Quarterly profit was $379 million at Pinnacle, while deposits rose 2% to $103 billion.
Published . Updated .
Quarterly profit was $379 million at Pinnacle, while deposits rose 2% to $103 billion. Stock Titan
Directly affected
- No company is named in this report.
Indirectly affected
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- WFC Wells Fargo
Bank profits move with lending and interest rates
- C Citigroup
Bank profits move with lending and interest rates
- GS Goldman Sachs
Bank profits move with lending and interest rates
- MS Morgan Stanley
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
- KBE SPDR S&P Bank
A fund of bank stocks
- KRE SPDR S&P Regional Banking
Regional banks are sensitive to deposits and rates
Price reaction, T-5 to T+3
Quarterly profit was $379 million at Pinnacle, while deposits rose 2% to $103 billion. Stock Titan
Source: Stock Titan
This story
12 out of 100
“Quarterly profit was $379 million at Pinnacle, while deposits rose 2% to $103 billion.” scores 12 out of 100. The score uses 1 sources.