Banks serve as the backbone of the economy, facilitating lending, deposits, and financial services that keep businesses and consumers moving forward. But worries about an economic slowdown and potential credit deterioration have kept sentiment in check,
and over the past six months, the banking industry has tumbled by 1.7%. This performance was disappointing since the S&P 500 climbed 4.5%.
Regional banking company Origin Bancorp (NYSE:OBK) announced better-than-expected revenue in Q1 CY2025, with sales up 3.8% year on year to $94.06 million. Its non-GAAP profit of $0.77 per share was 11.9% above analysts’ consensus estimates.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
Companies Reporting Before The Bell • Deutsche Bank (NYSE:DB) is estimated to report quarterly earnings at $0.52 per share on revenue of $7.65 billion.
Companies Reporting Before The Bell • Freeport-McMoRan (NYSE:FCX) is estimated to report quarterly earnings at $0.22 per share on revenue of $5.86 billion.
