107.70 +0.15 (0.14%)
After hours: 7:44PM EDT
|Bid||0.00 x 1800|
|Ask||108.00 x 900|
|Day's Range||106.60 - 107.88|
|52 Week Range||86.61 - 119.33|
|PE Ratio (TTM)||15.33|
|Earnings Date||Jul 13, 2018|
|Forward Dividend & Yield||2.24 (2.08%)|
|1y Target Est||122.07|
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves as the world's largest US banks are set to take the stress test and return capital to shareholders if they pass. Here's the performance of select financial and bank stocks as of 1:30 pm ET: BSBR Banco Santander Brasil SA 6.63% BBD(HB) Banco Bradesco SA Pfd ADS 5.55% ITUB(HB) Itau Unibanco Hldg S A 4.95% WF(HB) Woori Bank 2.25% BOKF BOK Finl Corp 2.21% GGAL(HB) Grupo Financiero Galicia ADS 2.07% FRC First Repub Bank 1.16% PNFP(3) Pinnacle Finl Partners 1.09% SBNY(HB) Signature Bank 0.92% STL(2) Sterling Bancorp 0.72% DB(HB) Deutsche Bank Ag Ord 0.54% RBS The Royal Bank of Scotland 0.58% SNV Synovus Finl Corp 0.42% CBSH Commerce BancShs Inc 0.39% CFR Cullen/frost Bankers 0.29% MFG Mizuho Finl Grp Inc 0.29% WAL Western Alliance Bancorp 0.24% IBN Icici Bank Ltd ADS 0.17% NYCB New York Community Bancorp 0.09% SMFG Sumitomo Mitsui Finl Grp 0.06% OZRK Bank Of The Ozarks 0.00% SAN Banco Santander S A 0.00% EWBC East West Bancorp -0.17% BAP Credicorp Ltd -0.31% PACW PacWest Bancorp -0.31% ISF(HB) ING Groep 6.375% Perpet Hybrid -0.38% HDB Hdfc Bank ADS -0.40% BSMX(HB) Banco Santander Mexico SA -0.60% BSAC(HB) Banco Santander-Chile ADS -0.66% ING ING Grp ADS -0.68% SHG(HB) Shinhan Finl Grp ADS -0.69% BMO Bank Of Montreal -0.72% HSBC HSBC Hldg PLC -0.82% CS Credit Suisse Grp ADS -0.99% BCH(HB) Banco De Chile ADS -1.10% KB(HB) KB Finl Grp Inc -1.19% BNS(HB) Bank Of Nova Scotia -1.21% SIVB SVB Finl Grp -1.21% CIB(HB) Bancolombia S.A. Pref ADS -1.39% BCS Barclays Plc ADS -1.99% AIZ(HB) Assurant Inc 4.59% CBOE CBOE Glbl Mkts Inc 1.09% RE(HB) Everest Re Grp 0.97% PGR Progressive Corporation (The) 0.86% AMG Affiliated Managers Grp Inc 0.80% ALL Allstate Corp 0.66% JEF Jefferies Financial Group 0.63% CMA Comerica Inc 0.48% RF Regions Finl Corporation 0.43% TRV The Travelers Companies Inc 0.47% MTB M&T Bank 0.38% USB US Bancorp 0.38% BHF Brighthouse Finl Inc 0.37% ANTM Anthem Inc 0.30% ZION Zions Bancorp 0.29% KEY KeyCorp 0.29% IVZ Invesco Ltd 0.22% AIG Amer Intl Grp 0.20% TMK Torchmark Corp 0.20% BEN Franklin Res Inc 0.06% NAVI Navient Corp 0.00% BK Bank of New York Mellon Corp 0.03% HIG Hartford Finl Svcs Grp 0.04% CB The Chubb Corp 0.02% XL XL Grp Ltd 0.02% STI SunTrust Banks -0.03% WFC Wells Fargo -0.05% NTRS Northern Trust -0.07% CINF Cincinnati Finl -0.10% HBAN Huntington Bancshs -0.10% AFL AFLAC Inc -0.09% ETFC E Trade Finl Corporation -0.16% CI Cigna Corp -0.13% ICE Intercontinental Exchange Grp -0.20% BLK Blackrock Inc'A' -0.19% BRK.B Berkshire Hathaway'B' -0.19% PNC PNC Finl Svcs Grp -0.24% UNM Unum Grp -0.30% C Citigrp Inc -0.36% PFG Principal Finl Grp -0.37% MMC Marsh & McLennan Companies Inc -0.35% L Loews Corp -0.38% VRSK Verisk Analytics Inc -0.39% SCHW Charles Schwab Corp (The) -0.41% FIS Fidelity National Information -0.43%
Late last month, yours truly here took a look at three fintech stocks to consider. Namely, I pegged Green Dot Corporation (NYSE:GDOT), Paypal Holdings Inc (NASDAQ:PYPL) and IHS Markit Ltd (NASDAQ:INFO) as underestimated opportunities that were likely to end up dishing out pleasant surprises as they win more than their fair share of the market.
