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0 0.00181869849389027 -5.6834327934182E-05 -0.00926399545325374 -0.00602443876101166 -0.00426257459505541 -0.00198920147769266 0.00511508951406637
Stock impact report

Small Banks Primed for Big Gains on Curve Steepening [Yahoo! Finance Canada]

Meta Financial Group, Inc. (CASH) 
Last meta financial group, inc. earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: metafinancialgroup.com/investor-overview
rally — and investors see the momentum continuing even if the overall rotation fizzles out. The S&P Regional Bank Select Index, home to lenders like Pathward Financial Inc. and Metropolitan Bank Holding Corp., is on track to outperform the S&P 500 Index for a third consecutive month, the longest winning streak since 2022. The group's valuation multiples are still sitting below their long-term average, leaving the door open to more gains if profits come in strong. Some 10% of the members of the regional bank index are set to disclose their results in the next two days. Most Read from Bloomberg There are other factors that give investors confidence. The US economy is humming along, reducing the relative appeal of bigger lenders with sturdier balance sheets, say strategists at 22V Research, who are overweight small-cap banks. A steepening of the yield curve and an expected pick-up in dealmaking activity should also bode well for the sector. “Regional banks are probably the cheape Show less Read more
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