TM
2nd
Toyota Motor
$2.37Tn
181.57
-0.96%
-4.70%
The company operates a financial services segment that provides wholesale financing to dealers and retail installment credit and leasing for vehicle acquisitions. This constitutes a captive finance arm providing specialized vehicle financing.
BRK-B
Berkshire Hathaway
$1.08Tn
502.73
+0.38%
+1.37%
Berkshire Hathaway operates a massive insurance underwriting business through GEICO, BH Primary, and BHRG, writing property and casualty policies. This activity is presented as a core segment that generates significant premiums and provides the 'float' used for the company's broader investment strategy.
JPM
Jpmorgan Chase
$883.45Bn
332.35
-0.29%
+8.06%
JPMorgan Chase is a globally scaled bank that holds a banking charter and takes deposits, with revenue split across retail banking, commercial banking, capital markets, and wealth management. It operates massive segments including Consumer & Community Banking and the Commercial & Investment Bank.
V
Visa
$643.09Bn
360.68
+0.17%
+4.26%
Visa operates VisaNet, a proprietary network that facilitates authorization, clearing, and settlement for global commerce. Its revenue is primarily derived from fees paid for processing transactions on this network, which connects financial institutions and merchants.
MA
Mastercard
$480.84Bn
552.24
+0.32%
-4.35%
Mastercard operates a global payments network that provides switching, authorization, clearing, and settlement of payment transactions. Its primary revenue is generated from fees based on gross dollar volume on cards carrying its brands, which is the core function of a payment network.
BSAC
Banco Santander Chile
$401.52Bn
31.96
-2.05%
+21.29%
Banco Santander Chile is a chartered bank with a concentrated footprint in the Chilean market, providing core banking products such as checking and savings accounts, commercial loans, and residential mortgages. Its revenue is primarily driven by net interest income from these lending activities and deposit-related fees.
CAT
2nd
Caterpillar
$388.70Bn
845.55
+2.32%
+72.36%
Through Cat Financial, the company provides specialty financing, including loans and leases to customers and dealers for equipment purchases.
BAC
Bank Of America
$377.43Bn
53.78
+0.11%
+6.54%
Bank of America is a globally scaled bank that holds a banking charter and takes deposits, with revenue split across retail banking, corporate banking, capital markets, and wealth management. It operates through diverse segments including Consumer Banking and Global Banking, fitting the multi-segment character of a Money Center Bank.
HSBC
Hsbc Holdings
$330.31Bn
96.16
+0.37%
+35.76%
HSBC is a globally scaled universal bank that holds banking charters and takes deposits across multiple regions. Its revenue is split across retail and commercial banking, capital markets, wealth management, and custody/securities services.
LYG
Lloyds Banking
$326.09Bn
5.51
+1.47%
+21.63%
Lloyds Banking Group is a globally scaled bank with a banking charter that operates across multiple segments including retail banking, commercial banking, and wealth management. Its revenue is a mix of net interest income from lending and substantial fee income from insurance and investment services.
MS
Morgan Stanley
$299.17Bn
190.32
+1.23%
+22.55%
Morgan Stanley is a global financial holding company that operates across multiple banking and capital markets lines, including institutional securities, wealth management, and investment management. It holds a banking charter, takes deposits, and earns interest income from loans, fitting the profile of a Money Center Bank.
RY
Royal Bank Of Canada
$274.08Bn
195.68
+0.18%
+33.64%
Royal Bank of Canada is a globally scaled chartered bank that integrates retail and commercial banking with capital markets, wealth management, and insurance. It generates revenue from a mix of net interest income on loans and deposits, as well as substantial fee income across these diverse banking segments.
MUFG
Mitsubishi Ufj Financial
$270.70Bn
22.81
+0.88%
+47.92%
Mitsubishi UFJ Financial Group is a globally scaled bank holding company that operates across multiple banking lines, including retail, commercial, and transaction banking, while also integrating capital markets and wealth management. It holds banking charters through subsidiaries like MUFG Bank and earns significant revenue from net interest income on loans and deposits.
GS
Goldman Sachs
$263.13Bn
902.86
+0.70%
+15.84%
Goldman Sachs is a globally scaled bank holding company with a U.S. depository institution subsidiary (Goldman Sachs Bank USA) that takes deposits. Its revenue is split across multiple banking lines including retail/commercial banking (Marcus, transaction banking), capital markets (FICC and Equities intermediation), and wealth management.
WFC
Wells Fargo & Company
$243.64Bn
80.45
+0.21%
-0.06%
Wells Fargo is a globally scaled bank holding company that holds a banking charter and takes deposits, with revenue split across retail banking, commercial banking, capital markets, and wealth management. It operates massive segments including Consumer Banking and Lending and Corporate and Investment Banking, fitting the multi-segment character of a Money Center Bank.
IBM
2nd
International Business Machines
$209.74Bn
222.62
-1.35%
-22.36%
The Financing segment provides loans and leasing options specifically to enable clients to acquire IBM's own hardware, software, and services, acting as a captive finance arm.
AXP
American Express
$204.37Bn
302.77
+0.23%
-8.38%
American Express is a globally scaled bank that operates across multiple banking business lines, including retail and commercial card issuing, deposit accounts (savings and checking), and a global payment network. It holds a banking charter and takes deposits, fitting the multi-segment character of a Money Center Bank.
TD
Toronto Dominion Bank
$199.12Bn
117.86
+0.22%
+48.01%
Toronto Dominion Bank is a globally scaled institution with a banking charter that integrates retail and commercial banking with capital markets, wealth management, and insurance. It generates revenue from net interest income on deposits and loans alongside substantial fee income from its diversified wholesale and wealth segments.
SAN
Banco Santander
$196.25Bn
13.36
+0.68%
+31.50%
Banco Santander is a globally scaled banking institution that operates across multiple banking business lines, including retail and commercial banking, asset management, and advisory services. It holds a banking charter, takes deposits, and generates revenue from a mix of net interest income and substantial fee income.
QCOM
2nd
Qualcomm
$195.41Bn
184.87
+1.53%
+9.49%
Through its QSI segment and Qualcomm Ventures, the company makes strategic investments in early-stage companies across AI, 5G, and automotive sectors, holding equity securities and convertible debt.
DE
2nd
Deere
$185.30Bn
687.26
+2.98%
+48.82%
Through its Financial Services segment, Deere provides non-bank financing, including retail notes, revolving charge accounts, and leases to support the sale of its equipment to dealers and end-users.
SCHW
Schwab Charles
$167.23Bn
96.70
-1.74%
+4.31%
Schwab is a savings and loan holding company that operates a banking business with 2.2 million accounts and generates significant net interest income. It is a globally scaled institution that combines retail and commercial banking with capital markets, wealth management, and custody services.
BLK
BlackRock
$164.13Bn
1,058.93
-0.56%
-8.76%
BlackRock is the world's largest investment management firm, managing active and index strategies, ETFs (iShares), and mutual funds for institutional and retail clients. Its primary revenue is generated through investment management fees calculated as a percentage of assets under management.
UBS
UBS Group AG
$159.46Bn
47.72
+0.32%
+18.29%
UBS is a globally scaled universal bank that holds a banking charter and takes deposits, with revenue split across retail/corporate banking, wealth management, asset management, and investment banking. It operates as Switzerland's leading universal bank and provides a comprehensive suite of banking and capital markets services.
BBVA
Banco Bilbao Vizcaya Argentaria
$153.91Bn
26.96
+0.33%
+41.30%
BBVA is a globally scaled bank with a banking charter that takes deposits and operates across multiple segments including retail, commercial, corporate and investment banking, and wealth management. Its revenue is a mix of net interest income from lending and substantial fee income from its diversified global operations in Spain, Mexico, Turkey, and South America.
RACE
2nd
Ferrari
$144.10Bn
388.21
+0.26%
-22.99%
Through Ferrari Financial Services, the company provides retail client financing for the purchase of current, pre-owned, and classic Ferrari models.
HMC
2nd
Honda Motor
$142.11Bn
31.35
-0.85%
+2.62%
Honda operates a Financial services business that provides retail lending, leasing to customers, and wholesale financing to dealers to support the sale of its vehicles.
CB
Chubb
$127.58Bn
330.84
-0.13%
+17.58%
Chubb is one of the largest global property and casualty insurers, generating the majority of its revenue from P&C underwriting income across commercial, personal, and agricultural lines. It provides coverage for property damage and liability risks, including specialized lines such as directors and officers, aviation, and energy.
PGR
Progressive
$122.25Bn
210.28
-0.35%
-13.64%
Progressive underwrites property and casualty insurance, specifically providing coverage for personal and commercial auto, homeowners, condo, renters, and general liability. Its revenue is primarily derived from collecting insurance premiums from these policyholders.
