The S&P 500 Banks index was down 2%, with regional banks including, Regions Financial, Comerica Inc, and Fifth Third Bancorp, among the biggest losers.
RF posted Q3 earnings of 49 cents/shr, missing analysts' estimate of 58 cents a share, according toLSEG data. RF predicted net income interest in the fourth quarter to decline roughly 5% sequentially, as it paid more to retain deposits.CMA shares were down about 6% after it reported third-quarter earnings of $1.84 per share, compared to analysts' estimates of a $1.69 per share.
CMA said it expects NII to decline in the current quarter owing to soaring deposit retention costs. FITB also anticipates lower NII due to rising deposit costs.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Hong Kong stocks fall for second session as Nikkei 225 dropsSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »
BYD, XPeng, NIO Stocks Fall After Tesla's Earnings MissCEO Elon Musk complains about everything from interest rates to growth. Other electric-vehicle companies are working in the same environment.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »
U.S. stocks fall for 4th straight day as recent rise in Treasury yields pressures global marketsJoseph Adinolfi is a markets reporter at MarketWatch.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »
Dow's 168-point fall led by losses for American Express, Salesforce stocksSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »
Hong Kong stocks decline for third day as Japanese stocks dropSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »