OCCI - Amid the banking crisis here are the top 10 financial stocks according to SA's Quant Ratings

2023-03-20 10:21:08 ET

The financial sector remains volatile as investors navigate the latest banking crisis. With a collapse of Silvergate Capital, Silicon Valley Bank and Signature Bank, along with ongoing turmoil at First Republic Bank and the takeover of Credit Suisse by UBS, many market participants have become unsure about the state of the financial sector.

Seeking Alpha's Quant Rating algorithm grades stocks compared to their peers based on quantifiable measures, such as profitability, valuation and stock momentum. Here are the names the system lists as the top 10 financial stocks:

Top 10 Financial Stocks

No. 10: OFS Capital ( OFS ), Quant rating : 4.91, Strong Buy.

No. 9: Banco do Brasil S.A. ( OTCPK:BDORY ), Quant rating : 4.91, Strong Buy.

No. 8: BB Seguridade Participações S.A. ( OTCPK:BBSEY ), Quant rating : 4.93, Strong Buy.

No. 7: Intesa Sanpaolo S.p.A. ( OTCPK:ISNPY ), Quant rating : 4.94, Strong Buy.

No. 6: Société Générale ( OTCPK:SCGLY ), Quant rating : 4.94, Strong Buy.

No. 5: HSBC Holdings ( NYSE: HSBC ), Quant rating : 4.94, Strong Buy.

No. 4: Banco Bilbao Vizcaya Argentaria, S.A. ( NYSE: BBVA ), Quant rating : 4.95, Strong Buy.

No. 3: Berkshire Hathaway Inc ( NYSE: BRK.B ), Quant rating : 4.95, Strong Buy.

No. 2: Nordea Bank Abp ( OTCPK:NRDBY ), Quant rating : 4.95, Strong Buy.

No. 1: OFS Credit Company, Inc. ( NASDAQ: OCCI ), Quant rating : 4.97, Strong Buy.

Year-to-date price action: OFS -2.5% , BDORY +19.6% , BBSEY +4.9% , ISNPY +0.9% , SCGLY -10.5% , HSBC +4.5% , BBVA +3.6% , BRK.B -5.3% , NRDBY -0.2% , and OCCI +10.8% .

More on the Bank Crisis

• Credit Suisse and UBS: Implications Of A Shotgun Wedding
• UBS upgraded to Buy at BofA as Credit Suisse takeover enhances scale
• Fed, ECB and four other central banks take 'coordinated action' to ensure dollar liquidity
• First Republic Bank stock extends slump as S&P downgrades again

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