Here's Why Shares of First Niagara Financial Group Inc. Sank Today
First Niagara Financial has had a rough 5-year stretch. Its shares are down nearly 30%, while the S&P 500 has returned over 100%. Ill-timed acquisitions hurt the stock, and the bank's recent earnings didn't help confidence. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the bank and its outlook.
Should investors be afraid of all the big banks?
Many investors are terrified about investing in big banking stocks after the crash, but the sector has one notable stand-out. In a sea of mismanaged and dangerous peers, it rises above as "The Only Big Bank Built to Last." You can uncover the top pick that Warren Buffett loves in The Motley Fool's new report. It's free, so click here to access it now.
The article Here's Why Shares of First Niagara Financial Group Inc. Sank Today originally appeared on Fool.com.
David Hanson owns shares of PNC Financial Services. Matt Koppenheffer owns shares of PNC Financial Services. The Motley Fool owns shares of PNC Financial Services. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.