Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender
Published . Updated .
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This report is about banks and retail and consumer goods.
Directly affected
- No company is named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR-3.1% 30d
Financial Select Sector SPDR: it holds banks. Linked by “lender” (banks) in this story.
- KRE SPDR S&P Regional Banking ETF-4.7% 30d
SPDR S&P Regional Banking ETF: it holds banks. Linked by “lender” (banks) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds retailers. Linked by “retail” (retail and consumer goods) in this story.
- WMT Walmart+16.0% 30d
Walmart (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
- AMZN Amazon.com-3.6% 30d
Amazon.com (catalog and mail-order houses): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
- JPM JPMorgan Chase+0.2% 30d
JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “lender” (banks) in this story.
- COST Costco Wholesale+15.7% 30d
Costco Wholesale (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
- BAC Bank of America-11.5% 30d
Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “lender” (banks) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLF | -2.88% | -1.05% | base | -0.29% | after close | after close | after close |
| KRE | -1.58% | -1.17% | base | -0.05% | after close | after close | after close |
| XRT | -3.55% | -1.68% | base | -1.00% | after close | after close | after close |
| WMT | -6.59% | -5.06% | base | -1.83% | after close | after close | after close |
| AMZN | +3.01% | -0.81% | base | +0.42% | after close | after close | after close |
| JPM | -1.44% | +0.85% | base | -0.73% | after close | after close | after close |
| COST | -4.67% | -4.31% | base | -1.83% | after close | after close | after close |
| BAC | +2.23% | +3.18% | base | +0.60% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender HousingWire
Source: HousingWire
The price since 3 Nov 2026: Select Sector Spdr Tr (XLF) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Amazon Com (AMZN) | that day | +0.42% | still updating |
| Amazon Com (AMZN) | three days earlier | -0.81% | final price |
| Amazon Com (AMZN) | five days earlier | +3.01% | final price |
| Bank Of America (BAC) | that day | +0.60% | still updating |
| Bank Of America (BAC) | three days earlier | +3.18% | final price |
| Bank Of America (BAC) | five days earlier | +2.23% | final price |
| Costco Wholesale (COST) | that day | -1.83% | still updating |
| Costco Wholesale (COST) | three days earlier | -4.31% | final price |
| Costco Wholesale (COST) | five days earlier | -4.67% | final price |
| Jpmorgan Chase (JPM) | that day | -0.73% | still updating |
| Jpmorgan Chase (JPM) | three days earlier | +0.85% | final price |
| Jpmorgan Chase (JPM) | five days earlier | -1.44% | final price |
| Spdr Series Trust (KRE) | that day | -0.05% | still updating |
| Spdr Series Trust (KRE) | three days earlier | -1.17% | final price |
| Spdr Series Trust (KRE) | five days earlier | -1.58% | final price |
| Walmart (WMT) | that day | -1.83% | still updating |
| Walmart (WMT) | three days earlier | -5.06% | final price |
| Walmart (WMT) | five days earlier | -6.59% | final price |
| Select Sector Spdr Tr (XLF) | that day | -0.29% | still updating |
| Select Sector Spdr Tr (XLF) | three days earlier | -1.05% | final price |
| Select Sector Spdr Tr (XLF) | five days earlier | -2.88% | final price |
| Spdr Series Trust (XRT) | that day | -1.00% | still updating |
| Spdr Series Trust (XRT) | three days earlier | -1.68% | final price |
| Spdr Series Trust (XRT) | five days earlier | -3.55% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 32 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 36 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN), worth $15,001 - $50,000 on 27 Oct 2026. That is 7 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN) (held by a spouse), worth $100,001 - $250,000 on 2 Oct 2026. That is 32 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 67 days before publication. Filed 14 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 60 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 60 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 68 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 21 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 32 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLF)
Companies mentioned with this story
- XLF Select Sector Spdr Tr
Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender.” Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “lender” (banks) in this story
- KRE Spdr Series Trust
Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender.” Reason on file: SPDR S&P Regional Banking ETF: it holds banks. Linked by “lender” (banks) in this story
- XRT Spdr Series Trust
In “Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Retail ETF: it holds retailers. Linked by “retail” (retail and consumer goods) in this story
- WMT Walmart
In “Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story
- AMZN Amazon Com
Amazon Com (AMZN) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender.” Reason on file: Amazon.com (catalog and mail-order houses): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story
- JPM Jpmorgan Chase
For “Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “lender” (banks) in this story
- COST Costco Wholesale
In “Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story
- BAC Bank Of America
In “Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “lender” (banks) in this story
Select Sector Spdr Tr (XLF)
On 3 Nov 2026, “Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender” is the story that connects Select Sector Spdr Tr (XLF) to this story.
What ties Select Sector Spdr Tr (XLF) to the headline is this: Financial Select Sector SPDR: it holds banks. Linked by “lender” (banks) in this story
Spdr Series Trust (KRE) is here too. Its reason reads: SPDR S&P Regional Banking ETF: it holds banks. Linked by “lender” (banks) in this story
Dates and price levels for Select Sector Spdr Tr (XLF)
KRE traded between 67.80 and 71.93 across 20 sessions. The latest close on file is 70.61. XLF traded between 52.82 and 56.03 across 20 sessions. The latest close on file is 55.07.
How strong the case is around Select Sector Spdr Tr (XLF)
46 out of 100Price not final
“Exclusive: Victor Ciardelli on merger of Rate, Compass JVs into top-10 retail lender” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.