5 Banks Popular Among Gurus

US Bancorp makes the list

Author's Avatar
Jul 27, 2020
Article's Main Image

According to the GuruFocus All-in-One Screener as of July 28, the following banks are popular among gurus.

Truist Financial

Truist Financial Corp. (TFC, Financial) has a market cap of $49.4 billion. Its revenue of $17.9 billion has increased 3.3% over the past 10 years.

e903d13cf8ca9d198da28442c6ed859a.png

The company is held by nine gurus, including Dodge & Cox with 2.06% of outstanding shares, First Eagle Investment (Trades, Portfolio) with 0.94% and Pioneer Investments (Trades, Portfolio) with 0.11%.

As of July 28, the stock was trading with a price-earnings ratio of 11.82. The share price of $36.67 was 35.58% below the 52-week high and 52.73% above the 52-week low. Over the past decade, the stock has gained 43%.

First Hawaiian

First Hawaiian Inc. (FHB, Financial) has a market cap of $2.1 billion. Its revenue of $672 million has increased 3.5% over the past five years.

789f52802f948b47df129e70016abdc2.png

Among the 10 gurus invested in the company, Hotchkis & Wiley is the largest shareholder with 2.3% of outstanding shares, followed by Yacktman Asset Management (Trades, Portfolio) with 2.19% and the Yacktman Fund (Trades, Portfolio) with 1.18%.

As of July 28, the stock was trading with a price-earnings ratio of 8.78. The share price of $16.9 was 45.92% below the 52-week high and 24.63% above the 52-week low. Year to date, the stock has lost 41%.

Investors Bancorp

Investors Bancorp Inc. (ISBC, Financial) has a market cap of $2 billion. Its revenue of $722 million has increased 25.7% over the past decade.

7f719b9b00d5cc8bd7dd8cea6c2d520a.png

The company is held by 10 gurus. The largest guru shareholder is Michael Price (Trades, Portfolio) with 0.52% of outstanding shares. Other notable shareholders are Jim Simons (Trades, Portfolio)’ Renaissance Technologies with 0.51% and Jeremy Grantham (Trades, Portfolio) with 0.42%.

As of July 28, shares were trading with a price-earnings ratio of 11.22. The share price of $8.3 was 34.85% below the 52-week high and 31.54% above the 52-week low. Over the past decade, the stock has gained 59%.

PNC Financial Services

PNC Financial Services Group Inc. (PNC, Financial) has a market cap of $44 billion. Its revenue of $17 billion has risen 1.2% over the past 10 years.

60937b6c307db0ef21faf3a83fee1c64.png

A total of 14 gurus hold the stock. With 2.17% of outstanding shares, Warren Buffett (Trades, Portfolio) is the largest guru shareholder, followed by the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.21% and Pioneer Investments with 0.15%.

On July 28, the stock traded with a price-earnings ratio of 6.44. The share price of $105 was 35.15% below the 52-week high and 32.12% above the 52-week low. Since July 2010, the stock has gained 75%.

U.S. Bancorp

U.S. Bancorp (USB, Financial) has a market cap of $54 billion. Its revenue has increased 3.2% over the past 10 years.

38840e77edffb32181dd3d55340f71f8.png

Twenty-four gurus own the stock. The company’s largest guru shareholder is Buffett with 8.79% of outstanding shares, followed by Chris Davis (Trades, Portfolio) with 0.87% and First Eagle Investment (Trades, Portfolio) with 0.78%.

On July 28, the share price of $36.16 was 40.83% below the 52-week high and 27.5% above the 52-week low. The stock was trading with a price-earnings ratio of 11.36. Over the past 10 years, the stock has gained 54%.

Disclosure: I do not own any stocks mentioned.

Read more here:

Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.