Shares of banks and other financial institutions rose amid earnings momentum and deal activity.

Sila Realty Trust agreed to a buyout from troubled private-credit manager Blue Owl for about $2.4 billion in cash. Blue Owl's acquisition of the health-care real-estate investment firm follows a recent real-estate acquisition by private credit rival Ares Management.

UniCredit mapped out a plan to transform takeover target Commerzbank, marking Chief Executive Andrea Orcel's latest move to broker a deal and extract value from its German peer.

Among regional banks, Zions Bancorp fell in late trading after the lender posted first-quarter profit growth short of some investors' expectations.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

04-20-26 1831ET