5 Value Stocks To Watch In The Financial Services Sector

Author: Benzinga Insights | March 23, 2023 10:48am

What Defines a Value Stock?

A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

The following stocks are considered to be notable value stocks in the financial services sector:

1. Citizens Financial Group (NYSE:CFG) - P/E: 7.55
2. Brookline Bancorp (NASDAQ:BRKL) - P/E: 7.38
3. National Western Life (NASDAQ:NWLI) - P/E: 8.3
4. StoneX Group (NASDAQ:SNEX) - P/E: 8.16
5. Northeast Bank (NASDAQ:NBN) - P/E: 6.89

Citizens Financial Group saw an increase in earnings per share from 1.3 in Q3 to $1.32 now. The company's most recent dividend yield sits at 4.03%, which has decreased by 0.52% from 4.55% last quarter.

Brookline Bancorp looks to be undervalued. It possesses an EPS of $0.39, which has not changed since last quarter (Q3). Its most recent dividend yield is at 3.98%, which has decreased by 0.2% from 4.18% in the previous quarter.

This quarter, National Western Life experienced a decrease in earnings per share, which was $6.15 in Q3 and is now $3.52. Its most recent dividend yield is at 0.19%, which has increased by 0.03% from 0.16% in the previous quarter.

StoneX Group's earnings per share for Q1 sits at $2.7, whereas in Q4, they were at 2.49. This quarter, Northeast Bank experienced an increase in earnings per share, which was $1.12 in Q1 and is now $1.54. The company's most recent dividend yield sits at 0.09%, which has ('', 'not changed') by 0.0% from 0.09% last quarter.

These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

Posted In: BRKL CFG NBN NWLI SNEX