Financial Stocks
Track 75 financial companies from the S&P 500 and NASDAQ 100 indices with historical returns, performance rankings, and investment analysis.
What's Driving Financial Stock Returns?
Updated: May 2026Financial stocks are among the most interest-rate sensitive in the market. Higher rates typically boost bank net interest margins (the spread between lending and deposit rates), while lower rates pressure profitability. The 2023 regional banking crisis (SVB, First Republic) created a flight to quality, benefiting mega-cap banks like JPMorgan.
Banks currently lead the sector with an average 1-year return of +24.8%, while Insurance lag at -9.9%. Credit quality concerns and commercial real estate exposure remain key risks for banks.
Key themes driving returns: interest rate trajectory, credit card delinquencies, commercial real estate exposure, and fintech competition. Payment processors (V, MA, PYPL) trade as growth stocks despite being classified as financials.
Of the 75 financial stocks tracked, 47 delivered positive returns over the past year while 28 declined. The top performer, HOOD, returned +63.4%, while FDS was the weakest at -51.2%. The median financial stock returned +6.4%.
Top 5 by 1-Year Return
Financial Stocks Monthly Returns (Jun'25 – May'26)
Which financial stocks are winning? Use this heatmap to identify the best and worst performers, spot which months hurt or helped specific stocks, and compare volatility across the sector. Over the past 12 months, 42 stocks gained while 33 declined. The leader is IVZ at +68.8%; the laggard is FDS at -54.6%.
| Stock | Jun'25 | Jul'25 | Aug'25 | Sep'25 | Oct'25 | Nov'25 | Dec'25 | Jan'26 | Feb'26 | Mar'26 | Apr'26 | May'26 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IVZ | +9% | +33% | +5% | +5% | +3% | +4% | +7% | +4% | -3% | -9% | — | — | +68.8% |
| CMA | +6% | +13% | +4% | -2% | +12% | +5% | +9% | +2% | — | — | — | — | +60.1% |
| C | +13% | +10% | +4% | +5% | -0% | +3% | +13% | -1% | -4% | +1% | — | — | +50.9% |
| CFG | +11% | +8% | +10% | +2% | -3% | +6% | +8% | +8% | -4% | -4% | — | — | +47.3% |
| GS | +18% | +2% | +4% | +7% | -1% | +5% | +7% | +6% | -8% | -3% | — | — | +40.6% |
| BK | +3% | +12% | +4% | +3% | -0% | +4% | +4% | +4% | -1% | -2% | — | — | +33.2% |
| NTRS | +20% | +3% | +1% | +3% | -4% | +2% | +5% | +9% | -4% | -4% | — | — | +31.7% |
| MS | +10% | +2% | +6% | +6% | +4% | +3% | +5% | +4% | -9% | -1% | — | — | +30.7% |
| STT | +10% | +6% | +3% | +1% | +0% | +3% | +8% | +2% | -2% | -4% | — | — | +30.7% |
| KEY | +10% | +3% | +8% | -2% | -6% | +4% | +14% | +4% | -4% | -4% | — | — | +27.9% |
| RF | +11% | +8% | +8% | -3% | -8% | +5% | +8% | +5% | -2% | -8% | — | — | +23.8% |
| CBOE | +2% | +3% | -2% | +4% | +0% | +5% | -3% | +6% | +13% | -6% | — | — | +22.8% |
| USB | +5% | -1% | +9% | +0% | -3% | +5% | +10% | +5% | -3% | -6% | — | — | +22.0% |
| FITB | +9% | +1% | +10% | -2% | -7% | +4% | +9% | +7% | -1% | -8% | — | — | +21.9% |
| PNC | +7% | +3% | +9% | -3% | -8% | +4% | +9% | +8% | -5% | -4% | — | — | +20.4% |
| L | +3% | -1% | +7% | +4% | -1% | +8% | -2% | +0% | +4% | -3% | — | — | +19.4% |
| ZION | +10% | +3% | +9% | -2% | -8% | +3% | +10% | +2% | -4% | -4% | — | — | +19.1% |
