This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Worst Bank Stocks of 2010 Has Some Winners

NEW YORK ( TheStreet) - Even in a year of recovering bank stocks, there have to be some losers.

But the pain has certainly eased-off from the previous two years and there are some quality names among the group, including Washington Federal (WFSL), which has an ample war chest to fund acquisitions and People's United Financial (PBCT - Get Report) which is rapidly expanding.

While there's no common theme among the group, most of them are strongly capitalized and have double-digit upside based on average price targets among analysts polled by Thomson Reuters, with Capitol Federal Financial (CFFN) - a mutual holding company going through a conversion - having the most upside of 42%. Capitol Federal also boasts the highest dividend yield among the group, of 8.29%.

Only four out of the ten holding companies took government assistance through the Troubled Assets Relief Program, or TARP, and two have since repaid the government in full. Of the remaining TARP participants, First Horizon National (FHN - Get Report) priced an offering of common shares on Monday and announced plans to repay the government.

Here are the 10 bank holding companies among the largest 100 by market capitalization with the largest year-to-date decline in share price:


For each of the 10 bank holding companies discussed on the following pages, we'll be looking at capital strength, earnings quality and asset quality. For an explanation of those terms you can click on the box below.

1 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
C $52.90 0.00%
BAC $15.64 0.00%
FHN $14.18 0.00%
JPM $62.60 0.00%
PBCT $15.15 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs