Quarterly updates from regional lenders produced uneven reactions, with Jefferies Financial Group and Zions Bancorp citing continued net-interest-margin compression while peers met cautious expectations. Trading and investment-banking lines remained subdued, and funding costs elevated as deposits repriced higher. Credit quality held broadly stable, yet management teams guided conservatively on loan growth. Analysts highlighted cost control and fee diversification as near-term supports, while the interest-rate path remains the key variable for profitability. Share moves reflected dispersion in balance-sheet mix, deposit betas, and securities portfolio duration risk.