bank stocks ended the last trading month of the first quarter with mixed trades on friday as positive us inflation data lifted the broad equities market after a rough start to 2023 for regional banks and other lenders regional bank stocks have been hardhit in recent weeks on liquidity concerns after the quick failure of silicon valley bank and signature bank during the second week of march while banks have seen a flow of deposits from smaller lenders to larger institutions the latest weekly bank borrowing numbers for the us federal reserve signaled more stability in the system overall the sector has been under intense scrutiny by investors in a dramatic few weeks that saw the launch of a new backstop program by the fed as well as hearings this past week on capitol hill on what went wrong at silicon valley bank and even new regional bank regulatory proposals from president joe biden also read banks trim borrowing from the fed for second straight week in wake of svb failure also read biden calls for new rules for large regional banks also read house members focus on need for more oversight of capital and liquidity after failure of silicon valley bank also read moneymarket funds swell to record 54 trillion as savers pull money from bank deposits also read silicon valley bank depositors will get ‘all of their money’ regulators say on friday regional bank stocks continued their slide as the kbw nasdaq bank index bkx dipped 02 for a loss of about 196 for the first quarter first republic bank frc fell 09 on friday to bring its yeartodate loss to 889 as the most hardhit stock in the kbw nasdaq bank index zions bancorp zion dropped 29 on friday pacwest bancorp pacw rose 09 for the day but it’s lost 584 so far in 2023 the financial select sector spdr fund xlf rose 03 percent but remained in the negative column for the first quarter with a loss of 67 the spdr sp regional banking etf kre rose 03 on friday but is down 259 in 2023 among other bank stocks metropolitan bank holding corp mcb is rallying 211 after the parent of new yorkbased metropolitan commercial bank said it remains “well capitalized across all measures of regulatory capital” and that “liquidity remains strong” and that its exit from crypto currency deposits is almost complete the update came late thursday after the stock tumbled 276 on thursday and had plunged 54 since the recent regional banking turmoil erupted after the march 8 close banks borrowed 153 billion from the fed in the week ended march 29 down from 164 billion in the week before that according to data released thursday the numbers suggest a sign of stabilization after the collapse of silicon valley bank and signature bank earlier this month banks pivoted their borrowing to the fed’s bank term funding program btfp enacted on march 12 as fed lending from this bucket increased by 107 billion to 644 billion as of march 29 jefferies banking analyst ken usdin noted friday that rotation into the bank term funding program btfp is a sign of better pricing terms compared to the fed’s discount window “further banks can pledge government guaranteed securities for par value through the btfp versus going to the discount window and taking asset haircuts” usdin said “that said the discount window accepts a broader range of collateral including loans” while regional banks have been hardhit larger banks have been choppy in 2023 as well as economic indicators pointed to a recession jpmorgan chase  co jpm stock rose 04 on friday but it’s holding on to a 36 yeartodate loss a component of the dow jones industrial average djia  jpmorgan has also stepped in with the fed to backstop first republic bank frc  goldman sachs group inc gs rose 09 on friday while holding on to a loss of 56 in 2023 morgan stanley ms is up 04 on friday with a gain of 17 so far in 2023 citigroup inc c rose 1 on friday and is up 29 for the first quarter wells fargo  co wfc is up 05 on friday and has fallen 91 in 2023 on thursday the us federal reserve and the us treasury department fined the bank about 98 million for compliance infractions involving a providing trading tool called eximbills to an unnamed foreign bank which used the platform to process 532 million in prohibited transactions between 2010 and 2015 according to a statement from the fed another seismic change in the banking sector this quarter was the shotgun marriage of ubs group ag ubs and credit suisse cs  uslisted shares of ubs rose 29 on friday adding to a 13 gain for the year while credit suisse rose 3 while holding on to a 70 loss in 2023 also read wall street bonuses fall more sharply than in any year since 2008 policy makers mull the economic impact