09:22 AM EST, 02/26/2025 (MT Newswires) -- Financial stocks were edging higher pre-bell Wednesday as the Financial Select Sector SPDR Fund (XLF) was marginally advancing recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was flat.

Lemonade (LMND) shares declined by over 14% after the company issued Q1 and 2025 revenue outlook below analysts' expectations.

Blackstone Secured Lending Fund ( BXSL ) shares were 0.7% lower after the company reported a decline in Q4 earnings.

NatWest Group ( NWG ) is working on a significant risk transfer tied to a portfolio of leveraged loans totaling almost 1 billion British pounds ($1.3 billion), Bloomberg reported, citing people with knowledge of the matter. NatWest Group ( NWG ) shares were down 0.3% premarket.