RELATIVE CO-MOVEMENT
SPY-adjustedHow the members are behaving together
Group median -1.71Strongest path MTBWeakest path BKU
Observed member paths adjusted against SPY. The median is emphasized; shading marks the latest observation window.
MARKET-DISCOVERED GROUP
Regional Banks
8 of 8 members show broad activity, but direction is mixed. Treat this as shared attention—not yet a clean group trade.
Participation8 of 8100% active now
DirectionMixed21% agreement—not a clean directional move
Outside confirmation4 of 8filing-linked outsiders moving with the group
Observed history1 episode1 active sessions
01 · WHAT IS HAPPENING
The move and its drivers
02 · WHY IT MATTERS
The business context around the move
WHY THIS GROUP EXISTS
8/8 members coveredShared filing context
Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across CFG, FHN, FITB, MTB, RF, TFC.
credit / rates
“These subordinated notes qualify as Tier II capital under the regulatory capital requirements, subject to restrictions. (13) Other Borrowings The following is a summary of other borrowings at December 31, 2025 and 2024: (In thousands) 2025 2024 Notes payable $ — $ 142,763 Secured Borrowings 422,107 334,934 Other 55,859 57,106 Total other borrowings $ 477,966 $ 534,803 Notes Payable On December 12, 2022, the Company entered into a credit agreement (as amended, the “Amended and Restated Credit Agreement”) with certain unaffiliated banks.”
WTFC 10-K · 2026-02-26
credit / rates affecting interest expense
“The increase in net income for the second quarter of 2026 as compared to the same period in the prior year is primarily attributable to increased net interest income and an increase in non-interest income, partially offset by increased non-interest expense primarily due to increased salary and employee benefits expenses.”
WTFC 10-Q · 2026-08-05
restructuring
“As of the first quarter of 2025, the purchase accounting was finalized and is no longer subject to change. (8) Goodwill and Other Acquisition-Related Intangible Assets A summary of the Company’s goodwill assets by business segment is presented in the following table: (In thousands) January 1, 2025 Goodwill Acquired Impairment Loss Goodwill Adjustments December 31, 2025 Community banking $ 687,754 $ — $ — $ — $ 687,754 Specialty finance 37,193 — — 1,018 38,211 Wealth management 71,995 — — — 71,995 Total $ 796,942 $ — $ — $ 1,018 $ 797,960 The specialty finance unit’s goodwill increased $ 1.0 million in 2025 as a result of foreign currency translation adjustments related to prior Canadian acquisitions.”
WTFC 10-K · 2026-02-26
WHERE IT COULD SPREAD
4 confirming nowFiling-linked outsiders
Companies outside the group that have disclosed links to its members. Their current state is a confirmation check, not a forecast.
03 · WHO IS IN IT
Member participation
WTFCTFCRFFHNFITBCFGBKUMTB
8/8 active0 rising · 8 falling
MemberUnusual activityToday's moveRead now
WTFCWintrust Financial Corporation
Most unusual
-1.5%
Most unusualActive; direction differs
TFCTruist Financial Corporation
Elevated
-0.5%
ElevatedActive; direction differs
RFRegions Financial Corporation
Elevated
-1.4%
ElevatedActive; direction differs
FHNFirst Horizon Corporation
Elevated
-2.6%
ElevatedActive; direction differs
FITBFifth Third Bancorp
Elevated
-1.0%
ElevatedActive; direction differs
CFGCitizens Financial Group, Inc.
Elevated
-1.5%
ElevatedActive; direction differs
BKUBankUnited, Inc.
Elevated
-1.7%
ElevatedActive; direction differs
MTBM&T Bank Corporation
Elevated
-0.8%
ElevatedActive; direction differs
View exact member values
| TICKER | Company | Role now | Today | Trader interpretation |
|---|---|---|---|---|
| WTFC | Wintrust Financial Corporation | Most unusual | -1.5% | Most unusual activity in this snapshot; performance direction may differ. |
| TFC | Truist Financial Corporation | Participating | -0.5% | Active, but the group has not aligned on direction. |
| RF | Regions Financial Corporation | Participating | -1.4% | Active, but the group has not aligned on direction. |
| FHN | First Horizon Corporation | Participating | -2.6% | Active, but the group has not aligned on direction. |
| FITB | Fifth Third Bancorp | Participating | -1.0% | Active, but the group has not aligned on direction. |
| CFG | Citizens Financial Group, Inc. | Participating | -1.5% | Active, but the group has not aligned on direction. |
| BKU | BankUnited, Inc. | Participating | -1.7% | Active, but the group has not aligned on direction. |
| MTB | M&T Bank Corporation | Participating | -0.8% | Active, but the group has not aligned on direction. |
04 · HAS THIS HAPPENED BEFORE