There is a low diversification of 12 months returns within the banking sector. The sector is around 13 percent lower since June. Among the winners we find Federal National Mortgage Association, Federal Home Loan Mortgage and NMI Holdings. Relatively big losses are for Metro Bank, Banca Carige SpA Cassa di Risparmio di Genova e Imperia and GAM Holding AG.
The midcaps in this sector are the winners. Among the less performing are mostly the microcaps.
Regarding the price/earnings-ratios we see a uniform palette. The midcaps are with the price/earnings-ratio of 12 the most expensive. The microcaps are the cheapest and trade at 10 times the earnings per share. New Mountain Finance, Huntington Bancshares and QCR Holdings are the stocks with the highest ratios. Stocks with the lowest ratios are Murphy & Spitz Green Capital AG, Bank Sankt-Peterburg PAO and Turkiye Halk Bankasi AS.
The sector's average dividend yield is with 3,7 percent relatively high. Stocks now high dividend yields now are CM Finance, Garrison Capital and THL Credit.
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