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Are Finance Stocks Lagging Bankinter (BKNIY) This Year?

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For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Bankinter SA (BKNIY - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

Bankinter SA is a member of our Finance group, which includes 869 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Bankinter SA is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for BKNIY's full-year earnings has moved 16.1% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, BKNIY has gained about 86.7% so far this year. Meanwhile, the Finance sector has returned an average of 10.1% on a year-to-date basis. This means that Bankinter SA is performing better than its sector in terms of year-to-date returns.

One other Finance stock that has outperformed the sector so far this year is The Charles Schwab Corporation (SCHW - Free Report) . The stock is up 32.3% year-to-date.

For The Charles Schwab Corporation, the consensus EPS estimate for the current year has increased 8.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Bankinter SA belongs to the Banks - Foreign industry, which includes 67 individual stocks and currently sits at #37 in the Zacks Industry Rank. This group has gained an average of 29.1% so far this year, so BKNIY is performing better in this area.

In contrast, The Charles Schwab Corporation falls under the Financial - Investment Bank industry. Currently, this industry has 21 stocks and is ranked #13. Since the beginning of the year, the industry has moved +22.9%.

Investors interested in the Finance sector may want to keep a close eye on Bankinter SA and The Charles Schwab Corporation as they attempt to continue their solid performance.


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