Equities / Sectors / Financial Services

Financial Services

#2 by market cap

Banks, insurers, asset managers, exchanges and payment networks. 570 US-listed equities across 15 industries; the sector accounts for 11.4% of tracked equity market cap and 8.2% of daily volume.

Market cap

$9.503T

+0.70%

$59.629B · 1D

Sector weight

11.4%

of tracked market cap

Volume 24h

$52.885B

8.2% of market volume

Revenue TTM

$3.187T

Sum of constituents

Net income TTM

$552.771B

17.3% net margin

P/E (TTM)

17.1×

Market 30.5×

Dividend yield

2.2%

Market 1.3%

Employees

5.8M

Across 570 companies

Industry breakdown

Share of sector market cap · 15 industries

Banks - Diversified$1.836T-8.42%
Credit Services$1.706T-4.49%
Capital Markets$1.122T-7.03%
Banks - Regional$939.074B-6.13%
Asset Management$933.16B-9.19%
7 more industries$697.375B7.3%
View all 15 industries →

Concentration

Share of sector market cap by constituent

50.3%top 10
BRK.A11.4%
JPM9.4%
V7.3%
Next 722.2%
Other 56049.7%

HHI index
378.5

Mega caps
10

Median cap
$1.701B

Valuation vs. market

Sector totals valued as one company; marker is the all-equities median

P/E (TTM): 17.1× · market 20×

P/S: 3× · market 2.7×

EV / EBITDA: — · market 12.9×

Operating margin: — · market 8.5%

Dividend yield: 2.2% · market 2.3%

Trading at a 43.8% P/E discount to the all-equities market.

Returns vs. market

Cap-weighted price return · spread in percentage points

PeriodSectorMarketSpread
1 day+0.70%+0.84%-0.14%
1 week-1.73%+0.63%-2.36%
1 month-6.16%+1.35%-7.51%
3 months-3.56%+2.69%-6.24%
Year to date-1.90%+12.64%-14.54%
1 year-0.52%+14.06%-14.58%

Constituents

570 equities

Insurance - Diversified$1.083T11.4%$756.38K+0.21%-0.28%-0.28%$96.06M19.7×
Banks - Diversified$890.616B9.4%$332.380%-3.11%-6.69%$1.771B15.2×
Credit Services$694.687B7.3%$369.71+2.51%+0.63%-2.30%$1.672B31×
Credit Services$495.71B5.2%$564.59+2.23%-0.54%-4.00%$1.358B30.5×
Banks - Diversified$377.608B4%$54+0.47%-4.76%-13.74%$1.85B15.4×
Capital Markets$298.979B3.1%$190.19-0.06%-3.12%-10.21%$817.36M14.8×
Capital Markets$263.19B2.8%$893.46-1.01%-4.49%-11.05%$1.694B14.6×
Banks - Diversified$249.56B2.6%$81.44+1.23%-1.84%-8.77%$1.039B11.5×
Banks - Diversified$215.634B2.3%$128.55+0.04%-4.27%-4.31%$848.52M12.2×
Credit Services$207.441B2.2%$304.02+0.41%-1.58%-7.87%$859.69M18.2×
Capital Markets$169.406B1.8%$97.96+1.30%-1.08%-9.50%$575.22M16.8×
BlackRock Inc.

BLK · US

Asset Management$165.296B1.7%$1.07K+0.64%-1.83%-3.67%$651.08M25.1×
Chubb Limited

CB · US

Insurance - Property & Casualty$127.448B1.3%$330.49-0.12%-0.86%-2.63%$897.48M11.4×
Insurance - Property & Casualty$123.617B1.3%$212.62+1.10%+3.47%-3.96%$587.39M10.6×
Credit Services$119.715B1.3%$195.14+0.22%-2.53%-9.91%$485.78M11.5×
S&P Global Inc.

SPGI · US

Financial Data & Stock Exchanges$115.712B1.2%$390.92+1.20%-3.07%-9.45%$659.21M24.2×
Capital Markets$102.585B1.1%$114.11+1.22%-4.43%+6.66%$2.226B49.5×
Banks - Diversified$99.8B1.1%$145.40+1.03%-2.75%-9.85%$421.84M16.7×
Blackstone Inc.

BX · US

Asset Management$89.313B0.9%$111.65-0.09%-5.72%-18.40%$533.29M25.4×
U.S. Bancorp

USB · US

Banks - Regional$89.055B0.9%$57.27-0.42%-3.47%-8.76%$360.31M11.5×
Banks - Regional$88.563B0.9%$220.28-0.34%-2.38%-9.15%$635.05M12.4×
Financial Data & Stock Exchanges$86.117B0.9%$152.15+1.33%-1.40%-3.61%$419.79M21.9×
Insurance Brokers$82.177B0.9%$170.43+0.22%-0.40%-9.27%$360.28M20.9×
Korro Bio, Inc.

KKR · US

Asset Management$80.764B0.8%$89.96-0.37%-6.94%-15.47%$435.79M25.6×
Financial Data & Stock Exchanges$78.281B0.8%$448.15+1.54%-4.38%-8.54%$399.99M31.4×
Page 1 of 23