| TFC | +9% | +2% | +8% | -2% | -2% | +5% | +6% | +4% | -3% | -9% | — | — | +17.5% |
| SYF | +16% | +4% | +10% | -7% | +5% | +4% | +8% | -13% | -4% | -4% | — | — | +16.9% |
| PFG | +3% | -2% | +3% | +4% | +1% | +1% | +5% | +7% | +1% | -8% | — | — | +15.4% |
| BEN | +12% | +1% | +7% | -9% | -2% | -0% | +7% | +11% | -0% | -10% | — | — | +15.1% |
| GL | +2% | +13% | -0% | +2% | -8% | +2% | +4% | +0% | +4% | -5% | — | — | +13.4% |
| MTB | +7% | -3% | +7% | -1% | -7% | +3% | +7% | +10% | -2% | -7% | — | — | +13.2% |
| JPM | +10% | +3% | +2% | +5% | -1% | +1% | +3% | -5% | -2% | -3% | — | — | +11.4% |
| CB | -2% | -8% | +3% | +3% | -2% | +7% | +5% | -1% | +10% | -4% | — | — | +10.5% |
| ··· 25 stocks in middle ··· | |||||||||||||
| EG | -2% | -1% | +2% | +2% | -10% | -0% | +8% | -2% | +1% | -3% | — | — | -6.0% |
| SBNY | +7% | -23% | -5% | +18% | -8% | +6% | +58% | -5% | -21% | -13% | — | — | -7.1% |
| MCO | +5% | +3% | -1% | -7% | +1% | +2% | +4% | +1% | -7% | -7% | — | — | -7.4% |
| WTW | -3% | +3% | +3% | +6% | -9% | +3% | +3% | -3% | -4% | -5% | — | — | -7.7% |
| AIG | +2% | -9% | +5% | -3% | +1% | -4% | +13% | -12% | +7% | -6% | — | — | -9.3% |
| WRB | -1% | -6% | +4% | +7% | -7% | +9% | -8% | -2% | +5% | -9% | — | — | -9.9% |
| MET | +2% | -6% | +8% | +1% | -3% | -3% | +3% | -0% | -8% | -4% | — | — | -10.0% |
| AFRM | +33% | -1% | +29% | -17% | -2% | -1% | +5% | -19% | -22% | -2% | — | — | -11.1% |
| ICE | +2% | +1% | -4% | -4% | -13% | +8% | +3% | +7% | -6% | -4% | — | — | -11.5% |
| AMP | +5% | -3% | -0% | -5% | -8% | +1% | +8% | +8% | -11% | -6% | — | — | -12.2% |
| AON | -4% | -0% | +3% | -3% | -4% | +4% | -0% | -1% | -4% | -3% | — | — | -12.2% |
| MA | -4% | +1% | +5% | -4% | -3% | -0% | +4% | -5% | -4% | -3% | — | — | -14.2% |
| APO | +9% | +2% | -6% | -2% | -7% | +6% | +10% | -7% | -22% | +6% | — | — | -14.5% |
| MKTX | +3% | -8% | -10% | -5% | -8% | +3% | +11% | -7% | +14% | -6% | — | — | -15.7% |
| SPGI | +3% | +5% | -0% | -11% | +0% | +3% | +5% | +1% | -16% | -3% | — | — | -15.9% |
| V | -3% | -3% | +2% | -3% | -0% | -2% | +5% | -8% | -0% | -5% | — | — | -16.1% |
| COIN | +42% | +8% | -19% | +11% | +2% | -21% | -17% | -14% | -10% | +14% | — | — | -18.7% |
| BX | +8% | +16% | -0% | -0% | -14% | +1% | +5% | -8% | -19% | -4% | — | — | -19.1% |
| PGR | -6% | -9% | +2% | -0% | -17% | +11% | -0% | -3% | +3% | -4% | — | — | -23.4% |
| KKR | +10% | +10% | -5% | -7% | -9% | +4% | +4% | -10% | -23% | +4% | — | — | -24.9% |
| MMC | -6% | -9% | +3% | -2% | -11% | +3% | +1% | +2% | -1% | -8% | — | — | -25.3% |
| PYPL | +6% | -7% | +2% | -4% | +3% | -9% | -7% | -10% | -12% | -1% | — | — | -34.9% |
| AJG | -8% | -10% | +5% | +3% | -19% | -1% | +5% | -4% | -8% | -5% | — | — | -37.0% |
| BRO | -2% | -18% | +6% | -3% | -15% | +1% | -1% | -10% | -0% | -7% | — | — | -40.6% |
| FDS | -2% | -10% | -7% | -23% | -7% | +4% | +5% | -12% | -14% | -5% | — | — | -54.6% |
All Financial Stocks
The table below lists all 75 financial stocks sorted by market capitalization. The three largest — BRK-B, JPM, V — represent 32% of the sector's total $7.5T market cap. Over five years, 64 of these stocks have delivered positive returns.
