09:28 AM EST, 03/05/2024 (MT Newswires) -- Financial stocks were slipping pre-bell Tuesday with the Financial Select Sector SPDR Fund ( XLF ) recently declining by 0.4%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.9% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.9% higher.

Hamilton Lane ( HLNE ) was over 5% lower after it priced an underwritten public offering of 1.9 million shares of class A common stock by the company and a selling stockholder for gross proceeds of about $210 million.

Paymentus Holdings' ( PAY ) was rallying past 27% after the company reported earnings that more than doubled from a year ago following a surge in revenue.

Landmark Bancorp ( LARK ) said it has appointed Abigail Wendel as president and chief executive officer of the company and its Landmark National Bank unit, starting March 29. Landmark Bancorp ( LARK ) was up more than 2% in recent premarket activity.