COF
Capital One Financial
$119.47Bn
194.74
+0.12%
-8.91%
Capital One is a globally scaled bank that holds a banking charter (Capital One National Association) and takes deposits, while operating across multiple banking segments including retail, commercial banking, and capital markets. Its revenue is a mix of net interest income from lending and substantial fee income from its credit card and payment network businesses.
HDB
Hdfc Bank
$114.68Bn
22.35
-2.57%
-34.44%
HDFC Bank is a globally scaled private sector bank that holds a banking charter, takes deposits, and operates across multiple banking lines including retail, wholesale, and treasury services. Its revenue is a mix of net interest income from loans and substantial fee income from cash management, trade services, and credit cards.
SPGI
S&P Global
$113.90Bn
386.35
-0.49%
-14.32%
S&P Global's core business is the production and licensing of financial data, credit ratings, and indices. This is evidenced by its S&P Global Ratings segment, which provides credit ratings on debt issuers, and S&P Dow Jones Indices, which provides valuation and index benchmarks for institutional investors.
CM
Canadian Imperial Bank Of Commerce
$102.84Bn
110.99
+0.94%
+37.48%
CIBC is a large, globally scaled chartered bank that takes deposits and operates across multiple banking lines, including retail, commercial, wealth management, and capital markets. Its revenue is a mix of net interest income from loans and substantial fee income from its diversified segments.
ADP
2nd
Automatic Data Processing
$102.51Bn
257.68
-2.38%
-11.10%
ADP earns revenue from investment management services offered to retirement plan clients, managing these assets as part of its retirement administration offerings.
HOOD
Robinhood Markets
$101.35Bn
112.74
+1.43%
-22.62%
Robinhood provides a digital platform for individual investors to trade stocks, ETFs, and options. Its primary revenue is generated from payment for order flow (PFOF) and margin interest from retail users managing their own portfolios.
ING
Ing Groep
$100.89Bn
34.76
+1.58%
+34.73%
ING is a globally scaled universal bank with a banking charter that takes deposits and operates across multiple banking lines, including retail, commercial, and wholesale banking. Its revenue is a mix of net interest income from lending and substantial fee income from wealth management, capital markets, and transaction banking.
BNY
Bank of New York Mellon
$98.65Bn
145.39
+1.03%
+36.67%
The company is a global leader in the custody market, generating significant revenue from the safekeeping of securities, fund administration, and accounting for institutional investors like pension funds and insurance companies.
SMFG
Sumitomo Mitsui Financial
$97.26Bn
25.41
+0.55%
+55.99%
Sumitomo Mitsui Financial Group is a globally scaled financial group that holds a banking charter and takes deposits, with revenue split across retail banking, commercial banking, capital markets, and wealth management. Its operations span wholesale, retail, and global business units, fitting the multi-segment character of a money center bank.
ITUB
Itau Unibanco Holding
$94.72Bn
8.59
+1.78%
+24.31%
Itaú Unibanco is a globally scaled bank with a banking charter that integrates retail and commercial banking with capital markets, wealth management, and card issuing. Its revenue is a mix of net interest income from loans and substantial fee income across these diversified banking segments.
CME
Cme
$94.54Bn
263.14
-0.74%
-0.86%
CME Group operates multiple exchanges for futures, options, and cash markets, and serves as a central counterparty clearing provider. Its revenue is primarily driven by trading and clearing fees from contracts executed on its exchanges and cleared through its clearing house.
HPE
2nd
Hewlett Packard Enterprise
$92.09Bn
69.34
+7.35%
+183.25%
The Financial Services segment provides non-bank financing, leasing, and asset management services to support the deployment of technology hardware and software.
USB
Us Bancorp
$89.59Bn
57.50
+0.21%
+20.02%
U.S. Bancorp is a globally scaled bank that holds a banking charter and takes deposits, with revenue split across retail and commercial banking, capital markets, wealth management, and payment services. It competes directly with other money center banks like JPMorgan Chase and Bank of America.
PNC
Pnc Financial Services
$88.19Bn
221.07
+0.14%
+11.56%
PNC is a globally scaled bank with a banking charter that takes deposits ($440.9 billion) and operates across multiple banking lines including retail, corporate, and institutional banking. Its revenue is a mix of net interest income from loans and substantial fee income from wealth management and capital markets.
AMUB
Ubs Ag
$84.46Bn
21.89
+0.83%
+19.03%
UBS is described as a global financial institution with a diversified suite of products including lending, investment advisory, and wealth management. It operates as a large-scale bank that generates revenue from both net interest income (loans and debt instruments) and substantial fee-based income from client services.
ICE
Intercontinental Exchange
$84.23Bn
150.15
-0.88%
-6.73%
The company operates regulated marketplaces for the listing, trading, and clearing of derivatives and securities, including the New York Stock Exchange and global futures networks. It generates significant revenue from transaction fees, listing fees, and clearing services.
BX
Blackstone
$84.08Bn
111.72
-0.48%
-32.93%
Blackstone is described as the world's largest alternative asset manager, managing pooled capital across private equity, infrastructure, and hedge funds. Its revenue model is based on management fees and performance revenues (carried interest) from these illiquid and non-public strategies.
BN
Brookfield
$82.97Bn
36.92
+1.04%
-18.75%
Brookfield operates a massive asset management business managing over $1 trillion in assets, earning revenue through management fees, performance fees, and carried interest from private funds and perpetual strategies. It manages illiquid real assets, private equity, and infrastructure for institutional and high-net-worth investors.
BCS
Barclays
$82.16Bn
23.70
+0.25%
+14.88%
Barclays is a globally scaled universal bank that holds banking charters and takes deposits across multiple segments, including retail, commercial, and investment banking. Its revenue is diversified across net interest income from deposits and substantial fee income from capital markets and wealth management.
MRSH
Marsh & Mclennan Companies
$81.29Bn
170.07
-1.05%
-14.78%
The company's largest revenue driver is its Risk and Insurance Services segment, specifically Marsh Risk and Guy Carpenter, which act as intermediaries providing insurance and reinsurance broking. They earn revenue through brokerage commissions paid by insurers and reinsurers for placing policies and treaty/facultative reinsurance.
KKR
Kkr
$81.05Bn
90.28
-1.07%
-27.56%
KKR is a leading global alternative asset manager that manages pooled capital across Private Equity, Real Assets, and Credit and Liquid Strategies. It generates revenue through management fees and carried interest from institutional and high-net-worth investors.
WEBNF
Westpac Banking
$77.81Bn
22.75
-3.72%
-6.88%
Westpac is described as a major financial institution with a diverse client base spanning retail, corporate, and wholesale segments. Its revenue is split across multiple banking lines, including interest income from loan and deposit portfolios and fee-based revenue from transaction processing and advisory services.
MCO
Moodys
$76.48Bn
441.59
-1.31%
-8.42%
Moody's operates as a global risk assessment firm providing credit ratings, research, and economic analysis. Its Moody's Investors Service segment earns significant revenue from issuing credit ratings on debt securities and providing financial instruments pricing.
INTU
2nd
Intuit
$75.44Bn
281.08
-0.60%
-58.78%
Through Credit Karma, Intuit provides consumers with credit scores, credit monitoring, and tools to support credit building, which matches the activity of selling credit and identity data.
TRV
Travelers Companies
$75.19Bn
360.46
-0.29%
+28.72%
The company is a holding company that provides commercial and personal property and casualty insurance, including workers compensation, commercial automobile, and homeowners insurance. It generates revenue primarily from net written premiums collected on these policies.
MFC
Manulife Financial
$73.16Bn
42.96
+0.89%
+36.77%
Manulife is one of the largest life insurers in North America and generates primary revenue through insurance premiums from life, health, and disability insurance and annuity products. It provides these services across its Asia, Canada, and U.S. segments to individuals and employer groups.
NWG
NatWest
$72.69Bn
17.67
+1.55%
+23.74%
NatWest is a globally scaled bank with a banking charter that takes deposits and operates across multiple banking business lines, including retail, commercial, wealth management, and institutional finance. Its revenue is a mix of net interest income from lending and substantial fee income from wealth management and trading activities.
BAM
Brookfield Asset Management
$71.64Bn
44.85
+0.63%
-21.02%
Brookfield Asset Management is a global alternative asset manager that manages pooled capital in illiquid strategies including private equity, infrastructure, real estate, and private credit. It earns revenue through base management fees and performance income such as carried interest from institutional and high-net-worth investors.
CVNA
2nd
Carvana
$70.11Bn
63.76
+1.13%
-19.23%
The company generates additional revenue through in-house financing offered via its proprietary loan origination platform, extending credit directly to consumers for vehicle purchases.
UPS
2nd
United Parcel Service
$69.70Bn
93.01
-0.94%
+8.69%
UPS sells insurance offerings specifically designed to protect shipments against loss or damage, taking on the risk of financial loss for these insured events.
GM
2nd
General Motors
$68.70Bn
78.29
-1.31%
+31.89%
Through GM Financial, the company provides commercial lending to dealers, including floorplan financing for vehicle inventory and loans for dealership facility improvements.
