The Fed just put two dates on the calendar that every bank trader needs to know.

The Fed just put two dates on the calendar that every bank trader needs to know.

Two items straight from the Federal Reserve wire.

First — enforcement actions. The Fed issued formal actions against a former employee of Atlantic Union Bank and a former employee of Frost Bank. Individual-level. Not institutional. But when the Fed names names, you pay attention.

Second — and this is the bigger one. The Fed has confirmed annual bank stress test results drop Wednesday, June 24th, 4 p.m. Eastern. That's your hard timestamp. Every major bank holding company gets graded that afternoon. Capital return plans, buybacks, dividends — all of it hinges on what comes out of that release. Mark it.

Atlantic Union ticker is AUB. Cullen Frost is CFR. Stress test day moves the entire sector — XLF, KRE, the big money centers, all of it.

June 24th. 4 p.m. Eastern. Circle it twice.

Numbers don't lie. People do. Trade accordingly.