MARKET COMPOSITE
Regional Banks Stocks20-30-2024 21:30:00 PM
Price
$82.46
-0.95%
The list of companies include ABCB-Ameris Bancorp, ACNB-ACNB Corp., ALLY-Ally Financial Inc, ALRS-Alerus Financial Corp, AMAL-Amalgamated Bank., AROW-Arrow Financial Corp., ASB-Associated Banc-Corp., ASRV-Ameriserv Financial Inc, ATLO-Ames National Corp., AUB-Atlantic Union Bankshares Corp, AUBN-Auburn National Bancorp Inc., BANC-Banc of California Inc, BANF-Bancfirst Corp., BANR-Banner Corp., BAP-Credicorp Ltd, BCBP-BCB Bancorp Inc (NJ), BCML-BayCom Corp, BCOW-1895 Bancorp of Wisconsin Inc, BFC-Bank First Corp, BFST-Business First Bancshares Inc., BHB-Bar Harbor Bankshares Inc, BHLB-Berkshire Hills Bancorp Inc., BKSC-Bank Of South Carolina Corp., BKU-BankUnited Inc, BLX-Banco Latinoamericano De Comercio Exterior SA, BMRC-Bank of Marin Bancorp, BOH-Bank of Hawaii Corp., BOKF-BOK Financial Corp., BOTJ-Bank of James Financial Group Inc, BPOP-Popular Inc.
* Latest intraday update before market close @ 20:45:44 PM 02/20/2024
Summary
:
Average return is down -0.7%
Median return is down -0.8%
60 out of 241 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
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

Aggregated price index with volume information

Summary:

  • Regional Banks stocks down 1.0% on average while median return down 1.0% in a day
  • Regional Banks stocks down 1.6% on average while median return down 1.9% in a week
  • Regional Banks stocks down 3.1% on average while median return down 4.9% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.

Related Stocks
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
DFS12.6%
12.6%
27.8%
9.211.233.154.3331.1B2%87%77-/\-Above resistance425-0.0%
IBN3.0%
6.7%
6.7%
21.770.220.040.06291%89.4B21%63\/-/At resistance4250.0%
OPHC3.0%
2.7%
-7.6%
0.722.9230.7M0%5%48
BMA2.8%
6.2%
13.5%
0.190.010.02-71%2B8%60-/Above resistance1180.2%
HMST2.8%
6.3%
-6.9%
-16.751.331.212.32316%261.6M4%88%60/\Above resistance213-0.3%
UBFO2.7%
0.7%
-4.8%
6.571.154.18-49%129.4M3%34%48-\/Below support830.1%
BLX2.1%
0.0%
-0.5%
5.811.30.586.44-30%670.6M2%44%49/At support1570.1%
BSBR2.1%
2.8%
-2.6%
8.340.950.311.535%8.5B7%51/\/3330.0%
ALLY2.0%
-0.9%
3.1%
10.051.021.262.4311.1B5%96%56\-/790.5%
FUSB2.0%
-0.5%
7.0%
7.880.821.9112%61.1M0%19%59
HDB1.8%
3.4%
-1.9%
16.911.140.390.1816%138.7B20%44/\/\213-0.1%
FHN1.7%
0.4%
0.3%
8.461.071.233.311692%7.9B2%84%52\/\At resistance425-0.1%
BBAR1.2%
8.4%
11.1%
0.120.0156%1.2B2%57/\/710.3%
MRBK1.2%
-0.8%
-25.2%
13.640.691.111.07304%110.7M2%50%29/\/Below support1510.2%
SSBI1.2%
1.9%
-10.7%
1.052.3237%51.2M0%15%40-/\96-0.3%
SNV1.1%
0.1%
-1.4%
8.431.361.383.44386%5.4B1%79%53\/\-213-0.0%
AMAL1.0%
-2.2%
-5.2%
8.30.892.4128%736.4M1%51%45\/\/2130.0%
GGAL1.0%
7.9%
20.8%
-0.090.010.01-81%2.5B9%61/\/790.5%
BARK0.9%
-2.6%
25.1%
-4.32200.2M62\274-0.2%
BCH0.9%
6.1%
8.8%
7.712.881.9819%12B1%67\/\/At resistance2130.0%
* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.
* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.
* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.
Detail Performance Summary
  • 1M winners are : Winners for past month are $KB 32.6%, $DFS 27.8%, $INBK 25.8%, $GGAL 20.8%, $BANC 15.3%
  • 1M losers are : Losers for past month are $MBCN -18.9%, $VLY -19.6%, $FFWM -22.2%, $MRBK -25.2%, $COLB -25.4%
  • 1W winners are : Winners for past week are $DFS 12.6%, $BSAC 10.8%, $BBAR 8.4%, $GGAL 7.9%, $IBN 6.7%
  • 1W losers are : Losers for past week are $MNSB -6.9%, $FCCO -6.9%, $OVLY -7.3%, $FRAF -7.8%, $BCBP -11.2%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 47.3%, for the past 3 months is 45.7%