| Stock | Market Cap | 1Y Return | 5Y Return | 10Y Return |
|---|---|---|---|---|
| BRK-B Berkshire Hathaway Inc. | $1.0T | -8.0% | +90.5% | +241.9% |
| JPM JPMorgan Chase & | $782B | +22.4% | +112.3% | +540.4% |
| V Visa Inc. | $587B | -8.6% | +41.6% | +354.1% |
| MA Mastercard Incorporated | $447B | -6.0% | +36.0% | +494.4% |
| BAC Bank of America | $347B | +14.4% | +41.4% | +336.8% |
| MS Morgan Stanley | $261B | +40.4% | +129.9% | +757.4% |
| GS The Goldman Sachs | $249B | +50.1% | +171.7% | +571.5% |
| WFC Wells Fargo & | $242B | +10.3% | +120.8% | +107.1% |
| AXP American Express Company | $208B | +12.8% | +121.7% | +487.2% |
| C Citigroup Inc. | $195B | +59.1% | +80.7% | +252.3% |
| SCHW The Charles Schwab | $169B | +23.1% | +54.9% | +289.9% |
| BLK BlackRock, Inc. | $152B | +4.5% | +50.8% | +273.6% |
| BX Blackstone Inc. | $134B | -23.8% | +70.4% | +531.6% |
| SPGI S&P Global Inc. | $130B | -13.2% | +27.7% | +405.4% |
| CB Chubb Limited | $128B | +12.7% | +102.5% | +227.9% |
| PGR The Progressive Corporation | $120B | -21.8% | +154.6% | +711.7% |
| COF Capital One Financial | $114B | +6.7% | +53.0% | +217.2% |
| CME CME Group Inc. | $110B | +20.9% | +82.9% | +366.7% |
| MMC Marsh & McLennan | $90B | -23.8% | +58.8% | +253.1% |
| ICE Intercontinental Exchange, Inc. | $90B | -8.8% | +47.4% | +277.2% |
| KKR KKR & Co. | $84B | -21.5% | +93.6% | +678.8% |
| PNC The PNC Financial | $82B | +21.7% | +37.0% | +228.8% |
| BK The Bank of | $81B | +42.2% | +188.1% | +300.9% |
| USB U.S. Bancorp | $80B | +25.6% | +17.1% | +81.4% |
| MCO Moody's Corporation | $79B | -3.3% | +56.9% | +419.1% |
| AON Aon plc | $70B | -16.1% | +49.5% | +257.0% |
| TRV The Travelers Companies, | $66B | +16.9% | +106.5% | +222.3% |
| HOOD Robinhood Markets, Inc. | $65B | +63.4% | N/A | N/A |
| APO Apollo Global Management, | $64B | -21.8% | +154.8% | +890.5% |
| TFC Truist Financial Corporation | $57B | +13.5% | -3.0% | +95.9% |
| AFL Aflac Incorporated | $56B | +0.7% | +131.5% | +337.4% |
| AJG Arthur J. Gallagher | $56B | -34.0% | +77.8% | +499.3% |
| COIN Coinbase Global, Inc. | $54B | +5.7% | N/A | N/A |
| ALL The Allstate Corporation | $54B | +2.6% | +102.4% | +292.8% |
| NDAQ Nasdaq, Inc. | $49B | +15.8% | +92.6% | +353.8% |
| MET MetLife, Inc. | $46B | -13.5% | +33.9% | +148.8% |
| PYPL PayPal Holdings, Inc. | $43B | -34.8% | -81.8% | +16.5% |
| AMP Ameriprise Financial, Inc. | $41B | -8.9% | +111.7% | +504.5% |
| FITB Fifth Third Bancorp | $41B | +19.1% | +41.6% | +274.2% |
| MSCI MSCI Inc. | $41B | -0.6% | +40.8% | +787.9% |
| AIG American International Group, | $41B | -7.7% | +76.4% | +81.9% |
| HIG The Hartford Insurance | $38B | +15.5% | +161.0% | +275.8% |
| STT State Street Corporation | $34B | +40.2% | +70.5% | +189.2% |
| ACGL Arch Capital Group | $34B | +1.8% | +162.0% | +322.7% |
| PRU Prudential Financial, Inc. | $33B | -9.9% | +28.7% | +104.3% |
| HBAN Huntington Bancshares Incorporated | $31B | +5.7% | +18.6% | +141.0% |
| MTB M&T Bank Corporation | $30B | +16.0% | +53.9% | +139.3% |
| CBOE Cboe Global Markets, | $29B | +31.4% | +187.8% | +378.8% |
| RJF Raymond James Financial, | $29B | +4.5% | +94.7% | +445.7% |
| WTW Willis Towers Watson | $28B | -8.2% | +36.6% | +184.9% |
| NTRS Northern Trust Corporation | $26B | +42.4% | +52.5% | +176.7% |
| CINF Cincinnati Financial Corporation | $25B | +12.5% | +69.5% | +221.5% |
| WRB W. R. Berkley | $25B | +6.4% | +118.5% | +417.6% |
| CFG Citizens Financial Group, | $25B | +45.9% | +60.0% | +279.0% |
| SYF Synchrony Financial | $24B | +25.4% | +72.6% | +202.5% |
| BRO Brown & Brown, | $23B | -43.3% | +48.8% | +323.4% |
| RF Regions Financial Corporation | $22B | +22.2% | +47.1% | +349.8% |
| L Loews Corporation | $22B | +22.3% | +108.0% | +196.2% |
| KEY KeyCorp | $21B | +27.2% | +22.7% | +165.8% |
| TROW T. Rowe Price | $19B | -0.1% | -36.8% | +80.0% |
