Tuesday, April 28, 2015

Best Financial Stocks To Buy Right Now

As high-net-worth investors work with greater numbers of financial professionals and gravitate toward boutique-like service models, such as RIAs, multifamily offices and state-registered trust companies, the pressure is on providers to attract new wealthy clients.

In a wide-ranging report on the high-net-worth market, defined as clients with $5 million or more in investable assets, Cerulli Associates said that while new clients were crucial, firms courted danger if they failed to better engage the heirs of existing clients.

Heirs who are not adequately prepared for inheritances not only threaten legacies, but are the greatest threat to legacy providers’ asset bases when the fortunes are dispersed among numerous beneficiaries, Cerulli said.

The study found that HNW providers generally understood that engaging heirs now, including a spouse, increased the odds of retaining the inherited assets.

Many providers are trying to involve children at the outset of a new relationship, or persuading existing clients to invite their children. Others are designing boot camp programs to educate younger HNW investors on basic and advanced investing concepts, and to provide an opportunity to network with well-off peers.

10 Best Construction Material Stocks To Watch For 2015: Home Bancorp Inc.(HBCP)

Home Bancorp, Inc. operates as the holding company for Home Bank that provides various banking services in Louisiana. The company offers various deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, and negotiable order of withdrawal accounts; and demand deposit and certificates of deposit. It also provides various loan products, such as single-family residential first mortgage loans, commercial real estate mortgage loans, commercial loans, home equity loans and lines of credit, construction and land loans, and other loans. In addition, the company offers online banking, bank cards, and ATM services. As of December 31, 2010, it had 18 full-service banking offices in the Greater Lafayette, Baton Rouge, and Northshore regions of south Louisiana. The company was founded in 1908 and is headquartered in Lafayette, Louisiana.

Advisors' Opinion:
  • [By Tim Melvin]

    The credit crisis slowed the pace of deals temporarily, but there are plenty of former thrifts trading at low valuations that have the potential for large long-term returns.

    Home Bancorp (HBCP)

    Home Bancorp (HBCP) is a 22-branch bank located in Lafayette, La. The bank has almost $1 billion in assets and the balance sheet is in excellent condition. Also, its equity-to-asset ratio is 14.5 — well above my preferred minimum of 10. Meanwhile, Home Bancorp’s nonperforming assets are just 2.09% of the total.

Best Financial Stocks To Buy Right Now: IRSA Inversiones Y Representaciones S.A. (IRS)

IRSA Investments and Representations Inc., through its subsidiaries, engages in a range of diversified real estate investment and related activities in Argentina. The company is involved in the acquisition, development, and operation of shopping centers, offices, and other non-shopping center properties primarily for rental purposes; development and sale of residential properties; acquisition and operation of luxury hotels; and acquisition of undeveloped land reserves for future development purpose. It also engages in consumer financing activities, including credit card products to its consumers at shopping centers, hypermarkets, and street stores. IRSA Investments and Representations, Inc. was founded in 1943 and is headquartered in Buenos Aires, Argentina.

Advisors' Opinion:
  • [By Garrett Cook]

    In trading on Wednesday, financial shares were relative laggards, down on the day by about 0.24 percent. Top losers in the sector included IRSA Investments and Representations (NYSE: IRS), down 3.2 percent, and OceanFirst Financial (NASDAQ: OCFC), off 2.5 percent.

Best Financial Stocks To Buy Right Now: BankUnited Inc (BKU)

BankUnited, Inc. (BKU), incorporated on April 28, 2009, is a bank holding company with three wholly owned subsidiaries: BankUnited, National Association (the Bank) Herald National Bank (Herald), and BankUnited Investment Services, Inc. (BUIS), collectively, the Company. As of December 31, 2012, it provides a range of banking services to individual and corporate customers through 98 branches located in 15 Florida counties. Herald is a national banking association with 2 branch locations in the New York metropolitan area. BUIS is a Florida insurance agency providing wealth management and financial planning services. As of December 31, 2012, its distribution network also includes 97 automated teller machines (ATMs), online banking and a telephone banking service. As of December 31, 2011, the Bank had 98 branches in 15 counties. On February 29, 2012, the Company announced the completion of its acquisition of Herald National Bank (Herald).

