks are at greatest risk of being taken over by rivals, according to KBWCheck out the companies making headlines in after-hours trading. SolarEdge — Shares plunged 20% after the solar company lowered its third-quarter revenue guidance to between $720 million and…
Read more Stocks making the biggest moves after hours: SolarEdge, Knight-Swift Transportation and moreBack in April and May, investors saw juicy yields on regional bank stocks, some paying twice the rate on the 10-year Treasury note but wondered how safe they…
Read more Regional bank yields have fallen but plenty are still paying more than 4%Western Alliance has put the spring’s regional banking crisis in the rearview mirror and will be able to sustain its recent rally, according to JPMorgan. Analyst Steven Alexopoulos…
Read more JPMorgan sees ‘material upside’ for this once-troubled regional bankThe new corporate earnings season revs up next week, and some stocks could do well on the back of their reports. A broad swath of companies is set…
Read more These companies reporting next week have a history of beating earnings estimatesThe world’s most important central bank says the biggest banks in the U.S. are in strong enough shape to withstand a potential economic slowdown. All 23 banks that…
Read more Wall Street analysts think these 5 bank stocks will do well in the second halfShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Michael Hsu, Acting Comptroller of the Currency, joins ‘Closing Bell Overtime’ to discuss testifying in…
Read more Banking sector as a whole is strong and resilient, says Comptroller of the Currency Michael HsuThe US Treasury Department building is seen in Washington, DC, January 19, 2023. Saul Loeb | Afp | Getty Images This report is from today’s CNBC Daily Open,…
Read more CNBC Daily Open: Farewell for now, default fearsThe south facade of the White House in Washington DC, United States on April 21, 2022. Yasin Ozturk | Anadolu Agency | Getty Images This report is from…
Read more CNBC Daily Open: Goodbye for now, default fearsShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Karen Firestone, Joe Terranova, and Steve Weiss joins ‘Halftime Report’ to discuss regional bank volatility,…
Read more The regional bank crisis is not over, says Short Hills’ Steve WeissShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Karen Firestone, Joe Terranova, and Steve Weiss join ‘Halftime Report’ to discuss regional bank volatility,…
Read more Watch CNBC’s investment committee discuss bank deposit numbersHere are Wednesday’s biggest calls on Wall Street: Bernstein reiterates Tesla as underperform Bernstein said after the automaker’s shareholder meeting that it sees trouble ahead. “Elon Musk reiterated…
Read more Here are Wednesday’s biggest analyst calls: Tesla, Wynn, Walmart, Alphabet, Western Alliance & moreAnalysts on Wall Street are optimistic on Western Alliance after the bank’s latest deposit update. The bank disclosed in an 8K filing Tuesday that quarter-to-date deposits exceeded $2…
Read more Here’s what analysts are saying after Western Alliance’s latest updateMichael Burry, known for calling the subprime mortgage crisis, bought a number of regional banks last quarter, betting the industry could weather the crisis, according to a new regulatory…
Read more ‘Big Short’ Michael Burry bought a slew of regional banks last quarter amid banking crisisA pedestrian walks past a Pacific Western Bank branch in Beverly Hills, California on May 4, 2023. Patrick T. Fallon | Afp | Getty Images This report is…
Read more CNBC Daily Open: Bank fears overshadowed promising inflation signalsShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Herb Greenberg, Empire Financial senior editor, and Lydia Moynihan, New York Post Business reporter, join…
Read more Jamie Dimon says short-sellers on social media are to blame for banking crisisIn an aerial view, a Pacific Western Bank building is seen on May 4, 2023 in Los Angeles, California. David Mcnew | Getty Images This report is from…
Read more CNBC Daily Open: Bank fears overshadowed positive inflation signalsShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email KBW’s Large Cap Bank Analyst David Konrad joins ‘Fast Money’ to discuss the state of…
Read more Western Alliance’s stock trading flat is a good sign for regional banks, says KBW’s David KonradA Pacific Western Bank sign is seen on May 4, 2023 in Los Angeles, California. David Mcnew | Getty Images Shares of PacWest were under pressure once again…
Read more PacWest shares tumble 20% after regional bank says deposits fell 9.5% last week
