financials

A new business model, expanding efforts in high-growth markets and a high net worth client base could be promising catalysts for Customers Bancorp, Inc. (NYSE: CUBI), according to analysts at D.A. Davidson. The Analyst Russell E. T. Gunther of D.A. Davidson initiated coverage on Customers Bancorp...

After an end-of-the-year rally in 2017, the financial services sector — the second-largest sector allocation in the S&P 500 — is continuing the streak. The Financial Select Sector SPDR (NYSE: XLF), the largest exchange traded fund dedicated to the sector, is up nearly 7 percent to...

Big banks began to report earnings in the week ended Jan. 12, and the financial earnings news flow continued into the week ended Jan. 19. A Muted Show The financial sector turned in 2.4-percent year-over-year revenue growth for the fourth quarter, the second lowest of all the eleven sectors,...

Bank Of The Ozarks Inc (NASDAQ: OZRK) reported fourth-quarter earnings Tuesday, with an EPS that fell in-line with the consensus estimate.  The Analyst Keefe, Bruyette And Woods' Catherine Mealor downgraded Bank of the Ozarks from Outperform to Market Perform and reiterated a $56...

Stock market rallies can be deceiving, CNBC's Jim Cramer said during his daily "Mad Money" show on Wednesday: "Bad rallies" exist, and they're characterized by stock market gains, but for the wrong reasons. There are three items on a checklist that differentiate "...

Bank stocks were one of the immediate beneficiaries of the "Trump rally" following the 2016 presidential election. But by February 2017, the positive sentiment "drifted out of the stocks," Bernstein's Kevin St. Pierre commented in a research report. Since then, many of the stocks under the analyst'...

If you’re looking for a financial feast, check Oppenheimer’s choice platter. The firm’s 28 research analysts updated their monthly list of top picks this week, with just more than half of the catalog intact from the start of the summer. Here is what comes highly recommended:...

2017 has been the year of tech. With the Nasdaq 100 up about 18 percent, investors have poured money into large-cap names like Facebook.com, Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL), Microsoft Corporation (NASDAQ: MSFT), and Alphabet Inc (NASDAQ: GOOG) (NASDAQ:...

The Financial Select Sector SPDR Fund (NYSE: XLF), widely viewed as one of this year's most disappointing sector exchange-traded funds, has recently shown signs of momentum. Over the past week, XLF, the largest ETF dedicated to the financial services sector, is higher by 4.2 percent. That could...

Financial stocks were the initial beneficiary of the "Trump rally" but have now lost all momentum, and many notable names are even trading in the red for 2017. For example, shares of JPMorgan Chase & Co. (NYSE: JPM) are now lower by nearly 5 percent since the start of 2017; Goldman Sachs Group...

The first-quarter reporting season is done and dusted. And the tidings were mostly positive, evident from the strong run up in the major averages since the commencement of the first quarter reporting season, which is generally early-to-mid April. Market Warms To Reporting Season Since April 10,...

Financial stocks have been one of the most heavily traded sectors over the last month. The following stocks have been outperforming the market based on trading volume over the past several days: AgroFresh Solutions Inc (NASDAQ: AGFS) Yintech Investment Holdings Ltd - ADR (NASDAQ: YIN)...

Equity markets suffered its worst daily performance in months on Wednesday, and U.S. equity futures are pointing toward further declines Thursday morning. Investors looking for a game plan to survive the sell-off might want to consider what CNBC's Jim Cramer has to say. Cramer offered a three-...

Billionaire investor Dan Loeb said in a letter to clients on Wednesday that President Donald Trump's pro-business economic policies have "awakened animal spirits." As noted by CNBC, Loeb said in his letter that Trump's victory in the presidential election represents the "most important paradigm...

Among sector exchange-traded funds, the Financial Select Sector SPDR Fund (NYSE: XLF) gets plenty of notoriety. Those are the breaks for the largest ETF tracking the financial services sector, which is now the third-largest sector weight in the S&P 500 following the separation of real estate...