5 Value Stocks To Watch In The Financial Services Sector

Understanding Value Stocks

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.

The following stocks are considered to be notable value stocks in the financial services sector:

1. Independent Bank IBCP - P/E: 8.93
2. First United FUNC - P/E: 7.9
3. Main Street Capital MAIN - P/E: 8.75
4. SB Finl Gr SBFG - P/E: 9.03
5. First Citizens BancShares FCNCA - P/E: 1.83

Most recently, Independent Bank reported earnings per share at $0.83, whereas in Q2 earnings per share sat at $0.7. The company's most recent dividend yield sits at 5.05%, which has decreased by 0.02% from 5.07% last quarter.

Most recently, First United reported earnings per share at $0.67, whereas in Q2 earnings per share sat at $0.66. Its most recent dividend yield is at 4.41%, which has decreased by 0.53% from 4.94% in the previous quarter.

This quarter, Main Street Capital experienced a decrease in earnings per share, which was $1.12 in Q2 and is now $1.04. Most recently, the company reported a dividend yield of 7.55%, which has ('', 'not changed') by 0.0% from last quarter's yield of 7.55%.

Most recently, SB Finl Gr reported earnings per share at $0.4, whereas in Q2 earnings per share sat at $0.45. Its most recent dividend yield is at 4.22%, which has increased by 0.37% from 3.85% in the previous quarter.

First Citizens BancShares saw an increase in earnings per share from 52.6 in Q2 to $55.92 now. Its most recent dividend yield is at 0.5%, which has increased by 0.28% from 0.22% in the previous quarter.

These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.