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Is FCB Financial Holdings (FCB) Outperforming Other Finance Stocks This Year?

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Investors focused on the Finance space have likely heard of FCB Financial Holdings , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

FCB Financial Holdings is a member of our Finance group, which includes 827 different companies and currently sits at #9 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. 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 signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, FCB has returned 17.52% so far this year. At the same time, Finance stocks have lost 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, a group that includes 64 individual stocks and currently sits at #64 in the Zacks Industry Rank. On average, this group has gained an average of 6.11% so far this year, meaning that FCB is performing better in terms of year-to-date returns.

Investors with an interest in Finance stocks should continue to track FCB. The stock will be looking to continue its solid performance.