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Flagstar Financial Narrows Q1 Loss, Bad Loans Rise
Monday, April 28, 2025 - 11:57am | 366The rally in Flagstar Financial Inc's (NYSE:FLG) stock due to a smaller-than-expected core loss of 23 cents per share, versus consensus of 29 cents per share, seems overdone, according to JPMorgan. The Flagstar Financial analyst, Anthony Elian, maintained a Neutral rating and price target of $13 on...
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How To Invest $1,000 In Regional Banks For 2025: Top Wall Street Analyst Reveals His Top Picks
Tuesday, December 17, 2024 - 7:31pm | 1031Regional bank stocks have been on a tear since the 2024 U.S. election, with the SPDR S&P Regional Banking ETF (NYSE:KRE) climbing about 10% versus the broader S&P 500’s 5% gain. Despite this already strong outperformance, JPMorgan analysts, led by Anthony Elian, CFA, see more upside...
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9 Stocks To Watch As Bank Stocks Blow Past Tech Names In 2024: Thank The 'Trump Trade'
Thursday, November 7, 2024 - 3:30pm | 1000Financial stocks have surged ahead of tech in year-to-date performance, fueled by a Trump-led rally on Wednesday that lifted banks and brokers amid investor expectations of a deregulation-friendly political landscape ahead. The Financial Select Sector SPDR Fund (NYSE:XLF) has risen by 30% in 2024,...
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Western Alliance Posts Q3 Earnings Miss, Why 5 Analysts Are Still Bullish
Friday, October 18, 2024 - 11:02am | 783Western Alliance Bancorporation (NYSE:WAL) reported mixed earnings for its third quarter on Thursday. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On Western Alliance Bancorporation Analyst Jon Arfstrom reiterated an...