In the past month for a 5 days rolling window, the highest corrrelation is 63.8%, the lowest correlation is 3.1%, the latest correlation is 63.5%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 92.7% between BBAR and BMA

The lowest correlation is -44.9% between BCH and BKSC

Stock news

    Americans have become increasingly reliant on their credit cards since the pandemic. Capital One Financial announced Monday that it would buy Discover Financial Services for $35 billion. For customers of the companies, it might eventually mean bigger perks and more merchant acceptance of Discover cards, and potentially lead to more competition in the payments industry.

    WILLIAMSVILLE, N.Y., February 20, 2024--Evans Bancorp, Inc. (NYSE American: EVBN) Announces Semi-Annual Cash Dividend

    Capital One announced plans to purchase Discover Financial for $35 billion, allowing it to compete with rival credit card giants.

    PROVIDENCE, R.I., February 20, 2024--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Vice Chair and Chief Financial Officer John Woods and Chief Risk Officer Richard Stein will participate at the RBC Capital Markets Financial Institutions Conference to be held on Tuesday, March 5, 2024 at 10:00 am ET.

    MICHIGAN CITY, Ind., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Horizon Bank announced the appointment of David Pendley as the divisional President of Mortgage Banking. Pendley will lead the strategic direction and profitable growth of the bank’s mortgage banking division, with responsibility for sales, operations, underwriting, secondary markets, and closing. “David is a seasoned veteran with more than 30 years of experience in mortgage sales, operations, secondary markets and process design, as well as

    (Bloomberg) -- Capital One Financial Corp. agreed to buy Discover Financial Services in a $35 billion all-stock deal to create the largest US credit-card company by loan volume, giving the combined entity a stronger foothold to compete with Wall Street’s behemoths. Most Read from BloombergCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Largest Covid Vaccine Study Yet Finds Links to Health ConditionsYour 401(k) Will Be Gone Within a DecadeStocks Fall Before Nvidia’s Make-or-Bre

    Banco BBVA Argentina S.A. (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) today announced that it will report its Fourth Quarter and Fiscal Year 2023 results.

    Capital One (COF) is reportedly in talks to acquire Discover Financial Services (DFS) in an all-stock deal valued at $35 billion. It represents the latest in a wave of mergers and acquisitions, with global M&A activity reaching $425 billion in 2024 year-to-date according to a Bloomberg report — a 55% increase versus last year. Of that $425 billion global total, $277 billion stems from deals announced in the United States alone, per Dealogic data. Yahoo Finance's Julie Hyman and Josh Lipton break...

    Capital One Financial (COF) has announced a $35 billion all-stock deal to acquire Discover Financial Services (DFS) while keeping the Discover brand. There have been calls for US regulators to step in, most notably by Senator Elizabeth Warren (D-MA). Yahoo Finance Reporters David Hollerith and Alexis Keenan join the Live show to break down how US regulators could get in the way of the Capital One-Discover merger. For more expert insight and the latest market action, click here to watch this full...

    LOS ANGELES, February 20, 2024--Western Alliance Bank today announced the appointment of Bret Rathwick and Michael Anthony to the organization’s Commercial and Industrial team. Rathwick assumes the role of Vice President, Relationship Manager at Western Alliance Bank’s Costa Mesa office and Anthony takes on the role of Vice President, Relationship Manager at the organization’s Downtown Los Angeles office.