Bank stocks rose Wednesday as investors anticipated less regulation in the sector following Donald Trump’s projected victory. Citigroup gained 8% in premarket trading, while Bank of America, Wells Fargo, and Goldman Sachs saw similar rises. Trump's lead over Kamala Harris has fueled expectations that GOP-led deregulation will benefit financial stocks. Bank stocks may benefit under GOP-led deregulation, with potential reductions in Consumer Financial Protection Bureau oversight and eased regulations on capital requirements and crypto policies. However, analyst Jaret Seiberg warns of inflation risks from Trump’s tariff and deportation plans.