Bank stocks are on fire after a series of better-than-expected reports. The financial sector is expected to grow by 40% but will perform better than expected due to widespread strength supported by broad demand. Some takeaways from the reports are that earnings are growing at a fast pace due to increased deposits and loans, the … Read more
The financial sector is booming, including small-cap companies like Unity Bancorp. NASDAQ:UNTYBancorp pens NASDAQ: PLBCand Community Trust Bancorp NASDAQ:CTBI. The 2024 results show that consumers remain healthy, business volumes are improving, and higher, longer-term interest rates provide solid investment returns. The prices of these stocks are rising due to business trends and are likely to … Read more
Financial shares, in general, and banking stocks in particular, are not the most interesting investments. But over the last two years they have been mostly terrible. In 2023, rising interest rates led to the collapse of several small banks. For much of 2024, a regulatory cloud known as the “Basil III Finale” loomed over the … Read more