NEW YORK (
) -- Winners among bank stocks Monday included
, which was up 3% to close at $7.10 and
( STA), which was also up 3%, closing at $30.43.
Regions made up most of the ground lost on Friday, amid market jitters from the unfolding events in Egypt, and SunTrust reached its highest level since last May.
The KBW Bank Index was up 1% to 53.00, with
First Niagara Financial Group
the two losers, each declining 1% on the day. Cullen/Frost closed at $57.78 and First Niagara closed at $13.88. First Niagara has the second-highest dividend yield among the components of the KBW Bank Index, with a quarterly payout of 16 cents, for a yield of 4.61%.
New York Community Bancorp
( NYB) has the highest dividend yield among components of the index, of 5.46%, based on a 25-cent quarterly payout and Monday's closing share price of $18.32.
Other winners on Monday as the market looked past fourth-quarter earnings included
, which was up 2% to close at $7.24,
, also up 2% to close at $4.82 and
, also up 2% and closing at $32.42.
Written by Philip van Doorn in Jupiter, Fla.
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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 TheStreet.com 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.