§ Sector lens

Financial Services

Financials are valued on residual income and through-cycle ROE — book value compounding plus dividends, normalized for credit costs. Watch reserves, NIM, and Tier-1 ratios more than headline EPS.

Tickers covered

+14.4%

Avg. upside to FV

7.2

Avg. moat

Coverage

Ticker	Price	Fair value	Upside	Rating	Moat
FIS Fidelity National Information Services, Inc. · Mature compounder	$33.65 —	$90.08 Potential value $118.86	+167.7%	Strong Buy	7.5
ALL The Allstate Corporation · Financial / Bank	$227.60 —	$443.87 Potential value $840.59	+95.0%	Strong Buy	6.2
LPLA LPL Financial Holdings Inc. · Financial / Bank	$332.39 —	$598.11 Potential value $717.89	+79.9%	Strong Buy	7.5
AIG American International Group Inc. · Financial / Bank	$74.93 —	$131.35 Potential value $195.82	+75.3%	Strong Buy	5.5
EG Everest Group, Ltd. · Financial / Bank	$374.72 —	$635.11 Potential value $1,474.13	+69.5%	Strong Buy	6.5
PGR The Progressive Corporation · Financial / Bank	$210.96 —	$338.58 Potential value $502.35	+60.5%	Strong Buy	7.8
ACGL Arch Capital Group Ltd. · Financial / Bank	$93.60 —	$149.29 Potential value $254.39	+59.5%	Strong Buy	7.2
WTW Willis Towers Watson Public Limited Company · Financial / Bank	$288.61 —	$427.31 Potential value $650.40	+48.1%	Strong Buy	7.5
HBAN Huntington Bancshares Incorporated · Mature dividend	$15.33 —	$20.81 Potential value $30.13	+35.8%	Strong Buy	6.5
SYF Synchrony Financial · Financial / Bank	$72.16 —	$96.50 Potential value $136.44	+33.7%	Strong Buy	6.5
BRO Brown & Brown, Inc. · Financial / Bank	$62.02 —	$82.40 Potential value $109.99	+32.9%	Buy	7.5
HIG The Hartford Insurance Group, Inc. · Financial / Bank	$126.05 —	$164.10 Potential value $297.95	+30.2%	Buy	6.5
AMP Ameriprise Financial, Inc. · Financial / Bank	$490.91 —	$609.31 Potential value $829.98	+24.1%	Buy	7
CPAY Corpay, Inc. · Mature compounder	$401.72 —	$493.18 Potential value $586.98	+22.8%	Buy	7.5
AON Aon plc · Financial / Bank	$275.95 —	$338.37 Potential value $419.70	+22.6%	Buy	8
AJG Arthur J. Gallagher & Co. · Financial / Bank	$231.82 —	$280.32 Potential value $351.13	+20.9%	Buy	7.2
RJF Raymond James Financial Inc. · Financial / Bank	$158.21 —	$189.51 Potential value $258.24	+19.8%	Buy	7
PYPL PayPal Holdings, Inc. · Mature compounder	$57.20 ▲ +11.83 (+26.1%)	$68.37 Potential value $81.87	+19.5%	Buy	7
WFC Wells Fargo & Company · Financial / Bank	$82.97 ▲ +5.07 (+6.5%)	$98.93 Potential value $108.33	+19.2%	Buy	6.5
ZION Zions Bancorporation, National Association · Financial / Bank	$61.78 —	$73.60 Potential value $119.01	+19.1%	Buy	6
KEY KeyCorp · Financial / Bank	$19.97 —	$22.75 Potential value $35.57	+13.9%	Buy	6.5
CBOE Cboe Global Markets, Inc. · Mature compounder	$271.26 —	$306.41 Potential value $398.31	+13.0%	Buy	9
FITB Fifth Third Bancorp · Financial / Bank	$47.60 —	$51.17 Potential value $68.93	+7.5%	Hold	6.5
MA Mastercard Incorporated · Mature compounder	$579.21 ▲ +81.38 (+16.4%)	$621.75 Potential value $782.35	+7.3%	Hold	6
V Visa Inc. · Mature compounder	$368.29 ▲ +47.01 (+14.6%)	$392.89 Potential value $536.48	+6.7%	Hold	9
TROW T. Rowe Price Group Inc. · Financial / Bank	$103.54 —	$109.81 Potential value $140.14	+6.1%	Hold	6.5
COF Capital One Financial Corporation · Financial / Bank	$200.20 ▲ +10.72 (+5.7%)	$200.80 Potential value $284.02	+0.3%	Hold	6.5
