UBFO

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.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


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

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.