Lending Activities

The Company�� primary lending focus is to serve consumers, commercial and middle-market businesses and their executives with a range of financial products and services. It offers a range of lending products, including small business loans, residential mortgage loans, commercial real estate loans, equipment loans and leases, term loans, asset-backed loans, municipal leases, letters of credit and commercial lines of credit. As part of the Company�� loan activities, it also purchases performing residential loans on a national basis.

The Company�� commercial loans, which are generally made to small and middle-market businesses, include equipment loans, lines of credit, acquisition finance credit facilities and an array of Small Business Administration product offerings, and typically have maturities of five years or less. It also offers term financing for the acquisition or refinancing of properties, primarily rental apartments, industrial properties, retail shopping centers and free-standing buildings, office! buildings and hotels located primarily in Florida. Other products that it provides include secured lines of credit, acquisition, development and construction loan facilities and construction financing.

The Company provides one- to four-single family residential real estate loans with terms ranging from 10 to 40 years, with either fixed or adjustable interest rates. Loans are offered to customers primarily in Florida through its branches and loan officers. The majority of its loans are owner occupied, full documentation loans. The Company offers consumer loans to its customers primarily in Florida for personal, family and household purposes, including home equity loans, auto, boat and personal installment loans.

Sources of Funds

The Company offers traditional deposit products, including checking accounts, money market deposit accounts, savings accounts and certificates of deposit with a variety of rates. Demand deposits comprised 22% of total deposits as of December 31, 2012. The Company also utilizes Federal Home Loan Bank (FHLB) advances to finance its operations.

Wealth Management

Through financial consultants and bankers, BankUnited Investment Services provides a range of wealth management product offering that includes mutual funds, annuities, life insurance and individual securities. It also provides succession planning, estate planning, and financial planning to individuals and business owners. It uses a third-party financial services company to provide its trading platform, administrative and back office support, and provides its customers with around-the-clock access to account balances and summaries, positions and portfolio views, transaction detail, portfolio view, and online statements.

The Company competes with Bank of America, BankAtlantic, BB&T, JPMorgan Chase, Regions Bank, SunTrust Banks, TD Bank and Wells Fargo.

Advisors' Opinion:
  • [By Eric Volkman]

    BankUnited (NYSE: BKU  ) is reaching into its vault for another shareholder payout. The company has declared its latest quarterly common stock dividend, which is to be $0.21 per share paid on July 19 to shareholders of record as of July 5. That amount matches both of the firm's previous distributions, the most recent of which was paid in April. Prior to that, BankUnited dispensed $0.17 per share.

  • [By Sean Fox]

    Finding a rose among the ashes
    John Kanas is the chairman, president, and CEO of revived financial institution BankUnited� (NYSE: BKU  ) . While neither name may be familiar, the bank merits a deeper look nonetheless.

  • [By MONEYMORNING.COM]

    Just last week the investor group, in the last of a series of secondary offerings, said goodbye to BankUnited (NYSE: BKU) and cashed out, having more than doubled their money.

Best Financial Stocks To Buy Right Now: Banco Macro SA (BMA)

Banco Macro S.A. (the Bank), incorporated on November 21, 1966, is a bank in Argentina. The Bank provides standard banking products and services to a nationwide customer base. The Bank has two categories of customers: retail customers, which include individuals and very small companies, and corporate customers, which include small, medium and large companies and major corporations. In addition, it provides services to four provincial governments. The Bank offers a range of standard products, which are available to both its retail and corporate customers. Retail customers are individuals, entrepreneurs and very small companies (companies with less than Pesos one million in sales per year). It provides services to them throughout Argentina, in particular outside of the City of Buenos Aires, which has higher concentrations of low- and middle-income individuals who are traditionally underserved by large private banks. The Bank serves its retail customers through its nationwide branch network. Approximately 94% of the Bank�� branches are located outside of the City of Buenos Aires.

