Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has FCB Financial Holdings (FCB - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
FCB Financial Holdings is a member of the Finance sector. This group includes 827 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. FCB is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for FCB's full-year earnings has moved 2.27% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that FCB has returned about 17.52% since the start of the calendar year. In comparison, Finance companies have returned an average of -4.20%. This means that FCB Financial Holdings is performing better than its sector in terms of year-to-date returns.
Looking more specifically, FCB belongs to the Banks - Southeast industry, which includes 64 individual stocks and currently sits at #64 in the Zacks Industry Rank. This group has gained an average of 6.11% so far this year, so FCB is performing better in this area.
FCB will likely be looking to continue its solid performance, so investors interested Finance stocks should continue to pay close attention to the company.