Financial

RiverNorth Capital Fund (NYSE: RSF) Concludes Repurchase Offer with Strong Shareholder Response

July 08, 2024 05:13 PM AEST| By Team Kalkine Media

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF), a prominent closed-end fund, recently concluded its repurchase offer with substantial participation from shareholders. The fund's repurchase initiative, which aimed to buy back up to 5% of its out...

Federal Reserve Issues Enforcement Action Against Evolve Bancorp and Evolve Bank & Trust

June 20, 2024 03:36 PM AEST| By Team Kalkine Media

The Federal Reserve Board had issued a significant enforcement action against Evolve Bancorp, Inc. and Evolve Bank & Trust, both headquartered in West Memphis, Arkansas. The action addresses critical deficiencies in the bank's anti-money laundering (...

ArrowMark (Nasdaq: BANX) Declares Quarterly Distribution Amid Strong Financial Performance

June 17, 2024 05:17 PM AEST| By Team Kalkine Media

ArrowMark Financial Corp. (,Nasdaq: BANX,), a prominent player in the realm of closed-end management investment companies, has just made a significant announcement regarding its financial distributions for the second quarter of 2024. The company's bo...

Charles Schwab Corporation (NYSE: SCHW) reports net revenue of US$4.7B in 1Q24

April 16, 2024 05:00 PM AEST| By Team Kalkine Media

In the dynamic landscape of financial services, The Charles Schwab Corporation (,NYSE: SCHW,) stands out as a leading provider, offering a comprehensive suite of services tailored to meet the diverse needs of individual investors and independent inve...

Insights into T. Rowe Price Group’s (NASDAQ: TROW) Q4 2023 performance

February 09, 2024 04:32 PM AEDT| By Team Kalkine Media

T. Rowe Price Group, Inc. (NASDAQ: TROW), a prominent player in the,financial market,, recently unveiled its financial performance for the fourth quarter of 2023. This overview delves into key highlights, providing insights into the company's robust...

Two financial stocks to examine as the sector beats the S&P 500

October 18, 2023 10:00 PM AEDT| By Akanksha Vashisht

Summary,The S&P 500 index fell by 0.01%, while the S&P 500 Financials index rose by 0.55% on the same day.,Bank of America, a leading asset management and banking firm, surged by 2.33% on an intraday basis as on Tuesday.,The Bank of New York Mellon r...

CCI & CFG: Two financial sector stocks to watch

September 26, 2023 05:20 PM AEST| By Akanksha Vashisht

Summary,The S&P Financial Index beat overall market gains on Monday and rose by 0.16% by the end of trade.,Crown Castle Inc., cell tower owner and operator, reported a net income of US$455 million for Q2 2023.,Citizens Financial Group Inc., a banking...

Amalgamated Bank holds a $1.34 million stake in Berry Global Group, Inc. (NYSE:BERY).

August 03, 2023 12:15 AM AEST| By Team Kalkine Media

Amalgamated Bank, a prominent financial institution, holds a substantial stake in Berry Global Group, Inc. (,NYSE: BERY,), a leading company listed on the New York Stock Exchange (NYSE).,With a significant investment of $1.34 million in Berry Global...

Do not miss these financial sector stocks

July 21, 2023 10:41 PM AEST| By Akanksha Vashisht

Summary,The S&P 500 Financials index saw an increase of 0.69% and the S&P 500 Index fell 0.68% on July 20, 2023.,LPL Financial Holdings Inc., a brokerage company, reported a net income of US$339 million in Q1 2023.,NMI Holdings Inc., a mortgage guara...

Top 5 NYSE Financial Stocks with Potential Blast Off in July’23

July 18, 2023 09:55 PM AEST| By Team Kalkine Media

As July unfolds, investors in the financial sector are eyeing some promising,NYSE financial stocks,with the potential for a significant surge. Here are five financial stocks that have captured the attention of investors and analysts alike:,Cherry Hil...

These financial stocks may be interesting to watch amid rate hike expectations

June 27, 2023 07:37 PM AEST| By Akanksha Vashisht

Summary,The US Fed might raise interest rates again after a temporary break, which could potentially revive the financial sector.,Discover Financial Services operates a payment service and a direct banking service and has a P/E ratio of 7.78 based on...

Money in Motion: Exploring the Dynamic World of NYSE Financial Stocks

May 19, 2023 06:35 PM AEST| By Team Kalkine Media

The financial sector is a cornerstone of the global economy, providing essential services and investment opportunities. Investing in financial stocks listed on the New York Stock Exchange (NYSE) allows investors to participate in the dynamic world of...

BAC & BRK.A: Should you watch these US financial stocks in 2023?

April 14, 2023 06:38 PM AEST| By Akanksha Vashisht

Summary,Financial stocks allow investors to invest in the financial sector of a country, which is an integral moving part in the working of an economy.,Bank of America, one of US’ largest financial bodies, reported a total revenue of US$ 24.532 billi...