The Bank offers its retail customers traditional banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans (including personal loans), mortgage loans, car loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs) and money transfers. The Bank offers personal loans, document discounts, (housing) mortgages, overdrafts, pledged loans and credit card loans to its retail customers.

The Bank provides its corporate customers with traditional banking products and services, such as deposits, lending (including overdraft facilities), check cashing advances and factoring, guaranteed loans and credit lines for financing foreign trade and cash management services. It also provides them trust, payroll and financial agency services, corporate credit cards a! nd other specialty products. The corporate business is focused on the classification by sizes and sectors. The Bank has four categories for its corporate customers: small companies, which register up to Pesos 52 million in sales per year; medium companies, which register more than Pesos 52 million and less than Pesos 150 million in sales per year; major companies, which register more than Pesos 150 million in sales per year, and agro companies, which operate in agriculture or in the commerce of its products (approximately 97% of its corporate customers are small businesses).

The Bank�� lending activities to the corporate sector (defined here as firms with loans outstanding in excess of Pesos 20,000) totaled Pesos 4,985 million. Most of its lending activity consists of working capital loans to small and medium-sized businesses. The Bank offers short-term and medium- to long-term corporate lending products. Short-term products include credit lines for up to 180 days and consist mainly of overdraft facilities, corporate credit and debit cards and factoring, as well as foreign trade related financing, such as pre-export, post-shipment and import financing. Medium-to long-term products include credit lines and specific lending facilities of more than 180 days.

The Bank offers transaction services to its corporate customers, such as cash management, customer collections, payments to suppliers, payroll administration, foreign exchange transactions, foreign trade services, corporate credit cards and information services, such as its Datanet and Interpymes services. The Bank�� payments to suppliers��services enable its customers to meet their payment obligations to their suppliers on a timely basis through a system. This service also provides payment liquidations, tax payment receipts, invoices and any other documents required by the payer.

The Bank�� collection services include cash or check deposits at its 408 branches, automatic and direct debits from checking ! or saving! s accounts and the transportation of funds collected from corporate customers to its branches for deposit. The Bank provides its corporate clients with access to the Datanet service, which is an electronic banking network linking member banks in Argentina. These services permit its clients to obtain reliable online information on a real-time basis from their bank accounts in Datanet, as well as perform certain transactions. The Bank also provides tax collection and financial agency services to four provinces.

The Bank competes with Santander Rio, Banco de Galicia y Buenos Aires S.A., BBVA Banco Frances S.A., HSBC Argentina S.A. and Banco Patagonia S.A.

Advisors' Opinion:
  • [By Roberto Pedone]

    Marco Bank (BMA) offers a range of traditional banking products and services to corporates, SME's and individuals in Argentina. This stock closed up 5.6% at $20.93 in Monday's trading session.

    Monday's Volume: 404,000

    Three-Month Average Volume: 78,386

    Volume % Change: 504%

    From a technical perspective, BMA jumped sharply higher here right above some near-term support at $19 with strong upside volume. This stock has been uptrending strong for the last two months and change, with shares moving higher from its low of $13.63 to its recent high of $21.73. During that move, shares of BMA have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of BMA within range of triggering a big breakout trade. That trade will hit if BMA manages to take out its 52-week high at $21.73 with high volume.

    Traders should now look for long-biased trades in BMA as long as it's trending above some key near-term support levels at $19 to $18.29 and then once it sustains a move or close above its 52-week high at $21.73 with volume that's near or above 78,386 shares. If that breakout hits soon, then BMA will set up to re-test or possibly take out its next major overhead resistance levels at $25 to $27.

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