DB
Deutsche Bank Aktiengesellschaft
$66.54Bn
34.97
-0.43%
-0.85%
Deutsche Bank is a global universal bank that holds a banking charter, takes deposits, and operates across multiple banking lines including retail, corporate, investment banking, and wealth management. Its revenue is a mix of net interest income from lending and substantial fee income from its diverse global segments.
APO
Apollo Global Management
$65.67Bn
114.01
-0.31%
-10.39%
Apollo is a global alternative asset manager that manages pooled capital across credit and equity strategies for institutional investors, sovereign wealth funds, and high-net-worth individuals. It generates revenue through management fees on assets under advisory and performance-related income (carried interest).
SNTUF
Santander UK
$65.21Bn
2.10
+0.00%
+24.26%
Santander UK is a ring-fenced bank that takes deposits through current and savings accounts and lends within the UK geographic footprint. Its revenue is primarily driven by net interest income from mortgages, personal loans, and business lending.
NU
Nu Holdings
$64.91Bn
13.43
+1.13%
-11.76%
Nu Holdings operates as a large-scale digital bank holding a banking charter that takes deposits and offers a diversified suite of banking services including retail and SME credit, savings accounts, and payment services. Its scale as the largest private financial institution in Brazil and its multi-segment revenue from net interest income and fees across retail and commercial banking qualify it as a Money Center Bank.
WPM
Wheaton Precious Metals
$61.89Bn
136.32
+2.19%
+24.12%
Wheaton operates as a streaming and royalty company, which is a form of alternative asset management where it provides upfront capital to mining companies in exchange for the right to purchase future production at a discount. This is a non-public, illiquid financing strategy that earns returns through the spread between the fixed purchase price and the market sale price of the metals.
MET
Metlife
$60.22Bn
94.42
+0.06%
+16.09%
MetLife generates its primary revenue from insurance premiums collected on life and annuity policies. Its Retirement and Income Solutions segment specifically provides life and annuity based insurance products, including institutional income annuities and pension risk transfers.
AJG
Arthur J. Gallagher
$57.98Bn
226.21
-2.48%
-26.71%
The company operates a massive brokerage segment providing insurance and reinsurance brokerage services to commercial, nonprofit, and public sector entities. It generates revenue primarily through commissions and fees for placing various lines of insurance, such as aviation, general liability, and cyber liability, without underwriting the risk itself.
PCAR
2nd
Paccar
$57.73Bn
109.68
-0.24%
+10.70%
The company operates a Financial Services segment that provides retail loans, leases, and dealer inventory financing specifically for its commercial truck equipment. This captive finance arm accounts for roughly 8% of total net sales and 51% of total assets.
AON
Aon
$57.16Bn
269.45
-2.38%
-25.30%
Aon operates as a leading global insurance broker, earning revenue from commissions and fees for placement services from insurance and reinsurance carriers. Its Commercial Risk Solutions and Reinsurance Solutions segments focus on brokerage and consulting to help clients manage risk transfer.
ALL
Allstate
$56.84Bn
223.77
-0.32%
+6.55%
Allstate is one of the largest personal lines insurers in the US, underwriting private passenger auto, homeowners, and commercial property and casualty insurance. Its primary revenue is generated from insurance premiums earned through these underwriting activities.
TFC
Truist Financial
$56.76Bn
46.46
+0.37%
+2.43%
Truist operates as a chartered bank with a defined geographic footprint across several U.S. states, providing core banking products such as checking and savings accounts, commercial and industrial loans, and residential mortgages. Its revenue is primarily driven by net interest income from these loans and deposit-related fees.
MSTR
2nd
Strategy
$56.32Bn
160.01
-0.31%
-54.59%
The company operates a Bitcoin Treasury business where it issues preferred stock and 'digital credit' instruments to provide investors exposure to its holdings. This involves structuring novel fixed-income and credit instruments to generate value from its balance sheet.
AFL
Aflac
$56.03Bn
111.55
+0.35%
+0.86%
Aflac underwrites supplemental insurance policies covering accident, disability, critical illness, hospital indemnity, dental, and vision risks. It generates revenue from premiums paid by policyholders for these property and liability-style health and accident events.
O
2nd
Realty Income
$51.22Bn
54.13
+1.12%
-9.90%
The company maintains a credit investment segment where it earns income from loan and preferred equity investments. These non-bank financing activities represent a substantive business line used to generate additional yield and hedge against interest rates.
NDAQ
Nasdaq
$50.77Bn
90.33
-1.46%
+3.42%
Nasdaq operates 19 exchanges covering equities, options, fixed income, and commodities, earning revenue from trading, clearing, and settlement fees. It provides the venue and plumbing for financial instruments to be listed and traded, which is the core definition of an exchange.
PSA
2nd
Public Storage
$49.85Bn
283.85
-0.08%
-1.84%
The company provides bridge lending financing to third-party self-storage owners, with a reported bridge loan receivable balance of $142.1 million.
STT
State Street
$48.31Bn
175.87
+0.73%
+52.77%
State Street is one of the world's largest custodial banks, providing global custody, fund administration, and accounting services to institutional investors. Its Investment Servicing segment generates significant revenue from these back- and middle-office solutions for mutual funds, insurance companies, and sovereign wealth funds.
COIN
2nd
Coinbase Global
$48.27Bn
183.00
-3.32%
-50.82%
The company operates multiple trading venues, including Coinbase Exchange and Coinbase International Exchange, where it facilitates the trading, custody, and settlement of digital assets for both retail and institutional clients.
GGAL
Grupo Financiero Galicia
$47.56Bn
35.89
-0.50%
+28.41%
Grupo Financiero Galicia is a large-scale financial platform that holds a banking charter through Banco Galicia and takes deposits. Its revenue is split across multiple banking and financial lines, including retail and wholesale banking, credit cards (Tarjetas Regionales), asset management (Galicia Asset Management), and insurance (Sudamericana Holding).
F
2nd
Ford Motor
$47.39Bn
12.10
-1.47%
-0.98%
Ford Credit provides automotive financing and leasing products to dealers and consumers, generating revenue from retail installment sale contracts, finance leases, and dealer financing programs.
FRFHF
Fairfax Financial Holdings
$47.36Bn
1,560.00
+0.65%
-10.99%
Fairfax operates a Property and Casualty Insurance segment that underwrites commercial property, liability, automobile, and specialty coverages for businesses and individuals. This is a core driver of its revenue through premiums collected from policyholders.
FITB
Fifth Third Bancorp
$46.14Bn
50.89
+0.93%
+15.08%
Fifth Third Bancorp is a chartered bank holding company with a deposit and lending franchise concentrated in the Midwestern and Southeastern United States. It generates primary revenue from interest income on loans and deposit fees, offering core products like checking and savings accounts to retail and commercial customers.
FNV
Franco Nevada
$46.13Bn
239.26
+1.47%
+9.98%
Franco-Nevada operates as a royalty and streaming company, managing a portfolio of cash-flow producing assets and providing capital to mining operations in exchange for a share of production. This matches the profile of an alternative asset manager managing illiquid, real-asset strategies for the purpose of generating returns from commodity production.
PYPL
2nd
PayPal Holdings
$45.51Bn
52.80
-0.49%
-23.40%
Through its Consumer segment and Venmo, PayPal enables users to send and receive money between friends and family and generates revenue from foreign currency conversions and instant transfers.
ATMP
Barclays Bank
$45.42Bn
34.60
+0.38%
+21.02%
Barclays Bank PLC is a globally scaled chartered bank that takes deposits and operates across multiple banking lines, including retail, corporate, and investment banking. Its revenue is a mix of net interest income from loans and substantial fee income from its diversified global operations.
VOD
2nd
Vodafone Group Public
$44.53Bn
16.82
+2.69%
+47.29%
Vodafone operates significant FinTech services with over 59 million users, specifically providing mobile money services like M-Pesa and Vodafone Cash for payments and transfers.
KB
KB Financial
$44.41Bn
123.85
+1.48%
+50.52%
KB Financial Group is a large-scale financial holding company that operates a chartered bank (Kookmin Bank) and is materially diversified across retail/commercial banking, capital markets (KB Securities), wealth management (KB Asset Management), and insurance (KB Insurance and KB Life Insurance).
SLF
Sun Life Financial
$44.23Bn
78.57
+1.17%
+30.65%
Sun Life Financial is primarily an insurance organization that underwrites individual and group life insurance and sells annuity products. It generates significant revenue from insurance premiums and manages long-duration liabilities associated with these contracts across its Canada, Asia, and US segments.
RKT
Rocket Companies
$43.94Bn
11.70
-2.26%
-36.31%
Rocket Mortgage is the company's flagship business and the nation's largest mortgage originator and servicer. The company generates its primary revenue from the gain on sale of mortgage loans and loan servicing income.
