Goldman Sachs, JPMorgan, And Wells Fargo Lead Bank Stocks Surge As Investors Bet On Soft Landing
Large bank stocks have had a banner year amid expectations of interest rate policy and optimism for an economic "soft landing." The Invesco KBW Bank ETF (NASDAQ:KBWB) has appreciated by 31.1% in the p
Regional Banks Yet To Recover From SVB Collapse: Time To Invest In The Top Banking ETF?
Regional bank stocks, as monitored through the SPDR S&P Regional Banking ETF (NYSE:KRE), continue to trade about 13% lower than they were prior to the collapse of Silicon Valley Bank in March 2023, in
'ECB To Impose First-Ever Fines On Banks For Climate Failures; Several Lenders Didn't Progress Enough On Risk Assessment; Fines Per Day Can Technically Be Up To 5% Of Daily Revenue' - Bloomberg News
The European Central Bank is set to take the unprecedented step of imposing fines on several lenders for their protracted failure to address the impact of climate change.As many as four lenders face p
Profits in the US banking sector soared as large banks got rid of the costs of bankrupt banks
US banking profits surged 79.5% to $642 billion in the first quarter of 2024, mainly because large banks did not bear the multi-billion dollar special fees that were required to pay last spring to cover losses caused by bank failures.
FDIC Quarterly Banking Profile First Quarter 2024; Banking Industry's Net Income Of $64.2B In Q1, An Increase Of 79.5% From The Prior Quarter
Good morning and welcome to our release of first quarter 2024 performance results for FDIC-insured institutions. The banking industry continued to show resilience in the first quarter. Net income reb
Express News | Fed Releases Discount Rate Meeting Minutes for April 8-May 1; All Reserve Banks Voted to Hold Discount Rate in April
Top 10 Largest U.S. Banks by Total Assets as of First Quarter
Here is the list of the top 10 largest U.S. banks by total assets as of the first quarter, according to data from S&P Global Market Intelligence.
This Airbnb Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.Wedbush ana
JP Morgan Upgrades Huntington Bancshares to Overweight, Raises Price Target to $18
JP Morgan analyst Steven Alexopoulos upgrades Huntington Bancshares (NASDAQ:HBAN) from Neutral to Overweight and raises the price target from $16 to $18.
Huntington Bancshares Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/28/2024 28.66% JP Morgan $16 → $18 Upgrades Neutral → Overweight 04/22/2024 14.37% Morgan Stanley $16 →
Crypto-tied Firms Among Week's Biggest Winners, Argentine Banks Slide: Financials Wrap
Cracking The Code: Understanding Analyst Reviews For First Horizon
During the last three months, 10 analysts shared their evaluations of First Horizon (NYSE:FHN), revealing diverse outlooks from bullish to bearish.The table below offers a condensed view of their rece
First Horizon Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/23/2024 17.94% Stephens & Co. → $19 Reiterates Overweight → Overweight 04/19/2024 -0.68% Baird $15 → $1
First Horizon Rated New Overweight at Stephens as Bank Prepared for Higher Rates
These Banks Are Among Those Most and Least Exposed to CRE Stress - Wedbush
JPMorgan's Investor Day Has Read-throughs for Banks in General, BofA Says
Bank Stocks: How the Biggest Lenders Are Performing as Jamie Dimon Suggests JPM Is Pricey
Express News | 'FDIC Chair Gruenberg Tells Staff He Plans To Resign Once Successor Confirmed, Announcement Comes After Senate Banking Committee Chairman Called For New Leadership' - WSJ
Express News | JP Morgan CEO Dimon Says Banks Should Be Allowed To Merge
Express News | Senate Banking Committee Chairman Sherrod Brown Calls For New Leadership At Federal Deposit Insurance Corporation; Brown Calls On President Biden To Immediately Nominate New Chair To FDIC