Regional bank stocks hold steady after mixed Q1 earnings

Earnings
โดย StockStory·Read original
Summary · why it matters

The 91 regional bank stocks tracked by StockStory reported a slower first quarter, with revenues in line with analyst consensus. Share prices have held steady, rising 4.9% on average since the latest earnings results. Among the group, UMB Financial posted the biggest analyst estimate beat with revenues of $744.8 million, up 29.3% year on year, while BankUnited was the weakest performer with revenues of $273.8 million, up 6.1% year on year, falling short of expectations by 5.1%. First Commonwealth Financial reported revenues of $133.7 million, up 12.8% year on year, but missed EPS and net interest income estimates.

Impact on stocks 5

Financials± Mixed · 5 stocks
BankUnited Inc
BKU
▼ NegativeCapitalrelevance

BankUnited missed revenue expectations by 5.1%, making it the weakest performer among the group.