Shares of regional bank stocks are trading higher following strong earnings in the banking sector.
Portfolio Pulse from Benzinga Newsdesk
Regional bank stocks are experiencing an increase in their share prices following strong earnings reports in the banking sector.
July 19, 2023 | 5:02 pm
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POSITIVE IMPACT
Commerce Bancshares, Inc. (CBSH) shares are trading higher due to strong earnings in the banking sector.
As a regional bank, CBSH is directly impacted by the overall performance of the banking sector. Strong earnings reports from the sector have led to an increase in CBSH's share price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
PacWest Bancorp (PACW) shares are trading higher due to strong earnings in the banking sector.
As a regional bank, PACW is directly impacted by the overall performance of the banking sector. Strong earnings reports from the sector have led to an increase in PACW's share price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Zions Bancorporation (ZION) shares are trading higher due to strong earnings in the banking sector.
As a regional bank, ZION is directly impacted by the overall performance of the banking sector. Strong earnings reports from the sector have led to an increase in ZION's share price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75