Regional bank stocks are sliding as Federal Reserve Chairman Jerome Powell downplays the chances of a rate cut in March. Goldman Sachs notes exhaustively low sentiment in regional bank stocks. NYCB stock has dropped almost 10% and crashed 7% to a new 23-year low. DataTrek warns that regional bank stocks look very risky, with barely growing dividend payouts since 2006. NYCB's share price collapse raises concerns about a potential run on the bank, and the stock is down 25% with $116 billion in assets, extending a $4.5 billion stock rout to its lowest level since 1997.
NYCB Extends $4.5 Billion Stock Rout to Lowest Level Since 1997 https://t.co/TQLADEuoll
Don't look now $NYCB down 25% today with $116 billion in assets $KRE https://t.co/2kzcp2OLO0
Don't look now $NYCB down 25% today with $116 billion in assets https://t.co/3Y7T5Ai4Rl
NYCB -25%
Will $NYCB's share price collapse most likely cause a run on the bank?
NYCB Drop Highlights That Regional-Bank Stocks Are Poor Investments https://t.co/XMDghJJr9a
Regional bank stocks look ‘very risky’, says DataTrek https://t.co/GK2DqNubSk
Regional bank stocks look ‘very risky’ after ‘barely’ growing dividend payouts since 2006 https://t.co/roCm5ha49b
$NYCB down almost 10% this morning https://t.co/CQHBBhJ3Bc
NYCB crashes 7% to new 23 year low.
Regional bank stocks struggling over the last year plus. If you’re using a small cap value strategy, how these do determine a big part of your returns going forward. https://t.co/1q6Jcq4iRZ
Regional bank sentiment is becoming exhaustively low, according to Goldman $KRE https://t.co/IJJohth9om
Regional-bank stocks slide as Powell plays down chances of March rate hike https://t.co/yfzRUvkxIa
Regional-bank stocks continue to slide as Fed’s Powell plays down chances of March rate cut https://t.co/MFotiumAVn