trending Market Intelligence /marketintelligence/en/news-insights/trending/nQVl-9fIqec9fmJzXey7LQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Midday Friday: Charter Financial up after deal announcement

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Midday Friday: Charter Financial up after deal announcement

Charter Financial Corp. was up 0.85% to $18.33 during morning trading Friday, June 2, the day after the company announced it is buying Resurgens Bancorp in an all-cash deal valued at approximately $26.3 million.

Broader markets were also up around midday. The Dow Jones Industrial Average added 0.27% to 21,200.05, the S&P 500 gained 0.23% to 2,435.88, and the Nasdaq composite index added 0.68% to 6,289.52. Meanwhile, the SNL U.S. Bank Index lost 0.70% to 514.62, while the SNL U.S. Thrift Index climbed 0.09% to 886.33.

The nation's largest banks, however, were in negative territory around noon. JPMorgan Chase & Co. fell 0.98% to $82.25, Bank of America Corp. dropped 1.02% to $22.40, Wells Fargo & Co. slid 0.21% to $51.97, and Citigroup Inc. lost 0.29% to $60.90.

Among price movers, PacWest Bancorp lagged 2.29% to $46.47, SVB Financial Group dropped 1.87% to $170.20, Regions Financial Corp. declined 1.74% to $13.55, and Zions Bancorp. slipped 1.70% to $39.87. KeyCorp also retreated 1.64% to $17.37, while PNC Financial Services Group Inc. lost 1.33% to $118.53, and Citizens Financial Group Inc. shed 1.36% to $34.03.

In the thrift space, BofI Holding Inc. slipped 0.49% to $22.46, while Astoria Financial Corp. added 0.52% to $19.17.

In economic news, nonfarm payroll employment in the U.S. increased by 138,000 in May, while the unemployment rate dipped to 4.3% from 4.4% in April, according to the U.S. Bureau of Labor Statistics.

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