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:
Doral Financial Corp. (DRL)
Doral Financial Corp. gained 15.52% to $6.40. The gains came on a volume of 2,479,610 shares against an average daily volume of 1,302,948 shares. Doral Financial Corp. has had a trading range from $24.74 to $1.87 over the last year, it has a 50-day SMA of $4.90, and a 200-day SMA of $10.44.
Doral Financial Corporation is a bank holding company engaged in banking, mortgage banking and insurance agency activities through its wholly-owned subsidiaries.
Ladenburg Thalmann Financial Services Inc. (LTS)
Ladenburg Thalmann Financial Services Inc. gained 6.89% to $3.57. The gains came on a volume of 301,436 shares against an average daily volume of 458,943 shares. Ladenburg Thalmann Financial Services Inc. has had a trading range from $3.90 to $1.61 over the last year, it has a 50-day SMA of $3.25, and a 200-day SMA of $2.90.
Ladenburg Thalmann Financial Services Inc is engaged in independent brokerage and advisory services, investment banking, equity research, institutional sales and trading, asset management services and trust services.
Independence Holding (IHC)
Independence Holding gained 6.32% to $13.80. The gains came on a volume of 17,485 shares against an average daily volume of 11,789 shares. Independence Holding has had a trading range from $14.90 to $11.36 over the last year, its P/E ratio is 17.3, it has a 50-day SMA of $13.57, and a 200-day SMA of $13.28.
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.
Federated National Holding Company (FNHC)
Federated National Holding Company gained 4.02% to $22.00. The gains came on a volume of 285,969 shares against an average daily volume of 284,325 shares. Federated National Holding Company has had a trading range from $26.60 to $8.30 over the last year, its P/E ratio is 8.2, it has a 50-day SMA of $23.38, and a 200-day SMA of $17.46.
Federated National Holding Co. is an insurance holding company controlling all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with independent agents and general agents.
First Natl Cmnty Bncrp Pa (FNCB)
First Natl Cmnty Bncrp Pa gained 3.28% to $5.99. The gains came on a volume of 100 shares against an average daily volume of 1,250 shares. First Natl Cmnty Bncrp Pa has had a trading range from $9.90 to $3.90 over the last year, its P/E ratio is 12.4, it has a 50-day SMA of $6.00, and a 200-day SMA of $6.00.
First National Community Bancorp Inc is a registered bank holding company. It is the parent company of First National Community Bank.
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 creates a profile of a successful small-cap financial company prior to its growth with that regression, 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.
All data provided by QuoteMedia and was accurate as of 4:30 pm ET.