
The publisher pointed to subdued income growth, falling earnings or book value in its cautionary assessment of three financial stocks.
StockStory named Customers Bancorp, Banc of California and Walker & Dunlop as financial stocks it viewed cautiously, citing five-year performance measures. Its assessment came as banking stocks had fallen 1.7% over six months, compared with a 15.2% return for the S&P 500, the publisher said.
For Customers Bancorp, StockStory cited annual net interest income growth of 9.5% and annual earnings-per-share growth of 4.2% over five years. It also reported a 3.2% net interest margin. The article listed the shares at $74.10 and 1.1 times forward price-to-book.
Banc of California’s net interest income grew 2.5% annually over five years, according to the analysis. StockStory also said its efficiency ratio rose 15.9 percentage points and earnings per share fell 24.3% annually during that period.
For Walker & Dunlop, the publisher reported annual declines of 41.6% in net interest income, 13.7% in earnings per share and 8.5% in tangible book value per share over five years. It listed the stock at $34.22, or 0.7 times forward price-to-book.
This article was produced with the help of AI technology. Source: Yahoo Finance