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Stock impact report

Glacier Bancorp, FirstSun Capital Bancorp, First Interstate BancSystem, First Financial Bankshares, and F.N.B. Corporation Stocks Trade Down, What You Need To Know [Yahoo! Finance]

Glacier Bancorp, Inc. (GBCI) 
Last glacier bancorp, inc. earnings: 4/23 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: glacierbancorp.com
Company Research Source: Yahoo! Finance
January's Producer Price Index (PPI), a measure of wholesale inflation, rose 0.5% against expectations of 0.3%, with the core component jumping 0.8%. This report fuels the narrative of "sticky inflation," suggesting the Federal Reserve may have limited room to cut interest rates. Compounding these worries are growing anxieties in the credit markets. According to a Bank of America strategist, problem loans are an increasing concern that could pressure lenders. Investors are reassessing credit risk, particularly in private-credit and leveraged-loan markets, weighing on the valuations of banks sensitive to the economic cycle. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Regional Banks company Glacier Bancorp (NYSE:GBCI) fell 7.3%. Is now the time to buy Glacier Bancorp? Access our full analysis report here, it's free. Regional Banks company FirstSun Capital B Show less Read more
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