09:13 AM EST, 02/25/2025 (MT Newswires) -- Financial stocks edged higher premarket Tuesday with the Financial Select Sector SPDR Fund (XLF) recently up 0.3%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.6% lower.

Bank of Montreal ( BNKD ) shares rose nearly 3% after the company reported higher fiscal Q1 adjusted earnings and revenue.

Bank of Nova Scotia ( BNS ) shares were up 0.4% after the company reported higher fiscal Q1 adjusted earnings and revenue.

KKR (KKR) is among the buyout firms interested in acquiring a stake in Starbucks' ( SBUX ) China business, Reuters reported, citing four unnamed sources. KKR shares were 0.2% higher pre-bell. Starbucks' ( SBUX ) shares were down 0.3%.