Raymond James Financial, Inc.
There is no industry more wild, crazy, or fun to look at then those specializing in investment banking. This ultimate cyclical industry has become a tad less cyclical when many of the remaining large players became banks in order to qualify for government bailouts in the troubled times late last decade. As banks, and subject to higher regulatory scrutiny and capitalization rules, earnings have moderated their erratic swings somewhat. I more »
As a value investor, I often screen for quality stocks to buy for the long run. I am quite interested in a business that is growing and has a history of paying consistent dividends over time. The dividend yield needs to be decent, and more intriguingly, the CEOs have to be getting bullish on their own stocks. Thus, to search for those opportunities, I set up a screen with 5 more »
Investment banks are not for the faint of heart -- their operations are complex and accounting rules are quite soft on disclosure requirements, so it’s hard for investors to get a good understanding of a company's risk exposure in the sector. Besides, government regulation is a permanent source of uncertainty for these companies all over the world.
The collapse of many big players in the industry during 2008/2009 more »
With a few notable exceptions, bank stocks did well in 2011. I am going to look today at two of the largest regional banks in the country, SunTrust (NYSE: STI) and Regions Financial (NYSE: RF). These banks both rank among the top ten domestic commercial banks by assets, and I am pairing them not just due to their similar size, but also due to their overlapping footprints. They are the more »