Financials Down Amid Mixed Earnings - Financials Roundup

Published: 2026-04-16 17:10:32 ET BK

Published on 04/16/2026 at 05:10 pm EDT

Shares of banks and other financial institutions ticked down amid mixed earnings.

Charles Schwab shares fell amid concerns that the surge in trading activity that buoyed its quarterly profit could subside.

Custodial bank Bank of New York Mellon reported higher first-quarter profit as its chief executive said that there was cause for optimism about the economy and markets despite the conflict in the Middle East.

Write to Rob Curran at [email protected]

(END) Dow Jones Newswires

04-16-26 1709ET