Paul Meeks has been following technology stocks since 1992 as an analyst or investment manager and has been noteworthy for his long term bullishness on the sector. By contrast, Meeks noted that a continued upward trend in interest rates bodes well for bank earnings, as banks gain more leeway to increase their net interest spreads.
At a time when the economy is doing well and interest rates are rising, about half of the banks labeled as systemically important by the financial stability board are trading down in a bear market year-to-date (YTD), noted CNBC in a segment preceding Thursday's banking stress test results. According to analyst Dick Bove of Hilton Capital Management, focusing on the largest six banks is a failure to see the bigger picture and gain on high-flying mid-cap financial stocks.
As the Dow comes under pressure again, one technician is taking the opportunity to break open the index for the names to buy on weakness. Ari Wald, head of technical analysis at Oppenheimer, subscribes to one guiding philosophy to identify those picks. The first, J.P. Morgan, is in the middle of a tactical pullback from which Wald expects it to recover.
JPMorgan Chase & Co.'s (NYSE: JPM ) J.P. Morgan Asset Management, a unit that includes the bank's exchange traded funds business, introduced its first plain vanilla ETF Monday and entered the field of ...
JPMorgan (JPM) agrees to pay $65 million to settle charges related to claims of its manipulation of benchmark swap rates between 2007 and 2012.
A high-profile cartel prosecution involving some of Australia’s top banks has seen the first executive resignation, with Robert Priestley, chairman of JPMorgan Australia, standing down as a director of ...
WASHINGTON—JPMorgan Chase & Co. agreed to pay a $65 million fine to settle claims that it tried to manipulate a global interest rate benchmark, the latest fine levied by U.S. regulators to punish crisis-era manipulation schemes by large banks. The Commodity Futures Trading Commission said JPMorgan employees between 2007 and 2012 made false reports and attempted to manipulate the U.S. Dollar International Swaps and Derivatives Association Fix, a benchmark that is referenced in many derivatives products. The regulator found that during that five-year period, JPMorgan employees would attempt to manipulate the reference rate by “bidding, offering, and executing transactions in targeted interest rate products” around the time of day when the reference rate was fixed.
JPMorgan Chase Bank NA will have to pay a $65 million civil penalty to settle charges that it attempted manipulating ISDAfix benchmark swap rates between 2007 and 2012, the U.S. Commodities Futures Trading ...
WASHINGTON (Reuters) - JPMorgan Chase Bank NA (JPM_pd.N) (JPM.N) will have to pay a $65 million (£49 million) civil penalty to settle charges that it attempted manipulating ISDAfix benchmark swap rates ...
JPMorgan Chase was fined $65 million by the Commodity Futures Trading Commission for allegedly attempting to manipulate the International Swaps and Derivatives Association Fix benchmark. The CFTC said ...