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Sectors & IndustriesFinancial ServicesBanks - Diversified
Best Banks - Diversified Stocks to Buy Now (2022)
Top banks - diversified stocks in 2022 ranked by overall Zen Score. See the best banks - diversified stocks to buy now, according to analyst forecasts for the banks - diversified industry.

Industry: Banks - Diversified
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
EWBC
EAST WEST BANCORP INC
$9.52B2.18%22.90%$0.4000$1.4641%0
NTB
BANK OF NT BUTTERFIELD & SON LTD
$1.57B5.59%52.70%$0.4400$1.7683%0
HSBC
HSBC HOLDINGS PLC
$136.29B3.78%35.50%$0.9000$1.2568%9
NWG
NATWEST GROUP PLC
$31.94B5.16%41.40%$0.2039$0.2981%1
CM
CANADIAN IMPERIAL BANK OF COMMERCE
$44.27B7.53%44.10%$1.2801$3.6989%12022-06-272022-07-28
BNS
BANK OF NOVA SCOTIA
$71.19B5.17%46.70%$0.7985$3.0381%22022-07-012022-07-27
BAC
BANK OF AMERICA CORP
$260.32B2.60%22.90%$0.2100$0.8449%0
BCS
BARCLAYS PLC
$33.25B4.14%18.20%$0.2174$0.3372%7
BMO
BANK OF MONTREAL
$64.15B3.96%26.50%$1.0364$3.7871%22022-08-012022-08-26
WFC
WELLS FARGO & COMPANY
$154.49B2.21%15.50%$0.2500$0.9042%1
RY
ROYAL BANK OF CANADA
$135.25B3.78%40.70%$0.9610$3.6568%22022-07-252022-08-24
C
CITIGROUP INC
$92.94B4.26%23.80%$0.5100$2.0474%0
JPM
JPMORGAN CHASE & CO
$344.57B3.32%28.90%$1.0000$3.9062%0
SMFG
SUMITOMO MITSUI FINANCIAL GROUP INC
$41.98BN/A0.00%$0.1503N/AN/A2
TD
TORONTO DOMINION BANK
$117.18B4.11%42.30%$0.7120$2.6772%22022-07-072022-07-31
UBS
UBS GROUP AG
$62.27B1.49%8.00%$0.2500$0.2526%2
MUFG
MITSUBISHI UFJ FINANCIAL GROUP INC
$75.24BN/A29.70%$0.1130N/AN/A2
CS
CREDIT SUISSE GROUP AG
$15.29B0.89%-7.50%$0.0528$0.0513%3
NU
NU HOLDINGS LTD
$3.13BN/AN/AN/AN/AN/AN/A
INTR
INTER & CO INC
N/AN/AN/AN/AN/AN/AN/A

Banks - Diversified Stocks FAQ

What are the best banks - diversified stocks to buy right now in Jun 2022?

According to Zen Score, the 3 best banks - diversified stocks to buy right now are:

1. EAST WEST BANCORP (NASDAQ:EWBC)


EAST WEST BANCORP (NASDAQ:EWBC) is the top banks - diversified stock with a Zen Score of 59, which is 26 points higher than the banks - diversified industry average of 33. It passed 22 out of 38 due diligence checks and has strong fundamentals. EAST WEST BANCORP has seen its stock lose -7.9% over the past year, overperforming other banks - diversified stocks by 6 percentage points.

EAST WEST BANCORP has an average 1 year price target of $94.20, an upside of 40.43% from EAST WEST BANCORP's current stock price of $67.08.

EAST WEST BANCORP stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering EAST WEST BANCORP, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. BANK OF NT BUTTERFIELD & SON (NYSE:NTB)


BANK OF NT BUTTERFIELD & SON (NYSE:NTB) is the second best banks - diversified stock with a Zen Score of 54, which is 21 points higher than the banks - diversified industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. BANK OF NT BUTTERFIELD & SON has seen its stock lose -14.27% over the past year, underperforming other banks - diversified stocks by -1 percentage points.

BANK OF NT BUTTERFIELD & SON has an average 1 year price target of $39.00, an upside of 23.93% from BANK OF NT BUTTERFIELD & SON's current stock price of $31.47.

BANK OF NT BUTTERFIELD & SON stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering BANK OF NT BUTTERFIELD & SON, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. HSBC HOLDINGS (NYSE:HSBC)


HSBC HOLDINGS (NYSE:HSBC) is the third best banks - diversified stock with a Zen Score of 49, which is 16 points higher than the banks - diversified industry average of 33. It passed 18 out of 38 due diligence checks and has strong fundamentals. HSBC HOLDINGS has seen its stock return 11.63% over the past year, overperforming other banks - diversified stocks by 25 percentage points.

