First Trust NASDAQ ABA Community Bank Index Fund News
Community Banks Feeling Share Price Pressure as Overexposure to CRE Loans Grows
The FDIC Quarterly Banking Profile for the first quarter continues to show increasing loan exposures to commercial real estate lending including construction and development loans.
Home Construction, and Regional and Community Bank ETFs Reflect a Healthy Housing Market
The exchange-traded funds for home construction, and regional and community banks are in bull market territory since their post-election lows.
Home Construction ETF Is Overbought, While Two Banking ETFs Have Negative Weekly Charts
The exchange-traded funds for regional and community banks, and home construction began April in bull market territory since the election, but the bank ETFs are down year to date.
Community Banks' Increasing Real Estate Loans Exposure Problematic
The FDIC Quarterly Banking Profile for the fourth quarter of 2016 shows increasing exposures to construction and development loans, which are potential problems for these 14 community banks.
Momentum Slows for Banking ETFs, Home Construction ETF Sets Multiyear High
The exchange-traded funds for community and regional banks are lagging home construction year to date, but the banking ETFs are outperforming since the election.
Disney Fans Angry, Excited About New Guardians of the Galaxy Ride
The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.
Aurora Cannabis Slashing Weed Capacity in Profitability Push
Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.
Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion
Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.