MARKET COMPOSITE
Major Banks Stocks28-00-2024 20:00:00 PM
Price
$125.19
+ 0.45%
The list of companies include ALRS-Alerus Financial Corp, AMNB-American National Bankshares Inc., AMTB-Amerant Bancorp Inc, AROW-Arrow Financial Corp., BAC-Bank Of America Corp., BK-Bank Of New York Mellon Corp, BMO-Bank of Montreal, BNS-Bank Of Nova Scotia, BRBS-Blue Ridge Bankshares Inc (VA), CADE-Cadence Bancorporation, CASH-Meta Financial Group Inc., CBNK-Capital Bancorp Inc, CHCO-City Holding Co., CM-Canadian Imperial Bank Of Commerce, CMA-Comerica, Inc., COF-Capital One Financial Corp., ESQ-Esquire Financial Holdings Inc, FBK-FB Financial Corp, FBMS-First Bancshares Inc Miss, FFBW-FFBW Inc., FNLC-First Bancorp Inc (ME), HOPE-Hope Bancorp Inc, JPM-JPMorgan Chase & Co., KEY-Keycorp, LARK-Landmark Bancorp Inc, MCB-Metropolitan Bank Holding Corp, NKSH-National Bankshares Inc., OFG-OFG Bancorp, OPOF-Old Point Financial Corp., PEBO-Peoples Bancorp, Inc. (Marietta, OH)
* Latest intraday update before market close @ 19:45:40 PM 03/28/2024
Summary
:
Average return is up 0.2%
Median return is up 0.2%
31 out of 58 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
KEY + 1.0%PNC + 1.1%BRBS + 1.1%BNS + 1.3%CMA + 1.3%BMO + 1.3%CM + 1.4%RF + 1.5%BK + 1.5%FBMS + 1.6%FNLC + 1.8%USB + 1.9%RMBI + 2.0%AVAL + 2.2%COF + 3.2%

Aggregated price index with volume information

Summary:

  • Major Banks stocks up 0.5% on average while median return up 0.5% in a day
  • Major Banks stocks up 0.9% on average while median return up 1.0% in a week
  • Major Banks stocks up 5.9% on average while median return up 7.2% 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 %)
FNLC3.1%
6.3%
7.4%
9.211.444.4537%272.7M1%50%63\/-\218-0.0%
COF3.0%
4.0%
8.2%
12.461.731.222.7856.6B1%93%71\/\-/Above resistance2180.2%
BRBS2.3%
5.5%
9.8%
-0.991.342.79408%51.6M0%30%54-\Above resistance295-0.3%
AVAL2.2%
3.1%
-9.1%
1.12-11%871.1M11%44\/At support1230.0%
FBMS2.2%
4.6%
6.7%
10.841.204.37100%809.1M1%62%59\/\435-0.0%
RF1.7%
4.4%
13.3%
9.97-0.461.153.28296%19.3B2%76%73-/-\Above resistance435-0.0%
PEBO1.6%
3.9%
6.1%
8.61.850.983.001.1B3%60%61\/\/2180.0%
USB1.6%
0.6%
8.4%
13.672.061.794.1295%69.6B1%77%64\/\/2180.1%
CBNK1.5%
-0.5%
2.7%
1.651.83206%287.5M2%29%54\/\/At support2480.1%
CMA1.4%
4.0%
13.3%
8.57-0.961.233.247.3B3%82%65\/-\-2180.0%
BMO1.3%
1.3%
9.1%
1931.282.7689%71.2B49%66\/-At resistance690.0%
CM1.3%
0.2%
9.6%
10.682.961.342.88312%47.6B52%70/\/At resistance1450.1%
BK1.2%
0.6%
3.6%
14.890.91.042.72-5%43.4B1%85%67/\/850.3%
BNS1.2%
2.5%
7.9%
11.662.61.173.0081%63.3B56%73\/\-Above resistance218-0.0%
MCB1.2%
-1.3%
-5.7%
5.551.503.6899%427M2%67%47\/-\/2180.1%
KEY1.1%
2.9%
13.6%
17.90.861.233.02326%14.7B1%83%66/\/1420.4%
ESQ1.0%
-2.0%
-5.9%
9.811.373.7961%389.5M3%53%46/At support3080.1%
OFG1.0%
1.7%
3.5%
9.641.281.102.391587%1.7B3%94%57\/-/2180.2%
PNC1.0%
2.4%
10.9%
12.64-8.511.515.03100%64.3B1%84%68\/\/At resistance2180.1%
TFC1.0%
2.4%
12.0%
-35.761.43.3739%52B1%74%67\/\-218-0.0%
* 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 $SUPV 40.0%, $BBVA 18.2%, $DB 17.9%, $SAN 17.2%, $KEY 13.6%
  • 1M losers are : Losers for past month are $RMBI -2.5%, $LARK -3.7%, $MCB -5.7%, $ESQ -5.9%, $AVAL -9.1%
  • 1W winners are : Winners for past week are $FNLC 6.3%, $SAN 6.1%, $BRBS 5.5%, $FBMS 4.6%, $RF 4.4%
  • 1W losers are : Losers for past week are $NKSH -2.1%, $MUFG -2.6%, $SUPV -2.9%, $WF -8.6%, $RMBI -9.2%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 30.5%, for the past 3 months is 31.6%

