Markets

Financial Sector Update for 11/18/2016: FNBC

Top Financial Shares:

JPM: +0.1%

BAC: +0.3%

WFC: -0.1%

C: +0.3%

USB: flat

Financial shares were mainly higher in pre-market trade on Friday.

In financial stocks news, First NBC Bank Holding Company's ( FNBC ) subsidiary First NBC Bank said it entered into a consent order with the Federal Deposit Insurance Corporation and the Louisiana Office of Financial Institutions under which it will be required to review its management and loan procedures and formulate strategic and capital plans.

Shares in the company were 13% lower at $7.00 following the open. The stock has traded between $4.85 and $43.52 over the past 52 weeks.

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

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

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