Sector Update: Financial Shares Higher Pre-Market

By
A A A

Top Financial Shares:

JPM: +0.17%

BAC: +0.85%

WFC: -0.35%

C: +0.34%

USB: -0.27%

Financial shares are higher in today's pre-market session recovering from yesterday's losses.

In financial stocks news, JPMorgan ( JPM ) shares are up 1% as it reports Q4 earnings of $1.30 per share, down from $1.39 per share in the year ago quarter. Adjusted for items, earnings would have $1.40 per share, vs. $1.35 per share last year. Revenue was $24.1 bln, down 1% vs. the prior year and ahead of expectations of $23.2 bln. The analyst consensus on a normalized basis for earnings was $1.34 per share while the GAAP estimate was $1.24 per share.

And, Commerce Bancshares, Inc. ( CBSH ) reports earnings of $0.69 per share for Q4 2013 compared to $0.69 per share in Q4 2012. That's short of the $0.71 per share in earnings the Street expected, if comparable.

CBSH is flat in pre-market, having closed down 0.4% yesterday. It's trading in a 52-week range of $44.80 to $45.39.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: CBSH , JPM

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

100%
76%

Most Active by Volume

139,392,686
  • $5.41 ▼ 18.52%
108,086,733
  • $17.04 ▲ 1.61%
88,411,032
  • $42.085 ▼ 1.19%
35,897,863
  • $101.79 ▲ 0.21%
34,635,836
  • $46.68 ▲ 0.34%
31,162,075
  • $4.36 ▲ 12.37%
31,086,421
  • $26.21 ▲ 0.61%
30,930,862
  • $17.09 ▼ 2.95%
As of 9/18/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com