09:22 AM EDT, 10/27/2025 (MT Newswires) -- Financial stocks were advancing premarket Monday, with the Financial Select Sector SPDR Fund (XLF) 0.4% higher.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 1.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1.3% lower.

Huntington Bancshares ( HBAN ) shares were down nearly 4% after the company said it has agreed to acquire Cadence Bank ( CADE ) in a 100% stock transaction that values Cadence at $7.4 billion. Shares of Cadence Bank ( CADE ) were up more than 4% pre-bell.

Bank of Hawaii ( BOH ) stock was up more than 5% after the company posted higher Q3 earnings and revenue.

Barclays ( BCS ) is re-entering the Saudi Arabian market with plans to open a new office in Riyadh next year, Bloomberg reported, citing the company's Chief Executive C.S. Venkatakrishnan. Barclays ( BCS ) shares were up more than 2% premarket.