bank stocks

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers. Here is a look at the most-searched stocks on Benzinga Pro during May 2023. Year-to-date and 52-week ranges are based on June...

When asked what he thinks about banning short sellers, investor and "Shark Tank" star Kevin O’Leary didn’t hold back. What Happened: With the regional banking sector seeing pressure after several collapses and bankruptcies, there are increasing calls to ban short selling...

Regional bank stocks have enjoyed positive price momentum as concerns about the industry's survival and anxiety about deposit withdrawals have abated. Tuesday marked the first time since the failures of Silicon Valley Bank and Signature Bank in March that the SPDR S&P...

Following its acquisition of First Republic Bank (FRC), JPMorgan Chase & Co (NYSE:JPM) raised its performance targets, telling investors Monday at its investor conference that it expects an increase of about $3 billion in net interest income for the year. With the revisions, the bank...

Fifth Third Bancorp (NASDAQ: FITB) announced that it has completed the acquisition of Big Data LLC, a tech-based company based in Madison, WI. Big Data LLC provides solutions for healthcare payments and remittances. The financials of the transactions were not disclosed. The acquisition...

Latin American banking company Nu Holdings (NYSE: NU) reported first-quarter financial results after market close Monday. Here are the key highlights. What Happened: Nu reported first-quarter revenue of $1.6 billion, which was nearly double the results of the previous year. The revenue total beat a...

Famed “Big Short” investor Michael Burry made some changes to his portfolio, signaling a newfound interest in banking stocks amid the regional banking crisis, according to Scion Capital's latest 13F filings. The renowned investor, known for profiting from the subprime mortgage crisis in...

Investors are on the hunt for undervalued, underfollowed and emerging stocks and retail traders have countless methods at their disposal to uncover new information. For some, this may be overwhelming. Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern...

Three of the largest five banking failures have happened in 2023, and more failures may be lurking. The structural problems that caused First Republic Bank (FRC), Signature Bank (OTC: SBNY), and Silicon Valley Bank (OTC: SIVBQ) to fail remain: the Federal Reserve’s interest rate policy is...

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers. Here is a look at the most-searched stocks on Benzinga Pro during March 2023. Year-to-date and 52-week ranges are through the...

Investors are on the hunt for undervalued, underfollowed and emerging stocks and retail traders have countless methods at their disposal to uncover new information. For some, this may be overwhelming. Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern...

The recent failures of Silicon Valley Bank, Signature Bank (OTC: SBNY), and First Republic (NYSE: FRC) and the poor performance of other regional banks serve as a reminder of the underappreciated risks of investing in bank stocks. It’s not just the inherent banking risks that should make...

Regional banks find themselves under scrutiny as the shadow of another bank failure looms large. A congressional member's sale of stock in the collapsing bank before its downfall may exacerbate concerns surrounding the topic of trading by Congress members. What Happened: One of the largest...

First Republic Bank's (NYSE:FRC) longtime supporter Jim Cramer chimed in on the bank's collapse and the ramification for different stakeholders. What Happened: Hours after the Federal Deposit Insurance Corporation confirmed the shuttering of the San Franciso-based regional bank and the sale of its...

Shares of JPMorgan Chase & Co. (NYSE:JPM) climbed over 3% in premarket trading after the big bank prevailed in the bidding war to lap up the assets and deposits of the now-collapsed First Republic Bank (NYSE:FRC). San Francisco-based First Republic has been shuttered and placed under FDIC's...