๐ **US Regional Bank Stocks Update:**
1. NY Community Bank, $NYCB: -37%
2. Valley National Bank, $VLY: -6%
3. HarborOne, $HONE: -4%
4. HomeStreet, $HMST: -4%
5. Zions Bank, $ZION: -4%
6. Comerica Bank, $CMA: -3%
7. Metropolitan Bank, $MCB: -3%
8. Citizens Financial, $CFG: -3%
9. Western Alliance, $WAL: -3%
Notably, New York Community Bank, which acquired the collapsed Signature Bank, cut its dividend by 70%. A quarterly loss of $260 million was reported, contrasting with an expected gain of $250 million. ๐ฆ๐ผ #BankStocks #FinancialMarkets