澳洲幸运5官方开奖结果体彩网

Large Banks See Surge in Retail Investments, Deposits After SVB Collapse

woman investing on smart phone

wera Rodsawang / Getty Images

As retail customers move their deposits to larger U.S. banks to avoid tumult in regional banks, they're taking their investments with them.

Key Takeaways

  • The largest U.S. banking firms have seen a surge in retail inflows in the backdrop of tumult in regional bank shares
  • Bank of America, Charles Schwab, Citigroup are top banking stocks with retail investor buys
  • Retail customers are also moving their deposits to larger banks as regional bank worries spread

Retail investors bought financial stocks at "unprecedented" levels in the backdrop of a rout in shares of regional banks, according to investing data provider VandaTrack. Retail investors have piled almost a billion dollars in net stock investments into large banks in the last five trading days, VandaTrack's data show.

In the five days ending March 16, Bank of America (BAC) received about $232 million of retail net stock buys, Charles Schwab (SCHW) got $146 million, Citigroup (C) about $54 million and JP Morgan (JPM) netted $49 million. U.S. Bankcorp (USB) saw about $44 million in retail investment and Wells Fargo (WFC) had $41 million in stock buys.

Some of these banks were instrumental in providing a 澳洲幸运5官方开奖结果体彩网:$30 billion liquidity rescue for First Republic Bank (FRC) Thursday, and have benefitte🌸d fro♊m customers' shaken confidence in regional banks.

Bloomberg said on Monday that "too-big-to-fail" banks had seen a sharp increase in customer deposits. Bank of America was said to have taken in more than $15 billion in deposits as the dust settled on the collapse of Silicon Valley Bank and contagion had spread to other regional banks.

Inflows into Charles Schwab paint an interesting picture. The brokerage firm saw its 澳洲幸运5官方开奖结果体彩网:share price plunge and trading halted on Monday as fear spread among investors, however, it assured stockholders that 80% of its deposits sit within the FDIC insurance limits.

Do you have a news tip for Investopedia reporters? Please email us at
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. Bloomberg. "".

  2. Charles Schwab. "."

Compare Accounts
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Related Articles