In the past month for a 5 days rolling window, the highest corrrelation is 57.2%, the lowest correlation is 2.4%, the latest correlation is 36.3%

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 93.7% between AMNB and HOPE

The lowest correlation is -43.1% between BBVA and FFBW

Stock news

    DAMARISCOTTA, Maine, March 28, 2024--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share. This first quarter dividend is payable April 19, 2024 to shareholders of record as of April 9, 2024.

    Simmons First National Corporation (NASDAQ: SFNC) today announced it is scheduled to release first quarter 2024 earnings prior to the market opening on Wednesday, April 24, 2024. Management will conduct a live conference call to review this information beginning at 9:00 a.m. Central Time on Wednesday, April 24. Interested parties can listen to the call by dialing toll-free 1-844-481-2779 (North America only) and asking for the Simmons First National Corporation conference call, conference ID 101

    CORAL GABLES, Fla., March 28, 2024--Amerant Bancorp Inc. (NYSE: AMTB) ("Amerant" or the "Company"), today announced it will release first quarter 2024 earnings results on Wednesday, April 24, 2024 after the market closes. Once released, investors may access Amerant’s earnings results at https://investor.amerantbank.com by choosing "Financial Results" under the "Financials Info" heading.

    NEW YORK, March 28, 2024--Barclays today announces the appointment of David Garner as Managing Director and Global Head of Securitized Products Bond Trading. Mr. Garner will join the bank in June and will be based in New York, reporting to Scott Eichel, Global Head of Securitized Products ("SP").

    The U.S. arm of Spanish banking giant Santander has hired Swati Bhatia to oversee retail banking and its digital transformation efforts. Bhatia joins at "an inflection point" for the company, which aims to be "a digital bank with branches," CEO Tim Wennes said.

    In this article, we discuss the 20 best stocks to buy right now according to financial media. If you want to skip our detailed analysis of these stocks, go directly to 5 Best Stocks to Buy Right Now According to Financial Media. The United States economy has been hit hard by inflation concerns in the […]

    UBS gave Chief Executive Sergio Ermotti a $13.6 million bonus, hailing his "excellent performance in a defining year" for Switzerland’s largest bank by assets. Ermotti felt loyalty to UBS and a call of duty to Switzerland after it bought Credit Suisse, he said in a recent podcast with Nicolai Tangen, the head of Norway's sovereign wealth fund. Board members said he was key in reassuring clients, defusing risks, and stabilizing Credit Suisse, and praised his "vision, drive and ambition" for how...

    In this article, we discuss the 10 best affordable stocks under $10. To skip the detailed analysis of current economic conditions and experts’ outlook around them, go directly to the 5 Best Affordable Stocks Under $10. On March 20, the Federal Reserve Chairman, Jerome Powell, highlighted that the economy remains strong with substantial easing of […]

    In this article, we discuss 11 best April dividend stocks to invest in. You can skip our detailed analysis of dividend stocks and their performance in the past, and go directly to read 5 Best April Dividend Stocks To Invest In. Income investors have always favored dividend stocks because of their ability to generate consistent […]

    Simmons Bank hosted a grand opening ceremony to celebrate the latest Pine Bluff financial center located at 1400 E. Harding Ave. Simmons Bank operates five full-service branches throughout Pine Bluff.