After a brutal last few trading sessions for First Republic Bank, it appears the road to recovery may be underway - as the stock is up 50% so far Tuesday. This came after the company witnessed share prices tank down to under $20 a share Monday for the first time in more than 5 [...]
Silvergate (SI) experienced an abysmal day of trading Thursday after announcing on Wednesday that its annual report is going to be delayed further than expected - after already announcing they’ll miss the deadline of March 16. The bank has had as brutal a year as one can imagine, with shares falling an astounding 96% [...]
The fourth quarter of the year was strong for JP Morgan Chase & Co. (JPM). The company exceeded analyst expectations, and even beat out its own performance in the 4th quarter last year - despite unfavorable economic conditions. The quarterly earnings came in at $3.57/share, exceeding the anticipated earnings of just $3.11/share. This was [...]
