Notable companies
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), Charles Schwab Corp (The) (NYSE:SCHW), Citigroup (NYSE:C), Capital One Financial (NYSE:COF).
Industry description
The investment seeks long-term growth of capital and a modest level of income.
The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in the common stocks of companies in the financial services industry. In addition, it may invest in companies, such as providers of financial software, that derive substantial revenues (at least 50%) from conducting business in the financial services industry. Security selection is based on fundamental, bottom-up analysis that seeks to identify high quality companies with good appreciation prospects.
Market Cap
The average market capitalization across the T. Rowe Price Financial Services MF is 180.27B. The market cap for tickers in the group ranges from 30.64B to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is HIG at 30.64B.
Volume
The average weekly volume growth across all stocks in the T. Rowe Price Financial Services MF was -1%. For the same stocks of the MF, the average monthly volume growth was -2% and the average quarterly volume growth was 67%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 75
P/E Growth Rating: 32
Price Growth Rating: 24
SMR Rating: 25
Profit Risk Rating: 27
Seasonality Score: 52 (-100 ... +100)