Skip to main content



) --

Cullen/Frost Bankers

(CFR) - Get Free Report

was the winner among large U.S. banks Tuesday, with shares rising 2% to close at $58.24.

The broad indexes rose amid talk of a new bailout deal for Greece, while

oil prices rose

, with a weak dollar trade and the further benefit of a pipeline shutdown by also lending support to oil was news that a U.S. oil pipeline delivering crude oil from Alberta, Canada to oil trading hub, Cushing, Okla. has been shut down by


(TRP) - Get Free Report

, because of a leak.

Natural gas futures also surged

, with summer demand expected to be strong.


KBW Bank Index


rose 1% to close at 50.10, with all 24 index components up on the day, except for

PNC Financial Services

(PNC) - Get Free Report

, which was off slightly to close at $62.42.

Large bank stocks seeing shares rise over 1% included

Bank of New York Mellon

(BK) - Get Free Report

, which closed at $28.11;

Commerce Bancshares

(CBSH) - Get Free Report

, closing at $42.78;

Fifth Third Bancorp

(FITB) - Get Free Report

, at $13.06;

Huntington Bancshares

(HBAN) - Get Free Report

, at $6.60;

JPMorgan Chase

(JPM) - Get Free Report

, at $43.24,

People's United

(PBCT) - Get Free Report

, at $13.35;

Regions Financial

(RF) - Get Free Report

, at $7.06; and

State Street

(STT) - Get Free Report

, which closed at $45.77.


Goldman Sachs Shares Rise On Upgrade >>

10 Bank Stocks Under $5 with up to 91% Upside >>

First BanCorp Inks Private Equity Deal >>

5 Bank Stocks Analysts Love >>

5 Bank Stocks Analysts Love Least>>

Investing in Lives. Or Deaths? >>


Written by Philip van Doorn in Jupiter, Fla.

To contact the writer, click here:

Philip van Doorn


To follow the writer on Twitter, go to


To submit a news tip, send an email to:


Philip W. van Doorn is a member of TheStreet's banking and finance team, commenting on industry and regulatory trends. He previously served as the senior analyst for Ratings, responsible for assigning financial strength ratings to banks and savings and loan institutions. Mr. van Doorn previously served as a loan operations officer at Riverside National Bank in Fort Pierce, Fla., and as a credit analyst at the Federal Home Loan Bank of New York, where he monitored banks in New York, New Jersey and Puerto Rico. Mr. van Doorn has additional experience in the mutual fund and computer software industries. He holds a bachelor of science in business administration from Long Island University.