Previous Close | 65.65 |
Open | 66.14 |
Bid | 0.00 x 1800 |
Ask | 0.00 x 1300 |
Day's Range | 66.13 - 66.71 |
52 Week Range | 56.09 - 78.81 |
Volume | |
Avg. Volume | 7,247,183 |
Net Assets | 3.17B |
NAV | 63.78 |
PE Ratio (TTM) | N/A |
Yield | 2.43% |
YTD Daily Total Return | -10.25% |
Beta (5Y Monthly) | 1.27 |
Expense Ratio (net) | 0.35% |
Inception Date | 2006-06-19 |
The prevailing wisdom is that larger lenders with diversified revenue streams are better able to ride out a downturn, but small banks' stocks do better.
Mid-cap financials tend to be overlooked relative to large-cap counterparts, but strong relative performance suggests that this is a segment to watch.
Jon Curran, senior bank analyst and portfolio manager at abrdn, joins Yahoo Finance Live to discuss three inflection points for the financial sector, fourth-quarter earnings for Goldman Sachs, and the outlook for banks in 2022.