09:11 AM EDT, 07/22/2024 (MT Newswires) -- Financial stocks were edging higher pre-bell Monday with the Financial Select Sector SPDR Fund ( XLF ) recently advancing by 0.1%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.2% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 0.4%.

Truist Financial ( TFC ) was down 0.7% after it reported declines in Q2 adjusted earnings and revenue.

Bank of Hawaii ( BOH ) declined by 0.6% after it reported lower Q2 earnings and revenue.

Green Dot ( GDOT ) was still 1% lower after the Federal Reserve Board announced Friday a $44 million fine against the company for numerous unfair and deceptive practices, and inadequate compliance risk management.