|買盤||0.0000 x 800|
|賣出價||0.0000 x 800|
|今日波幅||0.1005 - 0.1286|
|52 週波幅||0.0548 - 226.5900|
|Beta 值 (5 年，每月)||1.48|
|市盈率 (最近 12 個月)||0.01|
|每股盈利 (最近 12 個月)||20.9000|
|業績公佈日||2023年7月17日 - 2023年7月21日|
This year's banking collapses have some striking parallels with the thousands of small bank failures that dotted the 1930s.
First Republic's whirlwind decline came to a close early Monday morning, with the announcement that JPMorgan would acquire the beleaguered regional bank. The deal is not surprising to Apollo Global Management Co-Founder and CEO Marc Rowan, who called it a simple case of the "strong get stronger." The recent failures of three banks (First Republic, Signature, and Silicon Valley) were "totally predictable," Rowan says, and can be traced to "well-known" weaknesses. Rowan is more focused on what the "future of regional banking" looks like, particularly after the largest bank run in history saw Silicon Valley bank lose $42 billion in deposits in a single day. So, what does that future look like? There's a possibility of more mergers with regional banks, Rowan says, as weaker institutions "get taken out by the strong players," but "we're not going to know for a while." Most important in the regional bank business model is whether their deposits are stable, Rowan says, admitting he's "not so sure." JPMorgan (JPM) CEO Jamie Dimon told analysts on a call the market crisis surrounding banks "is over." But that doesn't mean the market is out of the woods quite yet. Rowan is wary of commercial real estate stress that could "give some rise to round two." And with the Fed expected to hike rates higher this week, economic conditions are only tightening in the foreseeable future. In his full interview with Brian Sozzi, Marc Rowan explains why despite turmoil, the U.S. banking system remains the "envy of the world." Key video moments: 00:00:26 Bank failures were "totally predictable" 00:00:53 Regional banks' cost of doing business is up 00:01:30 Weak players are getting taken out by strong players 00:01:40 Watch out for commercial real estate Disclosure: Apollo Global Management is the parent company of Yahoo Finance.
SoFi Technologies (NASDAQ:SOFI) is a bank, but we might also think it of as a technology company. Even if you’re purposely avoiding financial sector stocks, SOFI stock could still deserve a place on your watch list. That’s because SoFi Technologies can secure its place as a fintech standout by protecting its customers during these uncertain times. Possibly, the most important lesson banking sector investors have learned in 2023 is this: Trust is everything. Without trust, banking and fintech fir
Akre Focus Fund, an investment management company, released its first quarter 2023 investor letter, a copy of the same can be downloaded here. The Akre Focus Fund’s first quarter 2023 performance for the Institutional share class was 5.91% compared with S&P 500 Total Return at 7.50%. Performance for the trailing 12-month period ending March 31, […]
Are all regional American banks the same? Definitely not! U.S. Bancorp (NYSE:USB) stands apart from failed banks for being consistently profitable while respecting shareholders with generous dividend payouts. At the end of the day, you’ll surely find that USB stock didn’t deserve its recent sharp drawdown and is poised for a swift comeback. It’s understandable that some folks are worried about the American banking system. After all, SVB Financial Group (OTCMKTS:SIVBQ) subsidiary Silicon Valley B
Even if you’re afraid to invest in banks, this is a great time to consider SoFi Technologies (NASDAQ:SOFI) stock. First of all, it’s wrong to lump SoFi Technologies into the same category as 2023’s failures in the financial sector. Plus, SoFi is branching out into a lending niche that could generate substantial revenue. To a certain extent, the market’s fears about bank stock investing is understandable. After all, commentators are still buzzing about the collapses of SVB Financial Group (OTCMKT
In an exclusive interview with Yahoo Finance's Jennifer Schonberger, New York Federal Reserve Bank President John Williams made it clear he is still focused on fighting inflation. "We are seeing signs of inflation slowing, but inflation is still very high." He goes on to say, "some of this core services inflation, excluding housing, that hasn't budged yet" and that the Fed has its "work cut out for us to get inflation back to 2%." Williams also says he is "very much watching for" any continued fallout from the collapse of Silicon Valley Bank and Signature Bank and that the banking system has "really stabilized." Click here to see the full interview with the New York Fed's John Williams. Key video moments: 00:09 "Inflation has started to come down" 00:24 Where the U.S. is seeing inflation come down 00:53 "Inflation is still very high"
Public concern about the banking system has subsided over the past month as deposit outflows slow and liquidity stabilizes.
