09:18 AM EDT, 05/29/2025 (MT Newswires) -- Financial stocks were advancing pre-bell Thursday as the Financial Select Sector SPDR Fund (XLF) was up 0.2% recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was slightly higher.

Futu Holdings ( FUTU ) shares were advancing by more than 6% after the company reported higher Q1 earnings and revenue.

Hamilton Lane ( HLNE ) shares were up more than 3% after the company reported fiscal Q4 non-GAAP earnings and revenue that topped analysts' expectations.

Canadian Imperial Bank of Commerce ( CM ) shares were up almost 2% after the company reported higher fiscal Q2 adjusted earnings and revenue.