AMP
Ameriprise Financial
$43.37Bn
490.99
-0.76%
+0.07%
The company's leading position is based on its large advisor franchise of over 10,000 financial advisors providing personalized financial planning and advice to retail clients. This is a core business line generating fee-based advisory fees from individuals and households.
ARES
Ares Management
$42.35Bn
117.57
+0.81%
-21.94%
Ares Management is a global alternative investment manager that manages pooled capital across private equity, private credit, and real assets for institutional and high-net-worth investors. Its revenue is primarily derived from management fees and performance-based fees such as carried interest.
IX
Orix
$41.70Bn
37.10
-0.64%
+45.32%
ORIX's core revenue is generated from interest and fee income from its extensive leasing and lending portfolios, specifically automobile, equipment, aircraft, and ship finance. These activities are conducted as non-bank financing in specialized niches, fitting the description of Specialty Finance.
BMA
Macro Bank
$41.33Bn
64.64
-1.30%
+54.31%
Banco Macro S.A. is a chartered bank in Argentina that takes deposits and provides loans to individuals and companies within a specific regional footprint. Its core revenue is derived from net interest income on savings and checking accounts, personal loans, and corporate loans.
BSBR
Banco Santander (Brasil)
$40.27Bn
5.39
+0.94%
-0.92%
Banco Santander (Brasil) is a large-scale bank with a nationwide presence in Brazil and global integration, operating across multiple banking lines including retail, commercial, and global wholesale banking. It holds a banking charter, takes deposits, and generates substantial revenue from both net interest income and fee-based services across these diverse segments.
IBKR
Interactive Brokers
$39.79Bn
88.30
+2.90%
+24.45%
Interactive Brokers provides an automated platform for individual investors to buy and sell stocks, options, futures, and ETFs, earning revenue from commissions, margin interest, and account fees. The profile explicitly identifies its competition as discount brokerages like Charles Schwab and ETRADE.
AIG
American International
$39.32Bn
74.94
-0.69%
-5.90%
AIG earns the majority of its revenue from insurance premiums across its North America Commercial, International Commercial, and Global Personal segments. It underwrites property, casualty, financial lines, and global specialty risks (marine, aviation, energy) for individuals and multinational corporations.
MSCI
Msci
$38.99Bn
536.29
-1.72%
-4.37%
MSCI provides research-based data, analytics, and index families (such as equity, fixed income, and thematic indexes) to global investors. Its revenue is derived from recurring subscriptions and asset-based fees for these indices and risk analytics tools like Barra and RiskMetrics.
PRU
Prudential Financial
$38.85Bn
112.60
-0.47%
+10.46%
Prudential operates multiple insurance segments, including Individual Life and International Businesses, which sell variable, universal, and term life insurance and annuity products. It generates significant revenue from premiums, policy charges, and investment income from assets supporting these customer liabilities.
BBD
Bank Bradesco
$38.51Bn
3.64
+3.70%
+14.83%
Banco Bradesco is a globally scaled bank with a banking charter that takes deposits and operates across multiple banking lines, including retail, commercial, and capital markets. Its revenue is split between net interest income from loans and substantial fee income from banking, asset management, and brokerage services.
DHI
2nd
Horton D R
$37.89Bn
134.98
-1.50%
-21.28%
The company operates a financial services segment through DHI Mortgage, which earns fees from mortgage origination.
SHG
Shinhan Financial
$37.22Bn
78.00
+1.79%
+55.25%
Shinhan Financial Group is a globally scaled financial institution that holds banking charters through Shinhan Bank and Jeju Bank. Its revenue is split across multiple banking and financial lines, including retail and commercial banking, credit cards, securities, and insurance.
PAYX
2nd
Paychex
$35.22Bn
98.94
-1.88%
-19.83%
The company operates an insurance brokerage business, providing insurance solutions and brokerage services to its clients as a substantive revenue stream.
BAP
Credicorp
$35.20Bn
372.97
-1.45%
+43.95%
Credicorp operates as a financial services holding company with a massive banking charter through BCP, providing retail and wholesale banking, loans, and deposits. It fits F-02 because it is nationally/regionally scaled and materially diversified across banking, wealth management, insurance, and capital markets.
HIG
Hartford Insurance
$34.14Bn
126.04
+0.20%
-5.19%
The company's primary revenue is generated through insurance premiums from property and casualty policies, including workers compensation, general liability, commercial property, and homeowners insurance. It operates dedicated Business Insurance and Personal Insurance segments that underwrite these risks directly for business and individual customers.
RPRX
Royalty Pharma
$32.87Bn
57.16
-0.82%
+56.65%
Royalty Pharma operates as a non-bank commercial lender/financier that originates and holds specialized assets (biopharmaceutical royalties) on its own balance sheet. It generates revenue from royalty receipts and milestones from partners like Vertex and GSK, funded by its own capital deployment rather than retail deposits.
ACGL
Arch Capital
$31.94Bn
93.60
-0.70%
+5.07%
Arch Capital operates a substantial insurance segment providing property casualty and specialty lines through subsidiaries like Arch Insurance and Arch Specialty. It writes admitted and non-admitted policies for individual policyholders, SMEs, and large corporations.
MTB
M&T Bank
$31.65Bn
219.18
+0.84%
+12.04%
M&T Bank operates as a regional bank with a branch and ATM network concentrated in the Northeast and Mid-Atlantic regions. It generates revenue primarily through net interest income from retail and commercial loans, as well as deposits from individual and business customers.
NTRS
Northern Trust
$31.37Bn
171.40
+1.30%
+28.64%
Northern Trust's Asset Servicing segment is a core driver of its business, providing global custody, fund administration, and securities lending to institutional investors like pension funds and sovereign wealth funds, with $17.4 trillion in assets under custody/administration.
PUK
Prudential
$31.30Bn
24.57
-0.49%
-10.59%
Prudential's core business is providing life insurance, health protection, and savings products across Asia and Africa. It generates primary revenue through premiums from life insurance policies and products like the Entrust Multi-Currency Plan and Indexed Universal Life Plans.
HBAN
Huntington Bancshares
$30.97Bn
15.33
+0.92%
-10.04%
Huntington Bancshares is a regional bank holding company operating in the Midwest (Ohio, Michigan, Pennsylvania, etc.) that provides core banking products including checking and savings accounts, commercial loans, and residential mortgages. Its revenue is primarily driven by net interest income on loans and investments and deposit fees.
RJF
Raymond James Financial
$30.40Bn
158.21
-0.96%
-4.96%
Raymond James is a financial holding company that holds a banking charter and takes deposits through its Bank segment, while simultaneously operating material businesses in capital markets, wealth management, and asset management. This multi-segment character combined with its banking charter fits the definition of a Money Center Bank.
CBOE
Cboe Global Markets
$28.34Bn
271.06
-2.27%
+12.24%
Cboe operates as a global derivatives and securities exchange network, running the largest options exchange and the third largest equities exchange operator in the U.S. Its primary revenue is generated from transaction and clearing fees on its exchanges, as well as listing fees for exchange traded products.
NMR
Nomura Holdings
$28.23Bn
9.73
+0.00%
+37.04%
Nomura Holdings is a globally scaled financial group that holds banking charters (Nomura Bank Luxembourg S A) and integrates multiple banking and capital markets lines, including retail/wealth management, wholesale banking, and investment banking.
EXR
2nd
Extra Space Storage
$28.15Bn
133.24
+0.08%
-5.82%
Through a wholly owned subsidiary, the company operates a tenant reinsurance segment that assumes risk for loss of goods stored by tenants and collects premiums.
CFG
Citizens Financial
$27.19Bn
64.32
+0.99%
+21.40%
Citizens Financial operates as a regional bank with over 1,000 branches across 14 states, providing core banking products like checking, savings, and commercial loans. Its revenue is primarily driven by net interest income from its loan and lease portfolio and interest-bearing deposits.
WTW
Willis Towers Watson
$26.80Bn
288.61
-1.03%
-16.53%
The company operates a 'Risk & Broking' segment that provides insurance brokerage and risk advice to clients ranging from small businesses to multinational corporations. It generates revenue through commissions and fees for placing insurance and managing risk, acting as an intermediary between buyers and carriers.
CPAY
2nd
Corpay
$25.91Bn
394.64
+1.17%
+37.51%
The company explicitly provides cross border payments as part of its Corporate Payments segment to help businesses streamline vendor payments globally.
WRB
Berkley W R
$25.60Bn
68.99
+0.12%
-9.44%
W. R. Berkley is a leading insurance holding company that underwrites property and casualty insurance, including general liability, professional liability, and workers' compensation. It generates revenue primarily through premiums collected from these commercial and specialty personal lines policies.
FNMA
Federal National Mortgage Association Fannie Mae
$25.52Bn
4.35
+2.11%
-65.42%
Fannie Mae purchases residential mortgage loans from lenders and packages them into mortgage-backed securities for sale to investors. Its primary revenue comes from guaranty fees for assuming credit risk on these mortgage loans and net interest income from its retained mortgage portfolio.
