Notable companies
The most notable companies in this group are VISA (NYSE:V), Mastercard (NYSE:MA), American Express Company (NYSE:AXP), Capital One Financial (NYSE:COF), PayPal Holdings (NASDAQ:PYPL), Synchrony Financial (NYSE:SYF), SLM Corp (NASDAQ:SLM), Bread Financial Holdings (NYSE:BFH), LexinFintech Holdings Ltd (NASDAQ:LX), Qudian (NYSE:QD).
Industry description
A savings bank primary function is to take deposits and paying interest on those deposits. Originating in Europe during the 18th century, these banks were generally introduced to incentivize people of all stripes to save money and park them with banks. By the 1990s, the internet ushered in online savings banks that allowed savers to deposit/transact with banks digitally, without requiring to visit a branch office. Savings banks have potentially encouraged lower-income population to save and have access to a financial institution to earn interest on their money. New York Community Bancorp, Inc, Webster Financial Corporation, Washington Federal, Inc. are examples of savings banks.
Market Cap
The average market capitalization across the Savings Banks Industry is 21.16B. The market cap for tickers in the group ranges from 1.05M to 653.67B. V holds the highest valuation in this group at 653.67B. The lowest valued company is DXF at 1.05M.
High and low price notable news
The average weekly price growth across all stocks in the Savings Banks Industry was -0%. For the same Industry, the average monthly price growth was 0%, and the average quarterly price growth was 20%. MCVT experienced the highest price growth at 22%, while SEZL experienced the biggest fall at -36%.
Volume
The average weekly volume growth across all stocks in the Savings Banks Industry was -37%. For the same stocks of the Industry, the average monthly volume growth was -9% and the average quarterly volume growth was 13%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 53
P/E Growth Rating: 52
Price Growth Rating: 55
SMR Rating: 57
Profit Risk Rating: 72
Seasonality Score: -21 (-100 ... +100)