Inactive · established relationshipLatest completed snapshot · 12:32 ET

MARKET-DISCOVERED GROUP

Banks and Insurers

THE TRADER READBroad price confirmation, weak flow alignment

6 of 6 measured members are falling. Capital-flow agreement is 22%, so the basket is not yet clean.

Price breadth6 of 6 fallingRelative median unavailable

Capital-flow alignment22%Price breadth is not yet confirmed by flow

Activity nowCalmActivity score 0/100 · lift 0.8×

Evidence depth1 episodeLow sample—context, not a validated playbook

EVIDENCE CLOCK

What happened, in timestamp order

0 timed events

TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

No session event has enough timestamp precision to place on the clock.

2 earlier filing context receipts

TUE, FEB 24HOPE filing documented shared operating contextcredit / rates affecting interest expense · date precision only

WED, AUG 19AX filing documented shared operating contextcredit / rates affecting interest expense · date precision only

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations

Price sequence unavailableA timestamped price sequence is unavailable.

RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast

WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

4/6 members covered

Moderate filing support: the strongest shared 10-Q/K relation is credit / rates affecting interest expense on interest expense across AX, BANR, EFSC, HOPE.

credit / rates affecting interest expense

“Comparison of 2025 with 2024 The decrease in interest expense on total deposits of $38.2 million, or 8%, for 2025 compared with 2024 was due to a lower cost of interest bearing deposits, and a lower average balance and rate on FHLB and FRB borrowings.”
HOPE 10-K · 2026-02-25

credit / rates

“These outflows were partially offset by proceeds from FRB borrowings and FHLB advances.”
HOPE 10-K · 2026-02-25

demand / volume

“A substantial reduction in mortgage purchasing activity by the GSEs could result in a material decrease in the availability of residential mortgage loans and the number of qualified borrowers, which in turn may lead to increased volatility in the residential housing market, including a decrease in demand for residential housing and a corresponding drop in the value of real property that secures current residential mortgage loans, as well as a significant increase in interest rates.”
AX 10-K · 2026-08-20

CONFIRMATION NETWORK

Outsiders and cross-asset links

5 outsiders confirming

No qualified cross-asset lead/lag link is available for this group.

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

BANCMoving with group

HOPE · text peer

BHRBMoving with group

HOPE · text peer

ABCBMoving with group

AX · text peer

UCBMoving with group

EFSC · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately

HOPEEFSCOZKAXBANRTOWN

5/6 active0 rising · 6 falling

MemberUnusual activityToday's moveRead now

HOPEHope Bancorp, Inc.

Most unusual · 100/100

-1.6%

Flow divergenceActive in 100% of observed group sessions

EFSCEnterprise Financial Services Corp

Elevated · 42/100

-1.4%

Flow divergenceActive in 50% of observed group sessions

OZKBank OZK

Elevated · 36/100

-1.0%

Flow divergenceActive in 100% of observed group sessions

AXAxos Financial, Inc.

Participating · 17/100

-1.4%

Flow divergenceActive in 50% of observed group sessions

BANRBanner Corporation

Participating · 1/100

-1.1%

Active; unclassifiedActive in 0% of observed group sessions

TOWNTowneBank

Quiet · 0/100

-0.8%

Watch / laggardActive in 100% of observed group sessions

View exact member values

TICKER	Company	Role now	Today	Observed history	Trader interpretation
HOPE	Hope Bancorp, Inc.	Most unusual	-1.6%	100% of 2 sessions	Most unusual activity in this snapshot; performance direction may differ.
EFSC	Enterprise Financial Services Corp	Participating	-1.4%	50% of 2 sessions	Price participation with distributing signed flow.
OZK	Bank OZK	Participating	-1.0%	100% of 2 sessions	Price participation with distributing signed flow.
AX	Axos Financial, Inc.	Participating	-1.4%	50% of 2 sessions	Price participation with distributing signed flow.
BANR	Banner Corporation	Participating	-1.1%	0% of 2 sessions	Price participation is not yet confirmed by per-name flow.
TOWN	TowneBank	Quiet / lagging	-0.8%	100% of 2 sessions	Not participating yet; a breadth test or a genuine divergence.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome

POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

Low structural sample

One continuous episode spans 2 active sessions; the independent episode sample remains low—context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support14 daysHow often the cohort identity was observed

Completed episodes1Separate periods of broad group activity

Active sessions2Completed session observations, not trades

2026-09-21 → 2026-09-222 active sessions42.9% composition consistency through the episode

MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS

HOPE100% · 1 episode

OZK100% · 1 episode

TOWN100% · 1 episode

AX50% · 1 episode

EFSC50% · 1 episode

BANR0% · 0 episodes