LPLA
LPL Financial Holdings
$24.92Bn
316.44
+1.37%
+1.13%
LPL operates as the nation's largest independent broker-dealer, generating significant revenue from commission revenue on trades, mutual fund distributions, and annuity sales. Its core business is providing a platform for over 32,000 financial advisors to facilitate the buying and selling of securities for individual investors.
CINF
Cincinnati Financial
$24.86Bn
161.95
-0.12%
+0.90%
The company's main business is property casualty insurance, providing coverage for business property, liability, automobiles, and homeowners. In 2025, its commercial and personal lines segments contributed the vast majority of its consolidated total revenues.
AER
2nd
AerCap Holdings
$24.10Bn
144.40
+0.33%
+16.24%
The company operates as a non-bank financial entity providing specialized aircraft and helicopter leasing, including finance leases and purchase and leaseback arrangements through its Milestone subsidiary.
PFG
Principal Financial
$24.03Bn
111.96
-0.25%
+32.87%
Principal Financial's core business involves managing wealth and retirement savings through mutual funds, individual variable annuities, and a dedicated Principal Asset Management division that serves institutional and retail investors.
TW
Tradeweb Markets
$23.93Bn
102.22
-1.05%
-5.34%
Tradeweb operates electronic marketplaces and trading venues for fixed income, equities, and money markets, providing the plumbing for trade execution. It generates revenue through transaction-based fees and listing/access fees from institutional, wholesale, and retail clients.
AFRM
Affirm Holdings
$23.86Bn
70.77
+0.48%
-8.60%
Affirm originates and services consumer installment loans and buy now pay later (BNPL) products, generating revenue from interest income on these loans. It extends credit directly to consumers across the credit spectrum, from near prime to subprime borrowers.
FISV
2nd
Fiserv
$23.59Bn
44.36
-2.25%
-64.73%
Fiserv operates and provides access to payment networks such as Accel, STAR, and MoneyPass, which function as the rails for authorizing and settling electronic payments.
SYF
Synchrony Financial
$23.33Bn
71.79
+0.36%
+2.15%
Synchrony Financial originates and services consumer credit products, specifically credit cards and consumer installment loans, for individual consumers. Its revenue is primarily derived from interest and fees on these loans and interchange revenue, and it does not operate as a deposit-taking bank.
RF
Regions Financial
$23.09Bn
27.10
+0.52%
+3.44%
Regions Financial operates as a regional bank with a strong deposit franchise concentrated in the South, Midwest, and Texas. Its core revenue is derived from net interest income on loans and deposits through its subsidiary, Regions Bank.
TROW
Price T Rowe
$22.32Bn
104.62
-1.14%
+2.86%
T. Rowe Price is a global investment management firm that manages mutual funds and separate accounts for individual and institutional clients. Its revenue is primarily generated through investment advisory fees calculated as a percentage of assets under management (AUM).
SNX
2nd
Td Synnex
$22.21Bn
278.35
+2.42%
+69.70%
The company generates revenue from financing arrangements extended to resellers and end users, including third-party leasing, floor plan financing, and device-as-a-service offerings.
PHM
2nd
Pultegroup
$21.69Bn
115.72
-0.54%
-14.21%
The company operates a financial services segment that originates mortgage loans for homebuyers and sells those loans to secondary market investors.
L
Loews
$21.68Bn
106.03
+0.91%
+4.29%
Loews Corporation's primary revenue is generated through CNA Financial Corporation, which provides commercial property and casualty insurance, including surety and warranty products, to businesses and professionals.
TEFOF
2nd
Telefonica S A
$21.55Bn
3.80
-0.52%
-28.71%
Telefónica operates financial technology ventures and digital wallets, specifically Vivo Pay and payment solutions within the VMO2 segment, to move money and provide digital financial services.
FCNCA
First Citizens Bancshares
$21.53Bn
2,073.46
0.00%
+18.98%
First Citizens BancShares operates as a bank holding company with a primary subsidiary, First Citizens Bank & Trust Company, that maintains an extensive branch network and takes deposits to fund loans. It is specifically identified as a top bank by deposit market share in North Carolina and South Carolina, fitting the profile of a regional bank.
MKL
Markel
$21.53Bn
1,737.78
+0.74%
-9.53%
Markel Insurance is the cornerstone business, providing specialized property and casualty insurance products and generating $9.353 billion in operating revenues. The company underwrites risk across various industry classes including construction, energy, and healthcare.
KEY
Keycorp
$21.43Bn
20.08
+0.15%
+8.83%
KeyCorp operates as a bank holding company for KeyBank, providing checking, savings, and lending services across a 15-state branch footprint. Its revenue is primarily driven by net interest income from loans and investments and deposit fees.
VRSK
Verisk Analytics
$21.33Bn
163.88
-2.67%
-33.77%
Verisk sells financial data, predictive analytics, and decision support tools for rating and underwriting to insurance carriers and reinsurers. Its revenue is primarily generated from annual subscriptions for these data and analytics solutions.
SOFI
SoFi Technologies
$20.35Bn
15.77
-0.44%
-39.28%
SoFi operates as a diversified digital bank with a banking charter, offering a wide range of services including checking and savings accounts (SoFi Money), lending (personal, student, and home loans), and investment services (SoFi Invest). Its revenue model is a mix of net interest income from its loan books and substantial fee income across multiple banking and financial segments.
RGLD
Royal Gold
$19.87Bn
234.64
+0.99%
+17.89%
Royal Gold operates as a non-bank commercial lender in a specialized niche, providing upfront financing to mine operators in exchange for future metal production or revenue shares. Its revenue is derived from the interest-like returns of these streaming and royalty contracts, funded by its own balance sheet rather than retail deposits.
BRO
Brown & Brown
$19.77Bn
59.90
-3.07%
-35.90%
Brown & Brown primarily acts as an agent or broker, generating the majority of its revenue through commissions and fees earned from placing insurance policies for commercial, public, and individual clients. The profile explicitly states that the company primarily markets and sells insurance products and does not assume underwriting risk in its core brokerage activities.
BCH
Bank Of Chile
$19.45Bn
38.50
-1.36%
+29.15%
Banco de Chile is a chartered commercial bank whose operations are concentrated in Chile, providing core banking products such as checking and savings accounts, commercial loans, and residential mortgages. Its revenue is primarily driven by net interest income from these lending activities and deposit-related fees.
SNA
2nd
Snap-on
$19.09Bn
369.00
+0.36%
+5.69%
Through its Financial Services segment and Snap-on Credit LLC, the company provides specialty financing, including installment sales, lease contracts, and business loans specifically for the purchase of its tools and equipment.
CRCL
Circle Internet
$18.96Bn
81.22
-2.00%
-45.75%
Circle's core business is the issuance and management of digital assets, specifically the USDC and EURC stablecoins, and providing institutional minting, redemption, and custody services through Circle Mint. These activities center on the intermediation and safekeeping of digital assets for a global customer base of financial institutions and enterprises.
WF
Woori Financial
$18.43Bn
75.32
+3.19%
+35.42%
Woori Financial Group is a large-scale financial holding company that holds banking charters and takes deposits through Woori Bank. Its revenue is split across multiple banking and financial lines, including retail and commercial banking, investment banking, asset management, and life insurance.
BR
2nd
Broadridge Financial Solutions
$17.90Bn
157.02
-2.58%
-32.81%
Broadridge provides back-office and middle-office services to the investment management industry, including portfolio order management, compliance, fee billing, and risk management for hedge funds and traditional asset managers.
KSPI
Joint Stock Co Kaspi.kz
$17.89Bn
94.05
+2.21%
+18.93%
Kaspi.kz operates as a large-scale bank holding a charter that integrates retail and commercial banking with capital markets and payments. It generates significant revenue from deposit account spreads and interest on consumer and merchant loans, while simultaneously operating a massive payments and marketplace ecosystem.
TPG
Tpg
$17.46Bn
44.67
-0.13%
-20.76%
TPG is a global alternative asset manager that manages pooled capital across private equity, credit, and real estate for institutional investors. It generates revenue through management fees and performance allocations (carried interest) on these illiquid, non-public strategies.
EWBC
East West Bancorp
$17.29Bn
126.21
+0.95%
+19.90%
East West Bancorp operates as a regional bank with a concentrated footprint in Southern California and Asia, providing core banking products including checking and savings accounts, commercial and industrial loans, and residential mortgages. Its revenue is primarily driven by net interest income from its $56.1 billion loan portfolio and $67.1 billion in deposits.
FTAI
2nd
FTAI Aviation
$17.14Bn
167.03
-0.17%
-2.98%
The company's Aviation Leasing segment owns and manages a portfolio of commercial aircraft and engines which it leases to third parties, a core activity of specialty finance for aviation assets.
