Cascade Financial Corp. (CASB) reported third-quarter net income available to common stockholders of $0.09 per share after the close Tuesday, compared with a net loss of $0.55 per share last year.
Cascade Financial gapped up Wednesday and has continued to rise sharply on the highest volume of the year. The stock is up 1.28 at $2.82 and has climbed to a 4-month high. The stock has also re-crossed both its 50 and 200-day moving averages.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.