(VIANEWS) – M&T Bank (MTB), Citizens & Northern Corp (CZNC), Premier Financial Corp. (PFC) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. M&T Bank (MTB)
21.3% sales growth and 9.22% return on equity
M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
Earnings Per Share
As for profitability, M&T Bank has a trailing twelve months EPS of $11.35.
PE Ratio
M&T Bank has a trailing twelve months price to earnings ratio of 10.06. Meaning, the purchaser of the share is investing $10.06 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.22%.
Volume
Today’s last reported volume for M&T Bank is 2542620 which is 41.99% above its average volume of 1790580.
Sales Growth
M&T Bank’s sales growth is 65.1% for the current quarter and 21.3% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 63% and 332.4%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 58.4%, now sitting on 7.66B for the twelve trailing months.
2. Citizens & Northern Corp (CZNC)
20.4% sales growth and 9.67% return on equity
Citizens & Northern Corporation operates as the bank holding company for Citizens & Northern Bank that provides a range of banking and mortgage services to individual and corporate customers in North Central Pennsylvania and Southern New York. The company offers deposit products, including various types of checking accounts, passbook and statement savings accounts, money market accounts, interest checking accounts, individual retirement accounts, and certificates of deposits. It also provides lending products comprising mortgage loans, commercial loans, and consumer loans, as well as commercial letters-of-credit. In addition, the company offers trust and financial management services consisting of administration of trusts and estates, retirement plans, and other employee benefit plans; investment management services; and a range of personal and commercial insurance products, as well as mutual funds, annuities, educational savings accounts, and other investment products through registered agents. Further, it reinsures credit and mortgage, life and accident, and health insurance products. The company operates 29 banking offices in Bradford, Bucks, Cameron, Chester, Lycoming, McKean, Potter, Sullivan and Tioga Counties in Pennsylvania, as well as Steuben County in New York; and loan production offices in Elmira, New York and York, and Pennsylvania. Citizens & Northern Corporation was founded in 1864 and is based in Wellsboro, Pennsylvania.
Earnings Per Share
As for profitability, Citizens & Northern Corp has a trailing twelve months EPS of $1.55.
PE Ratio
Citizens & Northern Corp has a trailing twelve months price to earnings ratio of 13.83. Meaning, the purchaser of the share is investing $13.83 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.67%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 8.5% and positive 10.9% for the next.
Yearly Top and Bottom Value
Citizens & Northern Corp’s stock is valued at $21.43 at 11:22 EST, way under its 52-week high of $25.77 and higher than its 52-week low of $20.06.
Sales Growth
Citizens & Northern Corp’s sales growth is 9.6% for the current quarter and 20.4% for the next.
3. Premier Financial Corp. (PFC)
13.3% sales growth and 10.69% return on equity
Premier Financial Corp., through its subsidiaries, provides various banking services. It offers various demand, checking, money market, certificates of deposits, certificates of deposit account registry service, and savings accounts; and investment products. The company also provides residential real estate loans, commercial real estate loans, commercial loans, home improvement and home equity loans, and consumer loans. In addition, it invests in the U.S. treasury and federal government agency obligations, obligations of states and political subdivisions, mortgage-backed securities that are issued by federal agencies, collateralized mortgage obligations, and corporate bonds. Further, the company offers property and casualty, life, and group health insurance agency services; mezzanine funding services; and online banking services, which include mobile banking, People Pay, online bill pay, and online account opening, as well as the MoneyPass ATM network. It operates through 75 banking center offices and 12 loan offices in Ohio, Michigan, Indiana, Pennsylvania, and West Virginia. The company was formerly known as First Defiance Financial Corp. and changed its name to Premier Financial Corp. in June 2020. Premier Financial Corp. was incorporated in 1995 and is headquartered in Defiance, Ohio.
Earnings Per Share
As for profitability, Premier Financial Corp. has a trailing twelve months EPS of $3.52.
PE Ratio
Premier Financial Corp. has a trailing twelve months price to earnings ratio of 6.03. Meaning, the purchaser of the share is investing $6.03 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.69%.
4. Bank of America (BAC)
11.8% sales growth and 10.13% return on equity
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Bank of America has a trailing twelve months EPS of $2.33.
PE Ratio
Bank of America has a trailing twelve months price to earnings ratio of 11.64. Meaning, the purchaser of the share is investing $11.64 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.13%.