CNH
2nd
CNH Industrial
$16.67Bn
13.47
+4.82%
+24.26%
Through CNH Capital, the company provides specialty non-bank financing, including retail loans, leases, and wholesale financing to dealers and end users for the purchase of its equipment.
BEN
Franklin Templeton
$16.66Bn
32.82
+1.02%
+43.26%
Franklin Resources is a global investment management organization that manages approximately $1.6 trillion in assets under management. It generates revenue primarily from investment management fees calculated as a percentage of AUM for its equity, fixed income, and multi-asset strategies.
LEN
2nd
Lennar
$16.59Bn
79.80
-2.86%
-37.82%
The company operates a Financial Services segment that originates residential mortgage loans through Lennar Mortgage, LLC, originating approximately 55,900 loans totaling $20.0 billion in fiscal 2025.
DKNG
2nd
DraftKings
$16.53Bn
18.59
-3.93%
-46.72%
The company operates a Digital Lottery Courier business that facilitates the purchase of state lottery tickets for customers, earning revenue from service fees and commissions for transmitting these funds and orders.
EFX
Equifax
$16.47Bn
140.03
+0.19%
-39.73%
Equifax is a leading global credit bureau that collects and sells consumer and commercial credit files, credit scores, and identity data. Its USIS and International segments generate significant revenue from selling consumer credit information and reports to financial institutions, lenders, and resellers.
RGA
Reinsurance Group Of America
$16.29Bn
249.43
+1.87%
+28.66%
The company is a global provider of reinsurance, specifically assuming mortality, morbidity, and investment risks from other insurance companies. Its revenue is primarily generated from premiums earned on traditional life and health reinsurance contracts and asset-intensive reinsurance agreements.
NVR
2nd
Nvr
$15.98Bn
5,995.61
-2.27%
-25.72%
Through its subsidiary NVR Mortgage Finance, Inc., the company originates mortgage loans for its homebuyers and sells them into the secondary market to investors like Fannie Mae and Freddie Mac.
CBSH
Commerce Bancshares
$15.94Bn
55.28
+0.82%
-1.43%
Commerce Bancshares operates as a bank holding company owning Commerce Bank, which provides checking, savings, and corporate lending services. Its revenue is primarily driven by interest earned on loans and investments and fees for retail and commercial banking services.
ZTO
2nd
ZTO Express (Cayman)
$15.42Bn
19.50
+0.52%
+1.93%
The company provides financial services to its qualified network partners, specifically offering loans and financing arrangements as a distinct revenue stream.
GL
Globe Life
$15.28Bn
165.65
-0.09%
+18.80%
Globe Life is an insurance holding company that generates revenue from premium income and policy charges on nonparticipating ordinary life insurance, including whole life and term life policies. Its core activities include underwriting and managing long-duration liabilities for individual life insurance products.
CRBG
Corebridge Financial
$15.16Bn
34.01
+1.01%
+4.49%
Corebridge Financial is a major provider of life insurance and annuity products, specifically offering term, index universal life, and whole life policies. It generates revenue from premiums, investment returns on reserves, and fees on variable products, which aligns directly with the Life Insurance industry description.
TIGO
2nd
Millicom International Cellular
$14.93Bn
88.32
+3.17%
+85.12%
Millicom offers mobile financial services to its customer base, moving money and providing financial transactions via its Tigo brand.
KIM
2nd
Kimco Realty
$14.91Bn
22.24
+0.04%
+4.12%
The company provides real estate financing services and preferred equity capital specifically to retailers, which constitutes a non-bank commercial lending activity.
PNFP
Pinnacle Financial Partners
$14.51Bn
96.09
+1.51%
+4.15%
Pinnacle Financial Partners operates as a regional bank through its subsidiary Pinnacle Bank, focusing on the Southeast US. It generates revenue from net interest income on commercial real estate and consumer loans, as well as fees from checking, savings, and certificate of deposit accounts.
EQH
Equitable Holdings
$14.37Bn
52.62
+1.29%
+4.49%
The company operates a Retirement segment that acts as an insurer, offering retirement income and protection strategies through products such as registered indexed linked annuities, traditional variable annuities, and group variable annuities. It generates significant revenue from insurance premiums and investment income on these long-duration liabilities.
FUTU
Futu Holdings
$14.32Bn
102.17
-4.00%
-38.54%
Futu operates an online securities brokerage platform where retail investors buy and sell stocks, derivatives, funds, and bonds. Its primary revenue is generated from securities brokerage commissions and handling charges on trades executed through its platforms.
EG
Everest
$14.29Bn
368.32
-0.11%
+4.92%
The company's primary revenue driver is its Reinsurance segment, which accounted for 72.4% of gross written premiums in 2025. It writes worldwide property and casualty reinsurance on both treaty and facultative bases for ceding companies.
FICO
2nd
Fair Isaac
$14.28Bn
661.01
-0.13%
-62.96%
The company's 'Scores segment' generates a significant portion of revenue by selling the FICO Score, which is the 'standard measure of US consumer credit risk,' to consumer reporting agencies and individual consumers.
OWL
Blue Owl Capital
$14.17Bn
9.09
+1.56%
-43.36%
Blue Owl Capital is a global alternative asset manager that manages pooled capital across Credit, GP Strategic Capital, and Real Assets platforms. Its revenue is derived from management fees on fee-paying assets under management and performance-based fees such as carried interest.
WSE
Wise
$14.12Bn
11.44
+0.18%
—
Wise's core business is moving money between people and businesses across borders, generating revenue primarily through transaction fees on cross-border payments and currency conversions. Its products, Wise Account and Wise Business, specifically enable users to send and receive money internationally using a global payments network.
CG
Carlyle
$14.07Bn
39.82
-1.41%
-35.48%
Carlyle is a global investment firm that manages pooled alternative investment capital across private equity, credit, and fund-of-funds strategies. It generates revenue through management fees and carried interest from institutional and high-net-worth investors.
UNM
Unum
$14.01Bn
88.53
+0.52%
+12.63%
Unum underwrites a broad portfolio of property and casualty-style liability and specialty risks, including disability, accident, critical illness, dental, and vision insurance. The company generates significant revenue from premium income by taking on the risk of financial loss from illness and injury for employers and employees.
NLY
Annaly Capital Management
$13.89Bn
18.50
-1.07%
-10.63%
Annaly is a real estate investment trust (REIT) whose assets consist of mortgage-backed securities, residential whole loans, and mortgage servicing rights rather than physical buildings. Its revenue is derived from the net interest spread between the yield on these mortgage assets and its financing costs.
OHI
2nd
Omega Healthcare Investors
$13.68Bn
45.73
+1.13%
+9.88%
The company generates interest income from providing real estate loans and mortgage loans secured by healthcare properties.
RNR
Renaissancere Holdings
$13.61Bn
325.58
+0.81%
+27.30%
RenaissanceRe is a global provider of reinsurance, specifically offering property catastrophe, casualty, and specialty reinsurance. Its primary customers are other insurance and reinsurance companies accessed through intermediaries like Aon and Marsh & McLennan.
MFG
Mizuho Financial
$13.54Bn
10.88
+1.12%
+68.68%
Mizuho is a 'mega bank' that holds a banking charter and takes deposits, with revenue split across retail and commercial banking, capital markets, and wealth management. It operates diversified segments including Retail & Business Banking and Global Corporate & Investment Banking.
ARCC
Ares Capital
$13.54Bn
18.86
-1.57%
-7.50%
Ares Capital Corporation is explicitly described as a closed-end management investment company that has elected to be regulated as a business development company (BDC). It generates revenue from interest income on debt securities and dividend distributions from equity investments in U.S. middle market companies.
IVZ
Invesco
$13.54Bn
30.67
+0.82%
+29.90%
Invesco is an independent investment management firm that manages portfolios for retail and institutional clients, earning revenue through management fees. Its core activities include managing mutual funds, ETFs (such as the QQQ Trust), and index-based strategies across equity and fixed income segments.
TXT
2nd
Textron
$13.29Bn
77.27
+0.13%
-10.52%
The Finance segment, through Textron Financial Corporation, provides specialized non-bank financing and credit to purchasers of Textron's manufactured aircraft and helicopters.
AIZ
Assurant
$13.21Bn
267.41
+0.42%
+22.46%
Assurant underwrites property and casualty insurance, including homeowners, renters, flood, and vehicle protection services. It generates significant revenue from insurance premiums across its Global Housing and Global Automotive lines.
FMCC
Federal Home Loan Mortgage
$13.00Bn
4.02
+3.34%
-67.55%
Freddie Mac purchases residential mortgage loans from lenders and packages them into guaranteed mortgage-related securities, such as UMBS and K Certificates. Its revenue is driven by guarantee fees, net interest income on held loans, and gains on the sale of mortgage loans.
STLA
2nd
Stellantis
$12.78Bn
4.41
-5.77%
-57.60%
Stellantis operates captive finance companies that provide retail and dealer financing, leasing, and rental services to its customers and dealer network.
