09:17 AM EDT, 03/23/2026 (MT Newswires) -- Financial stocks were rising premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 2.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 6.4% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 6.6%.

Apollo Global Management ( APO ) has agreed to acquire a 37% minority stake in medical equipment manufacturer Syntegon from CVC Capital Partners for an undisclosed sum, CVC said. Shares of Apollo Global Management ( APO ) were up more than 2% pre-bell.

Banco Macro ( BMA ) and Fintech Digital agreed to purchase all of the outstanding stock and voting rights of Banco Saenz from a trio of individual investors for $2 million plus an amount in Argentine pesos equal to shareholders' equity to be determined before closing. Banco Macro ( BMA ) shares were nearly 2% higher premarket.

Banc of California ( BANC ) said its board has extended the expiration of the company's $300 million stock repurchase program to March 16, 2027, from March 2026. Banc of California ( BANC ) shares were up more than 1% premarket.