Buffett's 'clearing' of Bank of America approaches the regulatory threshold: three consecutive days of selling, cashing out $0.46 billion!
According to the latest new document submitted to the SEC, Berkshire Hathaway reduced its shareholding in Bank of America stocks for three consecutive trading days on September 25, 26, and 27, 2024, totaling 11.678 million shares, with cashing out of approximately 0.461 billion dollars. After the latest sell-off, Berkshire Hathaway currently still holds 10.3% of the shares of this second largest bank in the USA, approaching the regulatory threshold of 10%.
Fed Rate Cut Paves the Way for Banks to Exit Emergency Facility
10 Financials Stocks Whale Activity In Today's Session
Sector Update: Financial Stocks Fall Late Afternoon
Customers Bancorp Cut to Neutral From Outperform by Wedbush
Wedbush Downgrades Customers Bancorp(CUBI.US) to Hold Rating, Cuts Target Price to $53
Wedbush analyst David Chiaverini downgrades $Customers Bancorp(CUBI.US)$ to a hold rating, and adjusts the target price from $79 to $53.According to TipRanks data, the analyst has a success rate of 43
Customers Bancorp Analyst Ratings
Express News | Customers Bancorp Inc : Wedbush Cuts Target Price to $53 From $79
Smaller Banks Outshine Big Ones Post-Fed -- WSJ
Goldman Sachs: Hedge funds have been selling global equities for nine consecutive weeks, while financial stocks are regaining favor.
A report from Goldman Sachs shows that banks, insurance companies, and trading companies are once again favored by hedge funds, which have been purchasing stocks of these companies at the fastest pace since June 2023.
Fed Backpedals on Plan to Increase Big Bank Capital -- Update
KBW Maintains Customers Bancorp(CUBI.US) With Buy Rating, Maintains Target Price $63
KBW analyst Kelly Motta maintains $Customers Bancorp(CUBI.US)$ with a buy rating, and maintains the target price at $63.According to TipRanks data, the analyst has a success rate of 61.4% and a
KBW Sticks to Their Buy Rating for Customers Bancorp (CUBI)
The new capital regulations for the banking industry in the United States are expected to be significantly relaxed, signaling the arrival of an interest rate cut cycle and a potential spring for bank stocks.
According to Bloomberg, after regulators agreed to carry out comprehensive modifications to the proposed rules, the capital increase requirements for large U.S. banks are expected to decrease to 9%, a substantial discount compared to the original plan.
Customers Bancorp Bolsters Executive Team for Growth and Risk Management
Customers Bank Bolsters Executive Team With New C-suite Appointments, Sets Stage for Continued Deposit Growth, Momentum
The Total Return for Customers Bancorp (NYSE:CUBI) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years
Customers Bank's Sam Sidhu to Present at Barclays Global Financial Services Conference
KBRA Comments on Customers Bancorp, Inc., and Customers Bank Written Agreement With the Board of Governors of the Federal Reserve System
The interest rate reduction wave is coming, and bank stocks may rebound! How to seize investment opportunities?
With the expectations of a rate cut by the Federal Reserve heating up, the performance of financial stocks has begun to attract the attention of investors.