GRAB
2nd
Grab Holdings
$12.60Bn
3.08
-1.28%
-49.09%
Grab operates chartered digital banks, GXS Bank in Singapore and GXBank in Malaysia, which offer savings accounts and deposit-taking services to the public.
TOL
2nd
Toll Brothers
$12.59Bn
136.60
+0.16%
-2.11%
The company earns income from mortgage financing provided to its home buyers through its subsidiary, Toll Brothers Mortgage Company.
CNA
Cna Financial
$12.54Bn
46.33
+0.94%
+0.39%
CNA Financial primarily underwrites commercial property and casualty coverages, including surety, and generates revenue from insurance premiums in its Specialty, Commercial, and International segments.
SEIC
Sei Investments
$12.29Bn
102.43
-1.39%
+20.70%
SEI's largest revenue driver (57%) is technology and operations outsourcing, specifically providing fund administration, investment accounting, investor reporting, and middle-office functions for investment managers and institutional investors. The company also provides trust-based custody through the SEI Private Trust Company (SPTC).
BNT
Brookfield Wealth Solutions
$12.27Bn
36.88
+1.01%
-18.93%
The company's primary focus is on securing financial futures through retail and institutional annuities and life insurance products, including whole life, universal life, and variable universal life insurance. These activities involve taking on mortality and longevity risk in exchange for premiums, which is the core of the Life Insurance industry.
TRU
TransUnion
$12.16Bn
63.46
+2.09%
-13.67%
TransUnion collects, maintains, and sells consumer and commercial credit files and identity data to lenders and businesses. Its core business involves providing credit risk assessment and identity verification services to banks, credit card issuers, and auto lenders.
ALLY
Ally Financial
$11.55Bn
37.91
+0.69%
-2.42%
Ally Financial operates a massive digital bank (Ally Bank) with $151.6 billion in nonaffiliate deposits and is diversified across retail banking, automotive lending, securities brokerage, and corporate finance. This multi-segment character combined with a banking charter and deposit-taking activity fits the definition of a Money Center Bank.
AFG
American Financial
$11.53Bn
139.11
+0.78%
-5.43%
The company's primary operations are in the property and casualty insurance sector, underwriting specialized commercial policies for risks such as cargo transport, liability, and construction defects. Its main revenue source is earned premiums from these P&C insurance policies.
XP
Xp
$11.18Bn
21.50
+1.56%
+22.37%
XP Inc. operates as a leading financial investment platform providing retail and institutional clients access to equities, fixed income, and mutual funds through its core broker-dealer entity, XP CCTVM, and XP Investments. Its revenue model relies heavily on commissions and fees from these brokerage activities for millions of active retail clients.
SNUS-PH
Santander Holdings USA
$11.15Bn
21.02
+0.72%
—
Santander Holdings USA operates as a large-scale bank with a banking charter (Santander Bank, N.A.) and takes deposits. Its revenue is split across multiple banking lines including retail, commercial, corporate and investment banking, and wealth management, which fits the definition of a Money Center Bank.
FHN
First Horizon
$11.09Bn
23.41
+1.56%
+4.18%
First Horizon is a chartered bank with a concentrated footprint in the southeastern US (Tennessee, North Carolina, Florida, and Louisiana) that takes deposits and provides commercial, small business, and consumer loans. Its largest revenue component is interest income on loans and leases, and it operates over 450 banking locations.
TKC
2nd
Turkcell Iletisim Hizmetleri A S
$11.09Bn
5.04
+0.20%
-18.45%
Through its Financell brand, the company provides consumer and enterprise lending services as part of its Techfin segment.
TIGR
UP Fintech Holding
$11.03Bn
4.16
-2.58%
-59.45%
The company operates an online brokerage platform providing individual retail investors and high net worth individuals access to trade stocks, options, warrants, and futures. Its primary revenue is generated from commission fees charged on securities trades executed through its platform.
GLPI
2nd
Gaming & Leisure Properties
$10.96Bn
37.68
+0.24%
-19.11%
The company extends mortgage loans to developers for gaming projects, earning interest income from these loans before they potentially convert into lease revenue.
SF
Stifel Financial
$10.84Bn
70.27
-0.13%
-5.97%
Stifel Financial is a bank holding company that operates a diversified banking franchise through Stifel Bancorp, which provides FDIC-insured deposit accounts and commercial lending. Its revenue is split across multiple banking and capital markets lines, including retail/commercial banking, investment banking, and wealth management, fitting the profile of a Money Center Bank.
FRHC
Freedom Holding
$10.63Bn
173.00
-0.24%
+0.19%
Freedom Holding operates as a diversified financial group with a banking charter via Freedom Bank Kazakhstan JSC, which provides deposits, loans, and payment cards to over 2.5 million customers. Its revenue is split across multiple banking and capital markets lines, including retail/commercial banking, brokerage, and investment banking, fitting the profile of a Money Center Bank.
FNF
Fidelity National Financial
$10.52Bn
39.24
+0.28%
-31.73%
The company is a leading provider of title insurance and escrow services, generating $5,824 million in title insurance premiums in 2025. It underwrites policies protecting property owners against title defects and manages escrow accounts for real estate closings.
AGNC
AGNC Investment
$10.23Bn
8.79
-1.79%
-12.19%
AGNC Investment Corp. is a REIT whose assets are mortgage-backed securities rather than physical buildings, specifically investing in Agency residential mortgage-backed securities. Its revenue is derived from the net interest spread on these levered mortgage portfolios and realized gains from hedging activities.
ERIE
Erie Indemnity
$10.21Bn
221.09
-0.46%
-29.73%
Erie Indemnity acts as an intermediary and administrative manager for the Erie Insurance Exchange, providing policy issuance, renewal services, and agent compensation. It does not underwrite risk itself but earns management fees and cost reimbursements for managing the insurance operations, which aligns with the role of an insurance broker/administrator that does not take risk.
EVR
Evercore
$10.11Bn
261.81
+1.06%
-21.62%
Evercore's primary revenue (98%) comes from its Investment Banking & Equities segment, which provides strategic advisory on mergers, acquisitions, divestitures, and capital raising (IPOs, debt offerings). The firm specifically earns fees from advisory, underwriting, and capital markets transactions for corporations and financial sponsors.
PAYP
PayPay
$10.10Bn
14.92
-1.45%
—
PayPay operates as a financial super app that holds a banking charter through PayPay Bank Corporation, which provides deposit accounts, mortgage loans, and business loans. Its revenue is split across multiple banking and financial lines, including retail payments, banking, and securities brokerage, fitting the multi-segment character of a Money Center Bank.
BPOP
Popular
$10.10Bn
158.14
+1.04%
+27.12%
Popular, Inc. operates as a financial holding company with chartered banking subsidiaries, Banco Popular de Puerto Rico and Popular Bank, providing checking, savings, and loan products. Its revenue is primarily driven by net interest income from commercial, industrial, and residential mortgage loans within specific geographic footprints like Puerto Rico and the mainland US.
UMBF
Umb Financial
$9.94Bn
130.94
+0.89%
+10.68%
UMB Financial operates as a regional bank with a footprint in the midwestern, southwestern, and western United States. It provides core banking products including checking and savings accounts, commercial loans, and residential mortgages to retail and corporate customers.
SSB
SouthState Bank
$9.88Bn
101.91
+1.29%
+4.04%
SouthState Bank is a chartered bank with a concentrated regional footprint in the Southeastern United States, operating 342 branches. Its core revenue is derived from net interest income on a loan portfolio consisting of commercial real estate, residential real estate, and consumer loans, as well as deposit fees.
WTFC
Wintrust Financial
$9.78Bn
145.02
+1.02%
+10.84%
Wintrust operates a community banking segment that provides traditional banking services, including commercial and residential real estate loans and deposit gathering. Its revenue is primarily driven by net interest income from these loan portfolios and service charges on deposit accounts.
CFR
Cullen
$9.64Bn
155.07
+0.96%
+23.25%
Cullen/Frost operates as a community-based financial services organization with a deposit and lending franchise concentrated in Texas markets (Austin, Dallas, Houston, San Antonio). Its core revenue comes from net interest income on commercial and consumer loans and fees from treasury management services provided through Frost Bank.
RYAN
Ryan Specialty Holdings
$9.62Bn
37.66
-1.93%
-32.59%
Ryan Specialty Holdings operates as a wholesale insurance intermediary, primarily through its Wholesale Brokerage segment which generated 53.4% of its net commission and fees. It acts as an intermediary between retail insurance brokers and insurance carriers to place complex property and casualty risks without underwriting the risk itself.
AMG
Affiliated Managers
$9.61Bn
371.49
-0.09%
+57.05%
The company generates its revenue through economic participation in Affiliates that manage assets via mutual funds, ETFs, and separately managed accounts. Its core business model is based on the investment management activities of these partners, specifically in differentiated long-only strategies.
