Previous Close | 1.4000 |
Open | 1.4000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 58.00 |
Expire Date | 2024-12-20 |
Day's Range | 1.4000 - 1.4000 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Troubled regional lender New York Community Bancorp lost $327 million in the first quarter, but its stock soared as the CEO promised a 'clear path to profitability over the following two years.'
Higher deposit costs are eating into profits of regional banks. That pressure is not likely to abate anytime soon as the Fed dials back its expectations for rate cuts in 2024.
Big bank bosses are not hiding their enthusiasm about Wall Street as first quarter jumps in investment banking spur new hopes for a sustained dealmaking revival.