09:18 AM EDT, 09/18/2025 (MT Newswires) -- Financial stocks were edging higher premarket Thursday, with the Financial Select Sector SPDR Fund (XLF) advancing by 0.1%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.4% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 0.1%.

Radian Group ( RDN ) shares were up more than 5% after the company said it will acquire Lloyd's specialty insurer, Inigo, for $1.7 billion in an all-cash deal, to expand its product offerings and better deploy excess capital.

Deutsche Bank ( DB ) expects higher revenue in Q3 from trading fixed income and currencies, Bloomberg reported, citing chief financial officer James von Moltke. Shares of Deutsche Bank ( DB ) were down more than 1% pre-bell.

American Express ( AXP ) shares were 0.5% higher after the company said it has updated its US consumer and business Platinum Cards, adding lifestyle and business benefits valued at more than $3,500 annually.