Sector Update: Top Financial Stocks Mixed Pre-Market Thursday

Thursday, December 5, 2019 9:25 AM | MT Newswires

Top Financial Stocks:

JPM: +0.59%

BAC: -0.03%

WFC: +0.45%

C: +0.70%

USB: Flat

Top financial stocks were mixed pre-market Thursday.

Early movers include:

(+) Silvergate Capital (SI), which was more than 2% higher after booking a Q3 net income of $0.36 per share, higher than net income of $0.34 per share in the year-ago quarter.

(-) Canadian Imperial Bank of Commerce (CM) was down more than 1% after it reported fiscal Q4 adjusted earnings of CAD2.84 ($2.15) per share, down from CAD3.00 in the same period a year ago and missing the estimate of CAD3.06 from analysts polled by Capital IQ.

In other sector news:

(-) Toronto Dominion Bank (TD) was marginally declining after it reported fiscal Q4 adjusted earnings of CAD1.59 ($1.21) per share, down from CAD1.63 per share in the year-ago quarter and well below the consensus estimate of CAD0.74 per share from analysts surveyed by Capital IQ.

Price: 15.17, Change: , Percent Change:

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