WRB W. R. Berkley Corporation · Financial / Bank	$69.65 —	$69.62 Potential value $121.69	-0.0%	Hold	7
CFG Citizens Financial Group Inc. · Financial / Bank	$64.57 —	$64.11 Potential value $107.01	-0.7%	Hold	5.5
STT State Street Corporation · Financial / Bank	$176.34 —	$174.77 Potential value $214.28	-0.9%	Hold	7
RF Regions Financial Corporation · Financial / Bank	$26.72 —	$26.38 Potential value $35.70	-1.3%	Hold	6.5
TFC Truist Financial Corporation · Mature dividend	$46.30 —	$45.70 Potential value $52.30	-1.3%	Hold	6.5
NTRS Northern Trust Corporation · Financial / Bank	$171.40 —	$166.49 Potential value $195.95	-2.9%	Hold	7.5
MTB M&T Bank Corporation · Financial / Bank	$219.14 —	$212.02 Potential value $240.37	-3.3%	Hold	6.5
USB U.S. Bancorp · Financial / Bank	$59.33 —	$56.46 Potential value $70.22	-4.8%	Hold	7
AIZ Assurant, Inc. · Financial / Bank	$282.23 —	$261.98 Potential value $382.31	-7.2%	Hold	6.5
SPGI S&P Global Inc. · Mature compounder	$389.35 ▼ -30.77 (-7.3%)	$355.55 Potential value $407.74	-8.7%	Hold	9
MKTX MarketAxess Holdings Inc. · Financial / Bank	$164.64 —	$150.14 Potential value $172.27	-8.8%	Hold	8.5
CME CME Group Inc. · Mature compounder	$302.37 —	$261.16 Potential value $341.31	-13.6%	Reduce	9
PNC The PNC Financial Services Group, Inc. · Financial / Bank	$225.64 —	$194.79 Potential value $211.52	-13.7%	Reduce	7
ICE Intercontinental Exchange, Inc. · Mature compounder	$154.31 —	$133.03 Potential value $152.64	-13.8%	Reduce	9
SCHW The Charles Schwab Corporation · Financial / Bank	$99.50 ▲ +10.89 (+12.3%)	$85.50 Potential value $122.67	-14.1%	Reduce	9
BX Blackstone Inc. · Financial / Bank	$117.21 ▼ -6.56 (-5.3%)	$99.65 Potential value $139.84	-15.0%	Reduce	8.5
JPM JPMorgan Chase & Co. · Financial / Bank	$358.64 ▲ +52.37 (+17.1%)	$275.50 Potential value $316.94	-23.2%	Sell	1
NDAQ Nasdaq, Inc. · Mature compounder	$91.98 —	$70.15 Potential value $87.67	-23.7%	Sell	9
BNY The Bank of New York Mellon Corporation · Financial / Bank	$130.85 —	$98.39 Potential value $123.17	-24.8%	Sell	9
MCO Moody's Corporation · Mature compounder	$441.36 —	$327.35 Potential value $399.89	-25.8%	Sell	9.2
CB Chubb Limited · Financial / Bank	$334.37 ▲ +14.73 (+4.6%)	$247.91 Potential value $322.50	-25.9%	Sell	8
MSCI MSCI Inc. · Mature compounder	$542.39 —	$388.10 Potential value $446.75	-28.4%	Sell	9.2
GS The Goldman Sachs Group, Inc. · Financial / Bank	$949.49 ▲ +13.01 (+1.4%)	$655.45 Potential value $865.74	-31.0%	Sell	7.5

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October 2026 · sector commentary

Financials — October 2026

As of 2026-10-28 · Published 2026-10-28T07:00:08+00:00

As of 2026-10-28, the sector snapshot covered 1101 constituents. Median returns were unavailable over one month and unavailable over three months. The recorded valuation median was 1.33 across 811 observations. The market-wide sector-rotation score was unavailable. Missing values are left unavailable rather than estimated.

Info

Compare financial services against every other sector in the sector-rotation matrix — relative-strength rank, forward P/E, and revisions delta in one frame, as of the latest published outlook.

Top by upside

FIS

+167.7%

Fidelity National Information Services, Inc.

Strong Buy· 2026-10-12

ALL

+95.0%

The Allstate Corporation

Strong Buy· 2026-09-27

LPLA

+79.9%

LPL Financial Holdings Inc.