Stock message boards
MNV
Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Top Buys by Directors: Feldstein's $2M Bet on PNC
Tuesday, August 5, 3:10 PM ET, by Market News Video Staff

The directors of a company tend to have a unique inside view into the business, ...

PNC Financial Services Enters Oversold Territory
Wednesday, August 6, 4:26 PM ET, by Market News Video Staff

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...

BB&T Enters Oversold Territory
Wednesday, August 6, 4:26 PM ET, by Market News Video Staff

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...

Notable ETF Inflow Detected - VTV, CVS, BMY, USB
Thursday, August 7, 10:50 AM ET, by Market News Video Staff

Symbols mentioned in this story: VTV, CVS, BMY, USB Exchange traded funds (ETFs) trade just ...

September 26th Options Now Available For U.S. Bancorp (USB)
Thursday, August 7, 10:55 AM ET, by Market News Video Staff

Investors in U.S. Bancorp (USB) saw new options become available today, for the September 26th ...

  More articles:  1 2 3 4 5 6 7 next »

Banks Earn $21.6 Billion in 2Q

By Market News Video Staff, Tuesday, August 31, 12:00 PM ET
Play Video: The Importance of ETFs


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

According to the FDIC, the banking industry earned $21.6 billion in the second quarter of 2010, a vast improvement from the $4.4 billion loss in the same quarter of 2009 and the highest level since 2007. However, with the good news comes the bad. The FDIC said there are now 829 troubled banks on the confidential watch list, an increase of 54 banks since the first quarter of 2010. Also troubling is the 1.4% drop in lending activity quarter over quarter, a sign that banks are still unwilling to lend money in this economy.

Despite the discouraging lending news, bank stocks and bank ETFs are rallying today. The SPDR KBW Bank ETF (AMEX:KBE) is higher by 1.2% on Tuesday, while the iShares Dow Jones US Regional Bank Index Fund (AMEX:IAT) is higher by 1.3%. Components of these ETFs faring well today include Citigroup (NYSE:C), US Bancorp (NYSE:USB) and JP Morgan (NYSE:JPM).


Top Six Most Viewed Stories This Week @ Market News Video:
Weekly Market Wrap: August 8, 2014Weekly Market Wrap: August 8, 2014
Channel: Weekly Market Wrap
Related symbols: ZNGA,SIRI,S,BAC,AAPL,GD,ADM,TWX,WAG,MON,AIG
S&P 500 Movers: M, AMZNS&P 500 Movers: M, AMZN
Channel: Large Cap Stocks
Related symbols: M,AMZN
Daily Dividend Report: UNH, LYB, PRU, STI, IPGDaily Dividend Report: UNH, LYB, PRU, STI, IPG
Channel: Daily Dividend Report
Related symbols: UNH,LYB,PRU,STI,IPG
Weekly Market Wrap: August 1, 2014Weekly Market Wrap: August 1, 2014
Channel: Weekly Market Wrap
Related symbols: BAC,SIRI,AAPL,FB,AMP,LUV,CVX,COF
Daily Dividend Report: CCI, GG, EFX, TECH, AVA, VHIDaily Dividend Report: CCI, GG, EFX, TECH, AVA, VHI
Channel: Daily Dividend Report
Related symbols: CCI,GG,EFX,TECH,AVA,VHI
Tuesday Sector Leaders: Precious Metals, Water UtilitiesTuesday Sector Leaders: Precious Metals, Water Utilities
Channel: Market Movers
Related symbols: SA,SAND,CWCO,AWK

This Article's Word Cloud:   AMEX   According   Also   Average   Bancorp   Bank   Citigroup   Components   Definition   Definitions   ETFs   FDIC   Fund   However   Industrial   Jones   Morgan   NYSE   Regional   Relevant   Stock   Tuesday   What   bank   banks   billion   comes   confidential   earned   faring   first   higher   improvement   include   lend   lending   list   news   quarter   sign   since   still   stocks   these   today   troubling   vast   watch   while   with
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Portfolio Channel Stock Market Definitions
MNV

Banks Earn $21.6 Billion in 2Q | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.