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Friday's Bank Stocks: Markets mixed at the end of a positive week


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Friday's Bank Stocks: Markets mixed at the end of a positive week

Bank stocks and the broad equities indexes ended the trading day May 11 mixed, at the end of a strong week of steady gains.

The Dow Jones Industrial Average added 0.37% to 24,831.17 and the S&P 500 added 0.17% to 2,727.72. The Nasdaq Composite Index ticked down 0.03% to 7,402.88.

At the largest U.S. banks, JPMorgan Chase & Co. declined 0.38% to $113.86, Citigroup Inc. added 0.40% to $72.86, Wells Fargo & Co. decreased 0.37% to $54.45 and Bank of America Corp. increased 0.10% to $30.92.

New York Community Bancorp Inc. declined 0.34% to $11.68.

In notable movers, Oakland, Md.-based First United Corp. added 8.94% to $22.55. The company announced its earnings for the first quarter of 2018 on May 9. San Juan, Puerto Rico-based OFG Bancorp increased 2.62% to $13.70.

Tallahassee, Fla.-based Capital City Bank Group Inc. decreased 2.13% to $23.49.

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Market prices and index values are current as of the time of publication and are subject to change.