BIRMINGHAM, Ala. _ Regions Financial Corp. on Friday reported second-quarter profit of $301 million. The average estimate of 25 analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Regions Financial shares have fallen slightly since the beginning of the year, while the Standard& Poor's 500 index has increased 10 percent.
Beyond just trading of stocks and bonds, there's a much more important growth engine emerging.
With banks swimming in cash, the door to intra-industry acquisitions may be about to crack open, says Dick Bove.
Wall Street expects bank stocks to climb, now that the Federal Reserve has approved big increases in plans to return capital to shareholders.
These are the stocks posting the largest moves after the bell.
The Fed's CCAR test results could mark a turning point for the financial stocks, which have lagged all year.
Analysts roundly expect a substantial increase in cash payouts this year compared with 2016.
According to Kensho, the financial sector jumped 5% with top performers including Regions Financial, Charles Schwab, Discover, and Ameriprise.
Snap shares sinking to trade around IPO price could spell trouble ahead for future IPOs.
U.S. Bancorp raised the prime rate to 4.25 percent following the Fed announcement to increase rates by a quarter point.
Stocks are reacting to the cold, hard facts of the economy first and foremost.
Beyond the rotation from tech to banks, the old growth vs. value divide is reemerging in the stock market.
Risks are far from out of the picture, but the stock market is choosing to hear what it wants.
Retail has reached a tipping point, and it's looking like an uphill battle from here.
The stock market may be priced for perfection, but here's why it's not all that hard to swallow.
Here are three key themes to pay close attention to ahead of Thursday night's tech earnings deluge.
Financials are on fire and regional banks are leading the way. CNBC's Landon Dowdy reports.
You might think market risks are declining, but pay close attention to these four themes.
If you want a microcosm of the problem with banking, you should look at what the big regional banks are saying.
Spring is here and the IPO floodgates have finally opened -- with six announcing terms just today.