09:17 AM EDT, 07/30/2025 (MT Newswires) -- Financial stocks were leaning lower premarket Wednesday with the Financial Select Sector SPDR Fund (XLF) down 0.1% recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.5% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was up 0.4%.

HSBC Holdings ( HSBC ) stock was down more than 3% after the company reported a decline in H1 revenue.

Banco Santander (SAN) shares were down more than 2% after the company posted a lower Q2 revenue.

SoFi Technologies ( SOFI ) shares were nearly 8% lower after the company priced a public offering of about 71.9 million common shares at $20.85 each, for roughly $1.5 billion in expected gross proceeds.