HSBC HOLDINGS has an average 1 year price target of $44.50, an upside of 34.73% from HSBC HOLDINGS's current stock price of $33.03.

HSBC HOLDINGS stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering HSBC HOLDINGS, 50% have issued a Strong Buy rating, 16.67% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the banks - diversified stocks with highest dividends?

Out of 16 banks - diversified stocks that have issued dividends in the past year, the 3 banks - diversified stocks with the highest dividend yields are:

1. CANADIAN IMPERIAL BANK OF COMMERCE (NYSE:CM)


CANADIAN IMPERIAL BANK OF COMMERCE (NYSE:CM) has an annual dividend yield of 7.53%, which is 4 percentage points higher than the banks - diversified industry average of 3.76%. CANADIAN IMPERIAL BANK OF COMMERCE's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. CANADIAN IMPERIAL BANK OF COMMERCE's dividend has shown consistent growth over the last 10 years.

CANADIAN IMPERIAL BANK OF COMMERCE's dividend payout ratio of 44.1% indicates that its high dividend yield is sustainable for the long-term.

2. BANK OF NT BUTTERFIELD & SON (NYSE:NTB)


BANK OF NT BUTTERFIELD & SON (NYSE:NTB) has an annual dividend yield of 5.59%, which is 2 percentage points higher than the banks - diversified industry average of 3.76%. BANK OF NT BUTTERFIELD & SON's dividend payout is stable, having never dropped by more than 10% in the last 10 years. BANK OF NT BUTTERFIELD & SON's dividend has shown consistent growth over the last 10 years.

BANK OF NT BUTTERFIELD & SON's dividend payout ratio of 52.7% indicates that its high dividend yield is sustainable for the long-term.

3. BANK OF NOVA SCOTIA (NYSE:BNS)


BANK OF NOVA SCOTIA (NYSE:BNS) has an annual dividend yield of 5.17%, which is 1 percentage points higher than the banks - diversified industry average of 3.76%. BANK OF NOVA SCOTIA's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. BANK OF NOVA SCOTIA's dividend has shown consistent growth over the last 10 years.

BANK OF NOVA SCOTIA's dividend payout ratio of 46.7% indicates that its high dividend yield is sustainable for the long-term.

Why are banks - diversified stocks up?

Banks - diversified stocks were up 2.52% in the last day, and up 1.88% over the last week. WELLS FARGO & COMPANY was the among the top gainers in the banks - diversified industry, gaining 7.55% yesterday.

Shares of banks and financial services companies are trading higher amid overall market strength as stocks look to rebound following recent weakness. Investors continue to assess the economic impact of Fed policy.

What are the most undervalued banks - diversified stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued banks - diversified stocks right now are:

1. SUMITOMO MITSUI FINANCIAL GROUP (NYSE:SMFG)


SUMITOMO MITSUI FINANCIAL GROUP (NYSE:SMFG) is the most undervalued banks - diversified stock based on WallStreetZen's Valuation Score. SUMITOMO MITSUI FINANCIAL GROUP has a valuation score of 71, which is 35 points higher than the banks - diversified industry average of 36. It passed 5 out of 7 valuation due diligence checks.

SUMITOMO MITSUI FINANCIAL GROUP's stock has dropped -12.84% in the past year. It has overperformed other stocks in the banks - diversified industry by 1 percentage points.

2. NATWEST GROUP (NYSE:NWG)


NATWEST GROUP (NYSE:NWG) is the second most undervalued banks - diversified stock based on WallStreetZen's Valuation Score. NATWEST GROUP has a valuation score of 57, which is 21 points higher than the banks - diversified industry average of 36. It passed 4 out of 7 valuation due diligence checks.

NATWEST GROUP's stock has dropped -4.79% in the past year. It has overperformed other stocks in the banks - diversified industry by 9 percentage points.

3. HSBC HOLDINGS (NYSE:HSBC)


HSBC HOLDINGS (NYSE:HSBC) is the third most undervalued banks - diversified stock based on WallStreetZen's Valuation Score. HSBC HOLDINGS has a valuation score of 57, which is 21 points higher than the banks - diversified industry average of 36. It passed 4 out of 7 valuation due diligence checks.

HSBC HOLDINGS's stock has gained 11.63% in the past year. It has overperformed other stocks in the banks - diversified industry by 25 percentage points.

Are banks - diversified stocks a good buy now?

50% of banks - diversified stocks rated by analysts are a buy right now. On average, analysts expect banks - diversified stocks to rise by 37.54% over the next year.

What is the average p/e ratio of the banks - diversified industry?

The average P/E ratio of the banks - diversified industry is 8.51x.
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