4 Bank Stocks Below Book Value, Paying Dividends

Financial institution shares have taken a beating recently, particularly these within the regional banking class. The results of the Fed’s elevating of rates of interest and the failure of Silicon Valley Financial institution are rocking the business. Many names within the sector are buying and selling at a lot decrease valuations than originally of the 12 months.

Does this imply that a few of them could be value looking at from a “are they now worth shares” perspective? There is no such thing as a manner of realizing for sure, however a display screen making use of Benjamin Graham-style elements uncovers these 4 financial institution shares which will within the zone now.

Financial institution Shares: Dividends And Buying and selling Beneath E-book

HSBC Holdings (NYSE: HSBC), based mostly in London and energetic globally, doing enterprise since 1865, is now out there for buy at 72% of its e book worth. Earnings are up this 12 months by 19% and, over the previous 5 years, up by 6.30%. The inventory trades with a price-earnings ratio of 6.69 at a time when the Schiller p/e for the Customary & Poor’s 500 sits at 28.91. HSBC pays a dividend of 5.60%. Market capitalization for the financial institution is $143.91 billion.

Right here’s the every day worth chart:

New York Group Bancorp
NYCB
(NYSE: NYCB) is a regional financial institution buying and selling with a price-earnings ratio of 8 and at a 35% low cost from its e book worth. Probably the most just lately reported earnings per share for the final 12 months elevated by 5.10%. The previous 5-year EPS development involves 9.10%. The financial institution pays a 6.74% dividend. New York Group Bancorp has a market capitalization of $6.88 billion.

The every day worth chart is right here:

Penns Woods Bancorp (NASDAQ
NDAQ
: PWOD) is a smaller regional financial institution with a market capitalization of $159 million. Headquartered in Williamsport, Pennsylvania, the NASDAQ-traded inventory, very evenly traded, sits now with a price-earnings ratio of 8.74 and at 96% of its e book worth. Earnings this 12 months are up by 8.70% and up for the previous 5 years by 6.90%. Penns Woods Bancorp gives buyers a 5.59% dividend.

The every day worth chart seems like this:

Republic Bancorp (NASDAQ: RBCAA), based mostly in Louisville, Kentucky (and never associated to First Republic Financial institution) is one other very evenly traded NASDAQ inventory. With a price-earnings ratio of 8.60, the financial institution trades at a 9% low cost from its e book worth. This 12 months’s earnings present a rise of seven.40%. Over the previous 5 years, EPS development is 12.90%. Market capitalization is $740 million. The financial institution is paying a dividend of three.82%.

Right here’s the every day worth chart: