U.S. bank and thrift stocks were up around midday Monday, June 5, while the broader markets were trading lower.
The SNL U.S. Bank Index increased 0.87% to 520.29, and the SNL Thrift Index added 0.41% to 889.12. The Dow Jones Industrial Average declined 0.04% to 21,198.31, the Nasdaq composite index lost 0.17% to 6,295.22, and the S&P 500 decreased 0.12% to 2,436.18.
JPMorgan Chase & Co. rose 0.79% to $83.2932, Bank of America Corp. increased 0.73% to $22.615, Wells Fargo & Co. gained 0.53% to $52.085, and Citigroup Inc. climbed 0.80% to $61.60.
Among other price movers in the banking scene, Zions Bancorp. gained 2.24% to $41.00, Fifth Third Bancorp improved 1.44% to $23.98, and First BanCorp. advanced 3.24% to $5.41.
In the thrift space, BofI Holding Inc. climbed 1.59% to $22.67, and New York Community Bancorp Inc. rose 1.93% to $13.200, while Greene County Bancorp Inc. (MHC) lost 8.69% to $22.60.
Market prices and index values are current as of the time of publication and are subject to change.