Stocks to Watch: Western Alliance Bancorp, Truist, and more...

Bank Dividends During Bank Run

Inside.com Part of   Network March 26, 2023

Hey Insiders,  During the last financial crisis, many banks had to cut or eliminate their dividends due to the rising dividend ratios. Today I wanted to look at the 10 U.S. medium/small-sized banks with the largest dividend yields to see how investors expected them to perform and what their current dividend ratio is after the recent collapse of the banking industry.  Onward and Upward,  Liam

Stock to Watch: Western Alliance Bancorp (NYSE: WAL) The stock has a market cap of $10.7B with a dividend payout ratio of 53.8%.  The current dividend yield is 7.1%.  37.5% of Wall Street analysts recommend that their clients purchase the stock. On average, Wall Street analysts believe that the stock will rise by 60.9% in the next year.

Stock to Watch: Truist Financial Corporation (NYSE: TFC) The stock has a market cap of $40.5B with a dividend payout ratio of 43.2%.  The current dividend yield is 6.8%.  34.6% of Wall Street analysts recommend that their clients purchase the stock. On average, Wall Street analysts believe that the stock will rise by 63.3% in the next year.

Stock to Watch: Comerica Incorporated (NYSE: CMA) The stock has a market cap of $5.7B with a dividend payout ratio of 26.3%.  The current dividend yield is 6.5%.  50.0% of Wall Street analysts recommend that their clients purchase the stock. On average, Wall Street analysts believe that the stock will rise by 76% in the next year.

Stock to Watch: Huntington Bancshares Incorporated (NASDAQ: HBAN) The stock has a market cap of $14.9B with a dividend payout ratio of 36.9%.  The current dividend yield is 6.0%.  27.3% of Wall Street analysts recommend that their clients purchase the stock. On average, Wall Street analysts believe that the stock will rise by 45.3% in the next year.

Stock to Watch: U.S. Bancorp (NYSE: USB) The stock has a market cap of $50.5B with a dividend payout ratio of 84.5%.  The current dividend yield is 5.8%.  37.0% of Wall Street analysts recommend that their clients purchase the stock. On average, Wall Street analysts believe that the stock will rise by 55.3% in the next year.

Stock to Watch: Zions Bancorporation, N.A. (NASDAQ: ZION) The stock has a market cap of $4.4B with a dividend payout ratio of 22.3%.  The current dividend yield is 5.5%.  34.8% of Wall Street analysts recommend that their clients purchase the stock. On average, Wall Street analysts believe that the stock will rise by 78% in the next year.

Stock to Watch: Citizens Financial Group, Inc. (NYSE: CFG) The stock has a market cap of $14.9B with a dividend payout ratio of 33.5%.  The current dividend yield is 5.4%.  60.9% of Wall Street analysts recommend that their clients purchase the stock. On average, Wall Street analysts believe that the stock will rise by 45.9% in the next year.

Stock to Watch: Fifth Third Bancorp (NASDAQ: FITB) The stock has a market cap of $17.1B with a dividend payout ratio of 32.8%.  The current dividend yield is 5.3%.  52.0% of Wall Street analysts recommend that their clients purchase the stock. On average, Wall Street analysts believe that the stock will rise by 49.5% in the next year.

Stock to Watch: PNC Financial Services Group, Inc. (NYSE: PNC) The stock has a market cap of $49.4B with a dividend payout ratio of 43.3%.  The current dividend yield is 4.8%.  34.6% of Wall Street analysts recommend that their clients purchase the stock. On average, Wall Street analysts believe that the stock will rise by 33.5% in the next year.

Stock to Watch: Citigroup Inc. (NYSE: C) The stock has a market cap of $86.0B with a dividend payout ratio of 44.1%.  The current dividend yield is 4.6%.  37.0% of Wall Street analysts recommend that their clients purchase the stock. On average, Wall Street analysts believe that the stock will rise by 28.4% in the next year.

NOTE: Inside.com newsletter, event, and website content reflects the opinions of only the authors who are associated persons of Inside.com and do not reflect the views of Inside.com. This content is for informational purposes only, and is not a recommendation of an investment strategy or to buy or sell any security, digital asset (including cryptocurrency) in any account. The content is also not a research report and is not intended to serve as the basis for any investment decision. The content is not legal advice. Any third-party information provided therein does not reflect the views of Inside.com. All investments involve risk including the loss of principal, and past performance does not guarantee future results.

Upcoming events at Inside: March 27 - Inside Interview with Zscaler - Zero Trust Defense Strategies to Take Your Security to the Next Level (Watch On Demand) March 28 - Inside Startups Coffee Break (Register Here) March 30 - A panel on how CTOs balance and prioritize NFRs into their roadmaps (Register Here) * March 30 - Inside.com Book Club - The Creative Act by Rick Rubin (Register Here) April 13 - Inside Interview with Lacework - The Evolution of Cloud Security w/ Ulfar Erlingsson (Watch On Demand) April 18 - Human Resources Summit'23 (Register Here) *This is a sponsored listing.

Liam Gill is a lawyer who grew his tech startup to $35M.  Providing legal information to help entrepreneurs analyze legal issues like a lawyer and building AI-powered legal software to reduce legal costs. If you are an entrepreneur, let's connect on Twitter. Editor Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords.

767 Bryant St. #203, San Francisco, CA 94107 Copyright © 2023 Inside.com

Did someone forward this email to you? Head over to inside.com to get your very own free subscription! You received this email because you subscribed to Inside Business. Click here to unsubscribe from Inside Business list or manage your subscriptions.