Why Regional Bank Stocks Could Outperform Larger Banks in 2020 [The Motley Fool]
People's United Financial, Inc. (PBCT)
Last people's united financial, inc. earnings: 4/23 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
peoples.com/peoples/footer/about-people's-united/investor-relations
Company Research
Source: The Motley Fool
Why Regional Bank Stocks Could Outperform Larger Banks in 2020 Regional banks are looking at potentially better margins and enhanced regulatory relief. The KRE, an exchange-traded fund tied to the SPDR S&P Regional Banking Index, saw a roughly 24.5% gain in 2019, certainly no slouch of a performance. But the ETF failed to beat out the S&P 500 , which posted more than a 28% return in 2019, or The KBW Index, a benchmark index of 24 of the largest banks stocks in the country, which generated a 30% return. The KBW and KRE do share some of the same holdings, particularly the largest of regional bank stocks. But none of those large regionals could keep up with the performances of the largest players. Bank of America ( NYSE:BAC ) , JPMorgan Chase ( NYSE:JPM ) , and Citigroup ( NYSE:C ) all posted massive returns of 40% or higher, with Citigroup just shy of a 50% return. Although the impact of coronavirus and the Federal Reserve's recent interest rate cut has certainly dampened the outlook
Show less
Read more
Impact Snapshot
Event Time:
PBCT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PBCT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PBCT alerts
High impacting People's United Financial, Inc. news events
Weekly update
A roundup of the hottest topics