Surprisingly strong first-quarter earnings and a positive analysts meeting have given a big boost to Bankers Trust New York Corp.'s stock.

Shares closed at $70.125 on Thursday, up $1.875, as the bank built on the momentum from earlier in the week when it announced better than expected results.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.