Shares of banks and other financial institutions rose ahead of earnings in the sector.

JPMorgan Chase, Goldman Sachs and other major banks are likely to report benefits from a surge in deal-making activity and resilient markets.

The parent company of First Hawaiian Bank agreed to buy mainland rival TriCo Bancshares in an all-stock transaction valued at $2.01 billion.

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

(END) Dow Jones Newswires