Moving Average
Bank of America’s value is way below its 50-day moving average of $33.97 and way below its 200-day moving average of $33.89.
Previous days news about Bank of America(BAC)
- According to CNBC on Wednesday, 22 March, "JPMorgan, Goldman Sachs, Citigroup and Bank of America have all reportedly restricted staff from using the software."
- Bank of America says the next bubble is here. it recommends selling stocks.. According to MarketWatch on Friday, 24 March, "The Bank of America team counted 46 interest rate hikes this year, including by the Swiss National Bank after its rescue of Credit Suisse last week."
- Zacks investment ideas feature highlights: Bank of America, Apple, Microsoft and NVIDIA. According to Zacks on Wednesday, 22 March, "Chicago, IL - March 22, 2023 - Today, Zacks Investment Ideas feature highlights Bank of America (BAC Quick QuoteBAC – Free Report) , Apple (AAPL Quick QuoteAAPL – Free Report) , Microsoft (MSFT Quick QuoteMSFT – Free Report) and Nvidia (NVDA Quick QuoteNVDA – Free Report) ."
5. STMicroelectronics (STM)
9.5% sales growth and 36% return on equity
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The Automotive and Discrete Group segment offers automotive integrated circuits (ICs); and discrete and power transistor products. The Analog, MEMS and Sensors Group segment provides industrial application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs); general purpose analog products; custom analog ICs; wireless charging solutions; galvanic isolated gate drivers; low and high voltage amplifiers, comparators, and current-sense amplifiers; MasterGaN, a solution that integrates a silicon driver and GaN power transistors in a single package; wireline and wireless connectivity ICs; touch screen controllers; micro-electro-mechanical systems (MEMS) products, including sensors or actuators; and optical sensing solutions. The Microcontrollers and Digital ICs Group segment offers general purpose and secure microcontrollers; radio frequency (RF) and electrically erasable programmable read-only memories; and RF, digital, and mixed-signal ASICs. It also provides assembly and other services. The company sells its products through distributors and retailers, as well as through sales representatives. It serves automotive, industrial, personal electronics and communications equipment, and computers and peripherals markets. STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland.
Earnings Per Share
As for profitability, STMicroelectronics has a trailing twelve months EPS of $1.38.
PE Ratio
STMicroelectronics has a trailing twelve months price to earnings ratio of 35.61. Meaning, the purchaser of the share is investing $35.61 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 36%.
6. John Bean Technologies Corporation (JBT)
8.4% sales growth and 16.2% return on equity
John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries. The company operates through JBT FoodTech and JBT AeroTech segments. It offers poultry processing, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, cooking, frying, freezing, weighing, and X-ray food inspection. The company also provides processing solutions for extracting, mixing, blending, pasteurizing, sterilizing, concentrating, high pressure processing, filling, closing, sealing, and final packaging, as well as processing equipment; preservation systems; and packaging systems for poultry, beef, pork, seafood, ready-to-eat meals, fruits, vegetables, dairy, bakery, pet foods, soups, sauces, and juices. In addition, it offers automated guided vehicle systems for material movement in the manufacturing and warehouse facilities; packaging material components, such as metal clips and hanging loops; and aftermarket products, parts, and services. Further, the company provides mobile air transportation equipment, such as commercial and military cargo loading, aircraft deicing, aircraft towing, and aircraft ground power and cooling systems; and airport gate equipment for passenger boarding. Additionally, it offers airport equipment, systems, and facilities maintenance services to domestic and international airport authorities, passenger airlines, airfreight and ground handling companies, military forces, and defense contractors. The company provides its products under the DSI, Stein, THERMoFIN, GYRoCOMPACT, JSO Jet Stream, Double D, Revoband, FLoFREEZE, ADVANTEC, SuperTRAK, and READYGo trademarks; and Frigoscandia and various other brands. It markets and sells its products and solutions through direct sales force, independent distributors, and sales representatives. John Bean Technologies Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, John Bean Technologies Corporation has a trailing twelve months EPS of $4.08.
PE Ratio
John Bean Technologies Corporation has a trailing twelve months price to earnings ratio of 25.74. Meaning, the purchaser of the share is investing $25.74 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.2%.
