Foreign shares of the banking sector
In 2008 and 2009, the US mortgage system collapsed. It hit the banks. Some financial institutions were forced to withdraw, while others cut dividends in order to survive. Compared to this crisis a decade ago, today investors have a calm time. Stock indices are growing every year, and consumer spending indicators are strengthening.
The banking industry has recovered – “healthy” companies have absorbed distressed competitors and expanded. Now, in most cases, banking sector shares give the right even to greater dividends than before. Great time to analyze them..
[Note: Stock prices and indicators in the article are indicated at the time of publication. You can see the current stock prices in a special widget at the end of the text. Before buying stocks, always do your own analysis. Investing money carries the risk of losing it. This article was published for review, not a call to purchase.]
1. JPMorgan Chase & Co. [NYSE: JPM]
• Dividend income: 3.00%
• Stock Price: $ 106.65
During the financial crisis of 2008, one of the strongest American banks took over the wreckage of investment giant Bear Stearns (the world’s largest investment bank). These bold steps have paid off worthily. JPM is the largest in the United States in terms of both market capitalization and total assets.
After that, in 2009, the Federal Reserve obliged JPM to reduce dividend payments from $ 0.38 to $ 0.05, but the company returned them to their previous level in 2013. Now the dividend has reached 3.00%.
2. Wells Fargo & Co. [NYSE 
WFC]
• Dividend income: 3.32%
• Stock Price: $ 51.83
Over the past ten years, many banking sector stocks have been marginalized. Like JPM, Well Fargo & Co. used this moment for absorption. Now WFC is the No. 2 bank in the United States in terms of assets. After an aggressive return to the mortgage market, for some time it was the source of 40% of all mortgage loans.
But in recent years, Wells Fargo has often earned unflattering headlines in the media. The reason is opening fake accounts in customer names.
3. UBS Group [NYSE UBS]
• Dividend income: 4.82%
• Stock Price: $ 13.46
Swiss UBS Group is a European giant with a capitalization of $ 50 billion, founded more than 150 years ago. The bank provides private services and has an extensive history of investment services. He earned a good reputation for managing the wealth of famous families. According to some reports, half of the world’s billionaires are UBS clients.
Now the company is showing results in the investment business that are close to the best in its entire history. In addition, UBS is located on neutral Swiss territory, provides high privacy and flexibility for investors..
4. HSBC Holdings [NYSE Hsbc]
• Dividend income: 6.11%
• Stock Price: $ 41.74
HSBC is headquartered in London, but the bank operates worldwide and is one of the ten largest financial institutions in the world. Its offices are located in 70 countries and serve 38 million customers. HSBC’s activities are diversified. The bank offers money management, private and commercial services..
5. Huntington Bancshares [NASDAQ: HBAN]
• Dividend income: 3.87 %%
• Stock Price: $ 14.47
This regional bank provides one of the best dividend payments among US financial institutions. Huntington Bancshares operates primarily in the Midwest and has a market capitalization of $ 15 billion. The status of a small bank gives the company some advantages over giants. She is more engaged in her direct activities and her operations are less speculative.
In addition, medium-sized banks receive less attention from state supervisory authorities. In part, this means that HBAN and the shares of the same banks are slightly less risky..
6. U.S. Bancorp [NYSE: USB]
• Dividend income: 2.77%
• Stock Price: $ 53.52
USB is a stable regional bank, which is several times larger than some of the competitors listed. Total market capitalization of U.S. Bancorp is $ 86 billion. This is close to the status of a large bank, if we take into account the size of assets and the number of customers.
USB is a kind of middle ground. This is not too big a company under the control of regulators, but not too small to depend heavily on a small number of customers.
7. Morgan Stanley [NYSE:? MS]
• Dividend income: 2.79%
• Stock Price: $ 43.08
Shares of the banking sector can not do without this. Morgan Stanley is an investment bank with offices in 40 countries and a market capitalization of $ 74 billion. MS is a powerful brand and a great authority on Wall Street..
Due to the high level of expertise, Morgan Stanley is a desirable partner in investment transactions. He accompanied Facebook on his IPO in 2012..
8. Discover Financial Services [NYSE: DFS]
• Dividend income: 2.34%
• Stock Price: $ 68.51
DFS is not a traditional banking stock. The company bought Diners Club (a credit company) in 2008 and began to issue credit cards. It competes with American Express, Master Card and VISA in the US card market, but, unlike the last two, it releases them through its own bank. Now it is the fourth largest issuer by the number of active credit cards, already bypassing American Express.
One of the factors of Discover’s growth was the fact that the company went beyond consumer lending. DFS Serves Deposits, Student and Mortgages.
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Why is JPMorgan Chase Co. listed on the New York Stock Exchange (NYSE)?
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