regional banks

The U.S. regional banking sector is showing resilience as several mid- and small-cap banks delivered stronger-than-expected third-quarter earnings, according to JPMorgan analyst Anthony Elian. In a note on the sector's third-quarter earnings season, Elian highlighted widespread earnings beats and...

U.S. banks are preparing to slash interest payments on corporate deposits as the Federal Reserve’s recent rate cuts take effect. Following the Fed's decision in September to lower its benchmark rate by 50 basis points, the first reduction in over four years, U.S. financial institutions are...

Small-cap stocks outperformed large caps in Wednesday's session, with the Russell 2000 Index surging to test July 2024 highs on the back of expectations for interest rate cuts and a strong rally in regional banks. Financial stocks continued their upward momentum, buoyed by strong earnings reports...

Insurance, regional banks, fitness centers, utilities, hospitals and theme parks are among the sectors that could be negatively impacted when Hurricane Milton hits Florida Wednesday night or early Thursday morning. Here's a look at some of the sectors and stocks that investors should be watching...

As U.S. banks prepare to report their third-quarter earnings, investor attention is focused on the potential for a soft landing in the economy, Federal Reserve rate cuts, and their impact on bank valuations. Analysts at Bank of America remain cautiously optimistic about the outlook for bank stocks...

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

M&T Bank Corp (NYSE:MTB) is gearing up to report results in early October, after having reported upbeat earnings for the second quarter. The U.S. Federal Reserve cutting its benchmark interest rates could be a catalyst for the company's credit metrics and drive stronger earnings growth,...

As the Federal Reserve approaches a widely anticipated interest-rate cut cycle, traders are evaluating which sectors could benefit the most from lower rates. One key question on many minds is whether regional banks might outperform their larger counterparts in the coming months. Since the start of...

Federal Reserve Chairman Jerome Powell has dispelled any remaining uncertainty by signaling that the central bank is preparing to shift its monetary policy, effectively paving the way for imminent interest rate cuts. His remarks triggered a rally in rate-sensitive assets and pushed the dollar...

Renasant Corp (NYSE:RNST) shares tanked in early trading on Monday, a week after announcing a public offering of 6.25 million shares. The First Bancshares Inc (NYSE:FBMS) deal announcement and the common equity raise of $230 million "significantly changes the forward trajectory" for Renasant,...

U.S. regional banks are experiencing sessions of significant gains, as growing expectations for interest rate cuts fueled an investor rotation from large-cap to small-cap stocks. The SPDR S&P Regional Banking ETF (NYSE:KRE) — a widely followed gauge for the industry — rallied as much as 4.5% on...

Shares of First Foundation Inc. (NYSE:FFWM), a Texas-based regional bank facing commercial real-estate risks, dropped significantly on Wednesday after it received some badly needed help from a group of investors led by Fortress Investment Group. The stock closed at $6.58 a share on Tuesday but fell...

The latest Federal Reserve stress test results have highlighted “the inherent opacity” of the Fed evaluation process, according to Bank of America analyst Ebrahim H. Poonawala. The tests, which assess the resilience of banks under severe economic scenarios, revealed a wide range of...

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, indicating that investor sentiment has yet to fully regain trust in the industry following last...

United Bankshares, Inc. (NASDAQ:UBSI) announced on Friday that it entered into a definitive merger agreement under which United would acquire Piedmont Bancorp.  The exchange ratio will be fixed at 0.300 of United’s shares for each share of Piedmont, resulting in an aggregate transaction value...