Trading Points: ALLY, CRCL, COIN, HOOD, SCHW & SOFI

July 21, 2025 | Premium Service | Bank earnings last week unfolded pretty much as we expected, with the stronger players in the group continuing to build on their advantages while the laggards are falling behind. Below we go through some of the highlights and also update readers on our portfolio through Friday's close.

The WGA Bank Top 10 Index is shown below. Notice that the Invesco KBW Bank ETF (KBWB) has outperformed recently as some of the small cap names have lagged the market as banks rebound from the April lows. Also, SoFi Technologies, Inc. (SOFI), which is not in either index, is still easily the best performing bank stock in our group. SOFI is too small for KBWB and was not included in the WGA Top 50 because of poor operating performance.

Ally Financial (ALLY) managed to get earnings back on track after a disappointing Q1 earnings report. Through Q2 2025, ALLY’s cost of funds has fallen by a point, part of a larger market rate rally within banks that is a function of slack loan demand.

Source: FFIEC

Want to read more?

Subscribe to theinstitutionalriskanalyst.com to keep reading this exclusive post.

Subscribe Now