08:36 AM EDT, 04/25/2024 (MT Newswires) -- Financial stocks were falling premarket Thursday, with the Financial Select Sector SPDR Fund ( XLF ) retreating 0.3%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.9% lower, while bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) gained 0.1% recently.

Deutsche Bank ( DB ) shares rose more than 6% after the company reported higher earnings and revenue in Q1.

Barclays ( JJCTF ) shares gained 7.2% after the company reported Q1 results that exceeded analysts' estimates.

AssetMark Financial Holdings ( AMK ) shares fell 2.3% after the company said that it has signed a definitive agreement to be acquired by GTCR for $35.25 per share in cash, which represents a total equity valuation of about $2.7 billion.