5 U.S. Financial Stocks That Should Do Well Even Without The Fed
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
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