Shares of banks and financial services companies are trading higher as softer oil prices have driven a decline in Treasury yields, helping ease inflation concerns and support expectations for a more favorable rate environment. The improved macro backdrop has lifted sentiment across the financial sector.

Citizens Reiterates Market Outperform on Affirm Holdings, Maintains $85 Price Target

Citizens analyst David Scharf reiterates Affirm Holdings (NASDAQ:AFRM) with a Market Outperform and maintains $85 price target.

Affirm Holdings (AFRM) Rises As Market Takes a Dip: Key Facts

Affirm Holdings (AFRM) closed at $73.55, up 2.95% on the day, outperforming the broader market decline. The company is expected to report EPS of $0.34 (up 47.83% YoY) and revenue of $1.21 billion (up 29.95% YoY). However, full-year earnings are projected to decline 66.18% YoY. AFRM trades at a Forward P/E of 38.13, significantly above its industry average of 19.75, and carries a Zacks Rank #3 (Hold) rating.

This Coinbase Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Monday

Analysts upgraded Coinbase, 4D Molecular Therapeutics, Affirm, Chime Financial and Bullish, raising ratings and price targets.

Wolfe Research Upgrades Affirm Holdings to Outperform, Announces $90 Price Target

Wolfe Research analyst Darrin Peller upgrades Affirm Holdings (NASDAQ:AFRM) from Peer Perform to Outperform and announces $90 price target.

8-K filing — Avalanche Treasury Corp (AVAT)

Filed: 2026-09-09 AccNo: 0001104659-26-106101 Size: 278 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits

Shares of banking companies are trading lower amid overall market weakness after Fed Chairman Warsh took a hawkish tone in his press conference and Q&A session after the FOMC rate hike.