Bigger banks rise while regionals slump as Q1 earnings season kicks off

  • 📰 Reuters
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Shares in U.S. banks were a mixed bag on Friday with JPMorgan Chase soaring 7.0% after its quarterly report impressed investors while PNC Financial was among regional bank decliners after it reduced growth expectations for 2023.

, which gave loan and revenue growth guidance for 2023 that fell short of Wall Street's expectations.

PNC's net interest income, while higher than the year-ago quarter, was roughly 1% shy of the mean analyst expectation.Credit Suisse analyst Susan Katzke also noted in research that PNC's 2023 revenue guidance for growth of 4% to 5% was lower than previous expectations for 6% to 8% growth, while its estimate for average loan growth fell to a 5% to 7% range from a 6% to 8% range.shares fell 3.0%. First Republic shares fell 1.5%.

JPMorgan shares hit their highest level since early March and were on track for their biggest one-day percentage gain since November 2020. Citi shares rose 4.2% and Bank of America was up 3.0% as their investors appeared to be encouraged by JPM's news. Morgan Stanley shares rose 0.9% while Goldman shares were up 1.1%.Friday's big jump in bank stocks helped a trader reap a big gain on a timely trade in Financial Select Sector SPDR Fund'sA trader, who had bought 100,000 of the XLF April $33.5 call options for about $1.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Scripted play

By design...

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

JPMorgan Chase reports record revenue | CNN BusinessJPMorgan Chase on Friday reported first-quarter profit and revenue that roundly beat expectations. Good for them! Now shore up your investments so that you don’t have to force taxpayers to bail you out later. Davidlaz That profit is from money that they allowed to be unlawfully, unauthorized wires and taken out of their customers accounts and refused to give back. It’s been going on for years and they still are asking for your account number and debit card information.
출처: CNN - 🏆 4. / 95 더 많은 것을 읽으십시오 »