Tag: bank stocks

September 25, 2023

The Banking Sector In 2023 The banking industry has had an eventful year so far. With the crash of the Silicon Valley Bank, multiple downgrades from the S&P and Moody’s, and generally negative investor sentiment surrounding this industry, it is […]

March 14, 2023

In this piece, we will take a look at the 15 best bank stocks to buy now according to hedge funds. For more bank stocks, head on over to 5 Best Bank Stocks to Buy Now According to Hedge Funds. […]

August 28, 2022

This year has been challenging for investors, as persistent inflation has been the big story. With this uncertainty, the S&P 500 index got off to its worst start in 52 years. The Federal Reserve is on a mission to bring […]

March 31, 2022

JPMorgan Chase reported Tuesday that it transferred 398,708 shares of company stock to CEO Jamie Dimon last week. The shares — part of Dimon’s 2018 compensation package — have a value of nearly $56 million, Bloomberg reported. That’s more than […]

December 10, 2021

In the past five trading days, major banks were in focus on the expectations of the Federal Reserve turning more hawkish. In company-specific developments, Citigroup C was in the limelight for pausing its share repurchases in the current quarter. Also, […]

May 10, 2021

The COVID-19 pandemic was an unexpected event that led to an economic recession, causing widespread concern and global shock. The banking industry was not immune to this. According to McKinsey, the problems caused by the pandemic for the banking industry […]

December 11, 2020

Performances of major bank stocks over the last five trading days paint a mixed picture. Positive trading revenue outlook provided by some of the major banks indicates that the earnings picture will be impressive in the fourth quarter. This is […]

November 5, 2020

The S&P 500 and the Nasdaq’s 2.2% and 3.85% respective rise on Wednesday has perked up investors despite the election uncertainties. However, banking stocks stood on the other side witnessing losses. The yield on benchmark 10-year Treasury note plummeted sharply […]

June 29, 2020

Banks’ dividends could be at risk. Banking stocks tumbled Friday after the Federal Reserve highlighted potential vulnerabilities in the sector. The central bank suspended buybacks and capped dividends on financial institutions through the third quarter after its recent stress tests. […]

June 26, 2020

U.S. stock benchmarks skidded sharply lower Friday, adding to losses after Texas, one of the coronavirus hot spots, further tightened social-distancing rules in the state, highlighting worries about a resurgence in the viral outbreak. Investors were also paring the results […]

March 3, 2020

Bank stocks sold off in unison on Tuesday following the Federal Reserve’s emergency rate cut to combat an economic slowdown triggered by the fast-spreading coronavirus. The weakness by the group kept the overall markets’ gains in check. Shares of JPMorgan […]

September 30, 2019

Whether you plan to sell your bank or are in the market to acquire one, there are several sticking points that can delay the transaction. It can be helpful for both potential buyers and sellers to think about how such […]

August 14, 2019

Warren Buffett’s Berkshire Hathaway Inc. holds nearly $100 billion in financial-services stocks, underscoring the size of the billionaire investor’s ongoing bet on the future of the U.S. economy. Berkshire’s position has built up over years and includes banks, payment companies, […]

July 2, 2019

It’s been easy to hate banks as investments — not only were some of the biggest players bailed out by taxpayers in 2008, but bank stocks and the financial sector more generally have underperformed the broader market for years. But […]

January 11, 2019

The Q4 earnings season is just around the corner and investors are eagerly waiting for the results of the mega banks, which remained in the spotlight throughout the quarter for a number of reasons. Heightening concerns about rising interest rates, […]

December 20, 2018

The widely expected interest rate hike was announced at the end of the two-day Federal Reserve Open Market Committee (FOMC) meeting yesterday. The federal funds rate, increased for the fourth time this year, now stands at 2.25-2.50%. Despite this, majority […]

October 12, 2018

The U.S. economy is riding high. Bank stocks, while their valuations are down somewhat from their highs at the beginning of the year, are still enjoying a nice run. For most banks that want to raise new equity capital, the […]

October 10, 2018

Will the third-quarter earnings season prove the charm for bank stocks, which have lagged behind other sectors and the main benchmarks this year? Probably not, according to analysts previewing the numbers, even though expectations for the sector have been scaled […]

August 16, 2018

We recently got a look at Berkshire Hathaway’s (NYSE: BRK-A) (NYSE: BRK-B) closely watched stock portfolio, and it turns out that Warren Buffett and his stock-picking team had a fairly active second quarter. One of the most significant changes was […]

June 4, 2018

Goldman Sachs thinks higher interest rates and deregulation will be music to the ears of investors in banks. The investment bank’s chief equity strategist David Kostin expects the S&P 500 to rise by 5% to 2,850 by year end. Kostin […]