Small-cap financial stocks offer a distinctly different investment thesis than their massive cousins on Wall Street, but one that can be financially rewarding with the right approach. Equities.com's Small-Cap Stars, our proprietary list of small-cap companies with metrics that indicate the highest chance of future success, can help identify which of those growing, small-cap financial companies could be the diamond in the rough that pays off in the long run.
Here are today's top-performing financial stocks from the Small-Cap Stars:
Independence Holding (IHC)
Independence Holding gained 5.35% to $13.2. The gains came on a volume of 19,605 shares against an average daily volume of 13,324 shares. Independence Holding has had a trading range from $14.95 to $11.36 over the last year, its P/E ratio is 18.5, it has a 50-day SMA of $13.81, and a 200-day SMA of $13.35.
Independence Holding Co is an insurance holding company. The Company is engaged in the life and health insurance business. It provides specialized life and health coverage and related services to commercial customers and individuals.
Communityone Bancorp (COB)
Communityone Bancorp gained 4.77% to $9.22. The gains came on a volume of 12,698 shares against an average daily volume of 16,233 shares. Communityone Bancorp has had a trading range from $13.0899 to $8 over the last year, its P/E ratio is 47.7, it has a 50-day SMA of $9.91, and a 200-day SMA of $10.8.
CommunityOne Bancorp through its subsidiaries offers complete line of consumer, wealth management, mortgage & business banking services, including loan, deposit, cash management, investment management & trust services to individual & business customers.
United Insurance Holdings Corp (UIHC)
United Insurance Holdings Corp gained 4.08% to $16.57. The gains came on a volume of 200,604 shares against an average daily volume of 322,049 shares. United Insurance Holdings Corp has had a trading range from $18.56 to $7.19 over the last year, its P/E ratio is 9.9, it has a 50-day SMA of $17.05, and a 200-day SMA of $13.52.
United Insurance Holdings Corp along with its subsidiaries is engaged in the property and casualty insurance business in Florida, South Carolina, and Massachusetts, among others. It also offers reinsurance services.
Newbridge Bancorp (NBBC)
Newbridge Bancorp gained 3.76% to $7.72. The gains came on a volume of 35,415 shares against an average daily volume of 126,021 shares. Newbridge Bancorp has had a trading range from $9.17 to $6.4 over the last year, its P/E ratio is 11.9, it has a 50-day SMA of $7.84, and a 200-day SMA of $7.35.
NewBridge Bancorp is a bank holding Company for NewBridge Bank. The Bank provides a range of banking products to individuals, small to medium-sized businesses and retail clients in its market areas.
Diamond Hill Investment Group Inc. (DHIL)
Diamond Hill Investment Group Inc. gained 3.69% to $131.14. The gains came on a volume of 6,525 shares against an average daily volume of 5,952 shares. Diamond Hill Investment Group Inc. has had a trading range from $134.85 to $98.52 over the last year, its P/E ratio is 18.5, it has a 50-day SMA of $125.48, and a 200-day SMA of $119.15.
Diamond Hill Investment Group Inc sponsors, markets, and provides investment advisory and related services to various U.S. and foreign clients including mutual funds, separate accounts, and private investment funds.
Equities.com's Small-Cap Stars - A Smart Place to Store Your Money
Nailing down precisely which small-cap financial companies offer the best returns over time can be difficult, with a range of assets and liabilities spread over hundreds of balance sheets to consider. However, the Small-Cap Stars system takes the most successful financial small caps of years past, compares them using a complicated statistical regression that utilizes dozens of metrics to create a profile of a successful small-cap financial company prior to its growth, and then identifies which small caps are currently the best fits for that profile.
Given that the financial industry is one where a lot of leverage goes a long way, the screen found some of the most predictive traits to be high levels of total debt, high volatility in stock price, and a high book value of its assets.