09:47 AM EDT, 07/13/2026 (MT Newswires) -- Financial stocks were mostly higher on Monday, with the State Street Financial Select Sector SPDR ETF (XLF) gaining by 0.7%.

The Direxion Daily Financial Bull 3X Shares (FAS) rose 2.1%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.9% lower.

First Hawaiian ( FHB ) shares traded down 6% in early trading, while TriCo Bancshares ( TCBK ) was up 9% after the companies signed a definitive agreement for First Hawaiian ( FHB ) to acquire TriCo in an all-stock transaction.

Robinhood Markets ( HOOD ) shares were down by 1% even after Rothschild & Co. Redburn lifted its price target on the stock to $76 from $70.

Arthur J. Gallagher ( AJG ) advanced 1.7% after RBC Capital raised its price target to $300 from $260.