Sales Growth
John Bean Technologies Corporation’s sales growth is 8.7% for the current quarter and 8.4% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 2, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 0.37%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.4%, now sitting on 2.17B for the twelve trailing months.
Volume
Today’s last reported volume for John Bean Technologies Corporation is 266142 which is 52.78% above its average volume of 174196.
7. Charles Schwab (SCHW)
8.1% sales growth and 15.4% return on equity
The Charles Schwab Corporation, together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, banking and trust, retirement plan, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor and mutual fund clearing services, as well as compliance solutions. The Advisor Services segment offers custodial, trading, banking, and support services; and retirement business and corporate brokerage retirement services. This segment provides brokerage accounts with equity and fixed income, margin lending, options, and futures and forex trading; cash management capabilities comprising third-party certificates of deposit; third-party and proprietary mutual funds; plus mutual fund trading and clearing services; and exchange-traded funds (ETFs), including proprietary and third-party ETFs. It also offers advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. In addition, this segment provides banking products and services, including checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. As of December 31, 2021, the Company had approximately 400 domestic branch offices in 48 states and the District of Columbia, as well as locations in Puerto Rico, the United Kingdom, Hong Kong, and Singapore. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.
Earnings Per Share
As for profitability, Charles Schwab has a trailing twelve months EPS of $2.32.
PE Ratio
Charles Schwab has a trailing twelve months price to earnings ratio of 22.89. Meaning, the purchaser of the share is investing $22.89 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.4%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 8, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1.24%.
Moving Average
Charles Schwab’s value is way under its 50-day moving average of $79.18 and way under its 200-day moving average of $73.66.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 29.9% and 10.3%, respectively.
Previous days news about Charles Schwab(SCHW)
- According to Zacks on Friday, 24 March, "A couple of other brokerage firms that have already come out with monthly data for February are Interactive Brokers Group (IBKR Quick QuoteIBKR – Free Report) and Charles Schwab (SCHW Quick QuoteSCHW – Free Report) ."
8. Alamo Group (ALG)
7.6% sales growth and 13.67% return on equity
Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The company offers hydraulically-powered and tractor-mounted mowers, including boom-mounted mowers; other cutters and replacement parts for heavy-duty and intensive uses; and heavy duty, tractor- and truck-mounted mowing, and vegetation maintenance equipment and replacement parts. It also provides truck-mounted air vacuum, mechanical broom, and regenerative air sweepers; pothole patchers; leaf collection equipment and replacement brooms; parking lot and street sweepers; excavators; catch basin cleaners and roadway debris vacuum systems; truck-mounted vacuum trucks, combination sewer cleaners, and hydro excavators; ice control products; snow plows and heavy duty snow removal equipment, hitches, attachments, and graders; landscape and vegetation maintenance equipment; and public works and runway maintenance products, parts, and services. In addition, the company offers rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades, and replacement parts, as well as zero turn radius mowers; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts; and heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, and replacement parts. Further, it provides tractor attachments; agricultural implements; hydraulic and boom-mounted hedge and grass cutters, and other tractor attachments and implements; hedgerow cutters, industrial grass mowers, and agricultural seedbed preparation cultivators; self-propelled sprayers and multi-drive load-carrying vehicles; cutting blades; hydraulic and mechanical boom mowers; and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.
Earnings Per Share
As for profitability, Alamo Group has a trailing twelve months EPS of $8.54.
PE Ratio
Alamo Group has a trailing twelve months price to earnings ratio of 21.32. Meaning, the purchaser of the share is investing $21.32 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.67%.
Yearly Top and Bottom Value
Alamo Group’s stock is valued at $182.08 at 11:22 EST, under its 52-week high of $186.37 and way higher than its 52-week low of $108.35.
Previous days news about Alamo Group(ALG)
- According to Zacks on Wednesday, 22 March, "Some better-ranked stocks from the Industrial Products sector are OI Glass (OI Quick QuoteOI – Free Report) , Alamo Group (ALG Quick QuoteALG – Free Report) , and Illinois Tool Works (ITW Quick QuoteITW – Free Report) . "
- According to Zacks on Thursday, 23 March, "Some better-ranked stocks from the Industrial Products sector are OI Glass (OI Quick QuoteOI – Free Report) , Alamo Group (ALG Quick QuoteALG – Free Report) , and Illinois Tool Works (ITW Quick QuoteITW – Free Report) . "
