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Tuesday, February 24, 2009

Bank Stocks 2/24/09 February 24, 2009

Today, 2/24/09, the bank stocks are going up in pre market after a fair day yesterday and in hopes President Obama will say something positive tonight in the State of the Union Address.

Banking Stock Update - February 24, 2009 - Pre Market

JP Morgan - JPM - $20.70 Up 6.10 - J.P. Morgan cuts dividend to save $5 billion a year. Bank says first quarter 'solidly profitable,' outlook in line with estimates.

Bank of America - BAC - $4.15 Up 6.14% - Thain Ordered To Provide More Testimony To NY AG

Citigroup - C - $2.26 Up 5.61% - A 3rd Rescue Would Give U.S. 40% of Citigroup

Fifth Third Bancorp - FITB - $1.40 Up 12.90% - Fifth Third Bank Excels in Customer Satisfaction Survey of Largest U.S. Retail Banks

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