Markets

Financial Stocks Ending Near Session Highs; United Security Bancorp Adds 13% on Q3 Results

Top Financial Stocks

JPM +0.25%

BAC +0.58%

WFC +1.10%

C +0.36%

USB +1.19%

Financial stocks are moderately higher, with the NYSE Financial Sector Index advancing 0.9% and the S&P Financial 100 Index gaining 0.8%.

In company news, United Security Bancshares ( UBFO ) is up nearly 13% at $4.95 a share after reported unaudited consolidated Q3 earnings of $0.13 per share, up from a $0.09 per share profit during the same quarter last year.

Analyst estimates were not available for comparison.

In other sector news,

(+) PVTB, Posts Q3 net income of $0.42 per share, up from $0.27 gain in year-ago quarter and beating the Capital IQ consensus by $0.05. Net revenue largely unchanged from last year at $134.4 million, also topping forecasts by $2.4 mln.

(-) GS, Q3 revenue declines 19.5% year over year to $6.72 bln, trailing the Capital IQ consensus by around $500 mln. EPS of $2.88 matched Wall Street expectations.

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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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