Financial institutions took some of the biggest hits during the recent stock market meltdown. Investors should realize, though, that equity growth is an important metric for this sector, and regardless of a Federal Reserve interest rate hike that may or may not happen in September, the financial stocks on our list today should see gains due to the growth in its book values.
SVB Financial Group (NASDAQ: SIVB) – $116.46
Banks
SVB Financial Group (SVB Financial) is a diversified financial services, bank holding and financial holding company. The Company operates through three segments: Global Commercial Bank, SVB Private Bank and SVB Capital. SVB Financial, through its subsidiaries and divisions, offers a range of banking and financial products and services to clients across the United States, as well as in key international entrepreneurial markets. The Company offers services in the technology, life science and healthcare, private equity and venture capital, and premium wine industries.
- Market Cap: $5,994,855,597
- Price Change (1 month): -18.8%
- Total Equity Growth Y/Y: 43.1%
- Total Equity (2014): $2,813,072,000
Goldman Sachs Group Inc. (NYSE: GS) – $179.46
Investment Banking & Brokerage Services
The Goldman Sachs Group, Inc. is a bank holding company and a financial holding company. The Company is a global investment banking, securities and investment management company that provides a range of financial services to a diversified client base that include corporations, financial institutions, Governments and individuals.
- Market Cap: $77,683,029,481
- Price Change (1 month): -13.5%
- Total Equity Growth Y/Y: 5.5%
- Total Equity (2014): $82,797,000,000
Franklin Resources Inc. (NYSE: BEN) – $39.41
Investment Management & Fund Operators
Franklin Resources, Inc. (Franklin), is a holding company and together with its various subsidiaries (collectively, the Company), is referred to as Franklin Templeton Investments, a global investment management organization offering investment management and related services under the Franklin, Templeton, Mutual Series, Bissett, Fiduciary and Darby brand names. It provides services to investment funds in jurisdictions globally, which include the United States- and non- United States-registered open-end and closed-end funds, unregistered funds, and institutional, high net-worth and separately-managed accounts.
- Market Cap: $24,190,568,523
- Price Change (1 month): -15.1%
- Total Equity Growth Y/Y: 15.0%
- Total Equity (2014): $11,584,100,000
Charles Schwab Corp. (NYSE: SCHW) – $29.55
Investment Banking & Brokerage Services
The Charles Schwab Corporation (CSC) is a savings and loan holding company. Through its subsidiaries, it engages in wealth management, securities brokerage, banking, money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services.
- Market Cap: $38,876,687,900
- Price Change (1 month): -15.1%
- Total Equity Growth Y/Y: 13.7%
- Total Equity (2014): $11,803,000,000
Wells Fargo & Co (NYSE: WFC) – $51.25
Banks
Wells Fargo & Company is a financial and bank holding company. Its principal business is to act as a holding company for its subsidiaries. The Company is a diversified financial services firm with three operating segments: Community Banking, Wholesale Banking and Wealth, and Brokerage and Retirement. The Company provides retail, commercial and corporate banking services through banking stores and offices, the Internet and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia, and in other countries.
- Market Cap: $263,084,662,485
- Price Change (1 month): -11.3%
- Total Equity Growth Y/Y: 8.4%
- Total Equity (2014): $184,394,000,000
