ASB

Financial Sector Update for 04/22/2022: ASB, RF, AXP, XLF, FAS, FAZ

Financial stocks were slipping pre-bell Friday as the Select Financial Sector SPDR (XLF) was declining by 0.27% recently. The Direxion Daily Financial Bull 3X shares ETF (FAS) was 0.89% lower and its bearish counterpart Direxion Daily Financial Bear 3X shares (FAZ) was up by 0.74%.

Associated Banc-Corp (ASB) posted Q1 earnings of $0.47 per diluted share, down from $0.58 a year ago. Analysts polled by Capital IQ expected GAAP EPS of $0.38. Associated Banc-Corp shares were gaining more than 3% recently.

Regions Financial (RF) reported Q1 net earnings of $0.55 per diluted share, down from $0.63 a year earlier. Analysts polled by Capital IQ expected $0.47. Regions Financial shares were recently climbing past 1%.

American Express (AXP) shares were slightly higher after it reported Q1 earnings of $2.73 per diluted share, down from $2.74 a year earlier. Analysts polled by Capital IQ expected $2.45.

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

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.