News for River City Bank (RCBC)

River City Bank (RCBC) reports a net income of $16.2 million for the third quarter of 2024, with a GAAP EPS of $11.08.

River City Bank reports Q1 net income of $18.7 million and an increase in shareholders' equity to $435 million.

River City Bank (RCBC) declares $0.37/share quarterly dividend, in line with previous. Forward yield 0.59% Payable May 21; for shareholders of record May 7; ex-

SPDR S&P Regional Banking ETF has outperformed the broader S&P 500 Index. Learn why I reiterate my Strong Buy rating on KRE stock.

KeyCorp stock has seen a significant decline due to banking challenges and the commercial real estate downturn. Click here to read my analysis of the stock.

Banks have reemerged as a potential pain point for the investment community, as rating agencies recently embarked on a downgrade cycle in the sector.

Stakes couldn’t be higher for NVIDIA. Earnings expected to hit $2.07 (up +305% from $0.51 last year). It’s been the best performing stock in the S&P 500 this year, up +212%. If they miss the entire stock market could go down.

S&P on Monday cut ratings on Associated Banc-Corp and Valley National Bancorp on funding risks and higher reliance on brokered deposits. It also downgraded UMB Financial Corp and Comerica Bank citing deposit outflows and higher interest rates. The rating agency also cut KeyCorp's ratings on the back of constrained profitability.

S&P Global Ratings is cutting credit ratings on banks and revising the outlook for several more.