🟢 Regional bank ETF (DPST) is trading 2.87% up on strong Q3 bank earnings

DPST is trading at $113.08 (+2.87%) as bank earnings and financial-sector rotation support regional lenders.

• Citizens Financial reported Q3 net income up 29% year over year and EPS of $1.41, up 34%.
• Regions Financial reported Q3 EPS of $0.71, above the surveyed analyst estimate of $0.67.
• After Thursday’s rebound, lower Treasury yields support regional lenders; with the broader market mixed at the stated time, bank earnings and financial-sector rotation are more relevant than a broad-market surge.