Tassat's CEO said other banks aren't inquiring about implementing its solution for crypto settlement.
Investors would be hard-pressed to find a safer bet right now than the Wells Fargo (NYSE:WFC) stock. Not only is the bank a giant, well-capitalized lender, it’s not deeply immersed in the shaky housing market. Besides, as smaller banks fail, Wells Fargo will be more than happy to scoop up the nervous banking customers. Some financial institutions, like SVB Financial Group (OTCMKTS:SIVBQ) subsidiary Silicon Valley Bank and Signature Bank (OTCMKTS:SBNY), quickly imploded last month. The ripple eff
There are more than 4,000 banks in the U.S. The argument for having many can be traced back to arguments as the nation was founded.
In this piece, we will take a look at the 15 best cryptocurrency trading platforms in 2023. For more cryptocurrency trading platforms, head on over to 5 Best Cryptocurrency Trading Platforms in 2023. The cryptocurrency market is one of the riskiest and wildest investment opportunities you are bound to come across. It is also one […]
Like many other financial institutions, Ally Financial (NYSE:ALLY) is dealing with the mistrust of skittish customers. Yet, ALLY stock should recover this year, and the company’s customers need not worry. After all, Ally Financial is well-capitalized and has a business model that should allow the company to withstand the current banking crisis. Based in Michigan, Ally Financial has been around in one form or another since 1919. For generations, it’s been considered a safe, and perhaps boring, pl
A bank crisis has pressured financial markets and made it hard for investors to know where to turn for signs of stability or worry. A few key readings on volatility, the bond market, and the currency market offer some guidance.
Journal Editorial Report: Biden officials are sending damaging mixed signals on policy. Images: Getty Images/Pool via AP Composite: Mark Kelly
A new survey reveals a more cautious C-suite.
Wall Street fine tunes its views a day after the Federal Reserve lifted interest rates despite the banking crisis.
The Federal Reserve taking a dovish stance, raising interest rates a quarter of a percentage point at its March meeting. At the beginning of month, the expectation was for a half-point hike, but following the collapse of Silicon Valley Bank (SIVB) and Signature Bank (SBNY), the quarter-point hike was what most investors had priced in. In a press conference after the decision was announced, Chairman Jerome Powell made it clear that bringing down inflation was still the Fed's goal, saying "inflation remains too high." However, he acknowledged the potential economic drag of the banking turmoil, stating "events in the banking system over the past two weeks are likely to result in tighter credit conditions for households and businesses." When it comes to the collapse of SVB, Powell didn't mince words, "at a basic level, Silicon Valley Bank management failed badly." Powell also addressed the Federal Reserve's review of its own supervision of SVB, stating "my only interest is that we identify what went wrong here," adding that after the investigation is complete, the Fed will need to develop and implement "the right policies to put in place so that it doesn’t happen again." Key video moments: 00:05 Response to bank crisis 00:19 Powell on SVB collapse 00:36 Fed response to SVB 00:47 Inflation is too high 00:58 Impact of banking crisis on inflation
Regional banks that came under investor pressure following the failure of Silicon Valley Bank fell further on Wednesday following comments from the Fed chair and the Treasury secretary.
Treasury Secretary Janet Yellen said the federal government could step in to protect depositors at additional banks if regulators see a risk of a run on the banking system. She spoke at a gathering of the American Bankers Association on Tuesday. Photo: Jim Watson/AFP/Getty Images
With the banking crisis rolling alone, recession risk comes back into focus.
The Signature Bank (NASDAQ: SBNY) had been reportedly retreating from real-estate lending as a share of its total business after Signature’s exposure exceeded what U.S. bank regulators recommended for managing risk. It also reduced real-estate lending after changes to New York tenant laws that made it difficult harder for landlords to profit from deregulation. “We don’t want the [commercial real estate] concentration that we currently have,” Signature’s vice chairman, John Tamberlane, said at a
A fork in the road for investors during all this banking turmoil.
This has been a wild week in business.