| PFG Principal Financial Group, | $19B | +8.0% | +71.9% | +219.1% |
| AFRM Affirm Holdings, Inc. | $15B | -7.5% | -43.1% | N/A |
| EG Everest Group, Ltd. | $13B | -6.9% | +42.1% | +107.2% |
| BEN Franklin Resources, Inc. | $12B | +27.4% | +0.5% | +5.2% |
| CMA Comerica Incorporated | $11B | +37.4% | +85.6% | +308.4% |
| AIZ Assurant, Inc. | $11B | +6.8% | +70.8% | +236.3% |
| GL Globe Life Inc. | $11B | +9.2% | +42.5% | +173.6% |
| IVZ Invesco Ltd. | $11B | +61.5% | +14.9% | +26.4% |
| ZION Zions Bancorporation, National | $8B | +14.9% | +15.1% | +193.2% |
| FDS FactSet Research Systems | $8B | -51.2% | -30.8% | +45.2% |
| WAL Western Alliance Bancorporation | $8B | -9.0% | -21.8% | +155.1% |
| MKTX MarketAxess Holdings Inc. | $7B | -13.7% | -63.6% | +61.8% |
| LNC Lincoln National Corporation | $7B | +1.4% | -29.4% | +26.6% |
| VOYA Voya Financial, Inc. | $6B | +3.0% | +16.8% | +147.2% |
| SBNY Signature Bank | $60M | -35.0% | N/A | N/A |
About Financial Stocks
The financial sector represents 75 companies in our US market coverage, with a combined market capitalization of $7.5T. These stocks span banks, insurance companies, asset managers, payment processors, and diversified financial services.
The sector is anchored by mega-caps: BRK-B ($1.0T), JPM ($782B), and V ($587B) together account for 32% of the sector's total market value.
Industry Performance Breakdown
Other Key Financial Industries
Investing in Financial Stocks
Financial stocks are cyclical and highly sensitive to interest rates, economic growth, and credit quality. They typically outperform in rising rate environments but face headwinds when credit conditions deteriorate.
For diversified exposure, investors often consider the Financial Select Sector SPDR Fund (XLF), which provides broad financial sector coverage in a single investment.
Frequently Asked Questions About Financial Stocks
What are the best financial stocks?
The top-performing financial stock over the past year is HOOD with a return of +63.4%. The sector covers 75 companies with a combined market cap of $7.5T, spanning banks, insurers, payment processors, and asset managers. Over five years, 64 of these stocks have delivered positive returns.
How do bank stocks perform when interest rates rise?
Higher interest rates generally benefit banks by widening net interest margins -- the spread between what they earn on loans and pay on deposits. Currently, banks have an average 1-year return of +24.8%. However, rapidly rising rates can also increase loan defaults and reduce borrowing demand, so the relationship is not always straightforward.
What are the best financial sector ETFs?
The most popular financial ETF is XLF (Financial Select Sector SPDR), which provides broad exposure to S&P 500 financial companies including banks, insurers, and capital markets firms. Other options include KBE (SPDR S&P Bank ETF) for pure bank exposure, KRE (SPDR S&P Regional Banking) for regional banks, and VFH (Vanguard Financials) for a low-cost broad approach.
What is the difference between big banks and regional banks?
Big banks (JPM, BAC, WFC, C) are diversified across investment banking, trading, wealth management, and consumer lending. Regional banks focus primarily on traditional lending in specific geographic areas. Mega-cap banks tend to be more resilient during crises, as demonstrated during the 2023 regional banking turmoil when depositors moved funds to larger institutions.
Are financial stocks good for dividends?
Many financial stocks pay attractive dividends, particularly large banks and insurance companies. The sector's average 1-year return of +7.1% includes both price appreciation and dividend income. Banks are required to maintain capital reserves, which can limit dividends during stress periods, but established financials have a strong track record of returning capital to shareholders.