ONB
Old National Bancorp
$9.55Bn
24.96
-0.08%
+15.02%
Old National Bancorp operates as a regional bank with a concentrated footprint in the Midwest and Southeast regions. It provides core banking products including checking and savings accounts, commercial and industrial loans, and consumer credit, earning revenue from net interest income and deposit fees.
XHG
XChange TEC.INC
$9.54Bn
1.86
+0.54%
+43.08%
XChange TEC. INC acts as an intermediary that facilitates the sale of insurance policies from 24 insurance companies to end consumers. It generates revenue primarily through commissions received from these insurance companies and explicitly does not underwrite risk itself.
FDS
Factset Research Systems
$9.52Bn
266.05
-4.13%
-5.62%
FactSet provides financial data, market intelligence, and analytics on securities, companies, and industries to investment professionals. Its revenue is primarily derived from subscriptions to its multi-asset class data and solutions platform.
JEF
Jefferies Financial
$9.35Bn
45.96
+1.57%
-27.13%
Jefferies is described as a global investment banking and capital markets firm that generates primary revenue through fees for investment banking advisory and underwriting services across equities and fixed income.
ZION
Zions Bancorporation, National Association
$9.22Bn
63.17
+0.83%
+12.02%
Zions Bancorporation operates as a network of chartered regional banks across eleven western states, providing core products such as checking and savings accounts, commercial and industrial loans, and residential mortgages. Its revenue is primarily driven by net interest income from these lending activities and deposit-based services.
ORI
Old Republic International
$9.19Bn
38.06
+1.49%
-11.22%
The company operates a Specialty Insurance segment that underwrites commercial lines coverage, including commercial auto, workers compensation, property, and general liability for businesses and governments. It generates revenue from net premiums collected on these policies.
KT
2nd
Kt
$9.13Bn
18.93
+1.07%
-4.78%
Through its subsidiary BC Card, the company provides financial services and payment processing, contributing 14% of total operating revenue.
FCFS
FirstCash Holdings
$9.12Bn
210.36
+1.06%
+41.11%
FirstCash's primary revenue driver is its pawn operations, which provide non-recourse pawn loans to unbanked and credit-constrained consumers. These loans generate significant revenue through pawn loan fees and service charges, which accounted for 46% of consolidated net revenue in 2025.
VIRT
Virtu Financial
$9.12Bn
58.81
+5.74%
+71.71%
Virtu Financial operates as a market maker and liquidity provider, earning revenue from the bid-ask spread on high-volume trades across equities, fixed income, and currencies. Its Market Making segment specifically provides liquidity to institutional counterparties including banks, hedge funds, and mutual funds.
GLXY
Galaxy Digital
$9.01Bn
23.06
+0.17%
-36.86%
Galaxy Digital operates a global platform for the trading, custody, and settlement of digital assets, serving institutional clients through an OTC desk for spot and derivatives trades. It provides institutional custody solutions, including cold and hot wallet technology, and acts as a prime broker for the digital asset ecosystem.
JXN
Jackson Financial
$8.96Bn
131.44
+1.58%
+29.79%
Jackson Financial primarily sells annuity products, including variable, fixed, and registered index linked annuities, and manages life insurance policies such as whole, universal, and term life. Its revenue is derived from insurance premiums and investment income from its general account, taking on longevity and mortality risk.
KLAR
Klarna
$8.83Bn
12.52
+0.48%
-69.27%
Klarna holds a banking license in the European Economic Area and operates a multi-segment banking business including retail banking (Klarna Balance accounts, savings accounts), consumer lending (Financing and Pay Later), and payment processing. It generates revenue from net interest income on consumer deposits and lending, as well as substantial fee income from merchants.
HLI
Houlihan Lokey
$8.79Bn
126.42
-1.59%
-37.21%
Houlihan Lokey is a global independent investment bank that earns revenue through advisory fees for mergers and acquisitions, capital raising, and financial restructuring. Its Corporate Finance segment specifically provides sell-side and buy-side M&A advice and capital solutions for raising debt and equity.
VOYA
Voya Financial
$8.76Bn
96.66
+1.32%
+29.33%
Voya's Retirement segment manages approximately 796.5 billion dollars of assets and earns revenue from asset-based administrative recordkeeping and advisory fees. The company also operates a dedicated Investment Management segment that earns management fees on 286.9 billion dollars of assets for third-party institutional and individual investors.
CTRE
2nd
CareTrust REIT
$8.56Bn
36.28
+1.03%
+3.45%
The company extends secured mortgage loans and mezzanine loans to healthcare operators, generating revenue from these financing receivables.
PRI
Primerica
$8.51Bn
275.47
+0.26%
-1.02%
Primerica underwrites and distributes term life insurance policies through subsidiaries like Primerica Life Insurance Company and National Benefit Life Insurance Company. It generates significant recurring revenue from premiums on a large in-force block of policies.
WAL
Western Alliance Bancorporation
$8.33Bn
76.39
+0.90%
-10.63%
Western Alliance Bancorporation operates as a mid-sized regional bank with a strong presence in the western United States, providing core banking products including checking and savings accounts, commercial and industrial loans, and treasury management. Its revenue is primarily generated from net interest income on a diversified loan portfolio and low-cost core deposits.
ARE
2nd
Alexandria Real Estate Equities
$8.25Bn
47.34
+0.68%
-43.44%
The company earns revenue through strategic capital investments in transformative life science companies via its own venture capital platform, which involves managing capital in non-public strategies.
COLB
Columbia Banking System
$8.18Bn
28.92
+0.66%
+11.53%
Columbia Banking System operates as an Oregon state-chartered commercial bank with a deposit and lending franchise concentrated in the western United States (e.g., Oregon, Washington, Arizona). Its core revenue is derived from net interest income on commercial and consumer loans and fee income from deposit services.
REXR
2nd
Rexford Industrial Realty
$8.18Bn
36.67
+1.78%
-11.34%
The company generates additional revenue by acting as a lender, providing mortgage debt investments secured by industrial property.
AGCO
2nd
Agco
$8.02Bn
114.63
+2.47%
+6.71%
The company operates finance joint ventures that provide retail financing to farmers and wholesale/floor plan financing to its dealer network.
CLUS
Cluster Group Holdings
$8.00Bn
200.00
+0.00%
+0.00%
The company operates as a blank check company whose sole purpose is to identify and complete a merger, acquisition, or business combination. This activity of facilitating capital raises and corporate restructuring through a merger vehicle aligns with the core functions of investment banking and corporate finance advisory.
SNEX
StoneX
$7.90Bn
65.81
+0.63%
+44.19%
StoneX operates as a global financial services network providing clearing and execution services, prime brokerage, and liquidity across major futures and securities exchanges for institutional and commercial clients. Its revenue is primarily driven by commissions and spreads earned from these large-volume transactions.
BOKF
Bok Financial
$7.80Bn
128.36
+1.52%
+15.01%
BOK Financial operates as a regional bank with a concentrated footprint in Oklahoma, Texas, New Mexico, and other contiguous states. Its core revenue is derived from net interest income on commercial and consumer loans and fees from deposit accounts through its subsidiary BOKF NA.
KMX
2nd
Carmax
$7.80Bn
54.94
-1.72%
+19.25%
Through its CarMax Auto Finance (CAF) segment, the company provides financing to customers buying retail vehicles, servicing a $16.37 billion portfolio of auto loans.
LNC
Lincoln National
$7.71Bn
40.28
+1.36%
-0.17%
Lincoln National operates a Life Insurance segment providing term, universal, and variable universal life policies, and an Annuities segment offering variable and fixed annuities. These products generate revenue through premiums and investment income while managing mortality and longevity risk.
IDA
2nd
Idacorp
$7.68Bn
132.82
+0.67%
+0.71%
Through its subsidiary IDACORP Financial Services (IFS), the company invests in specialized real estate tax credit projects and affordable housing developments to generate tax credits and depreciation benefits.
CBC
Central Bancompany
$7.67Bn
32.03
+1.55%
—
Central Bancompany operates as a community bank through its subsidiary The Central Trust Bank, with a concentrated footprint in Missouri, Kansas, Oklahoma, and Colorado. It generates primary revenue from net interest income on a diversified loan portfolio and earns fees from deposit and treasury-management services.
YMM
2nd
Full Truck Alliance
$7.65Bn
8.19
+0.24%
-38.83%
The company operates an insurance brokerage business that earns commissions from partner insurers by providing insurance services to its user base.
THG
Hanover Insurance
$7.64Bn
219.43
+1.19%
+20.49%
The company's primary business is the underwriting of property and casualty insurance, generating 6.3 billion dollars in net premiums written. It provides coverage for commercial multiple peril, workers compensation, personal automobile, and homeowners insurance.
BBAR
Banco BBVA Argentina
$7.59Bn
12.39
-0.56%
+49.82%
Banco BBVA Argentina is a chartered bank operating in Argentina that takes deposits and provides loans to retail, SME, and corporate clients. Its core revenue is generated from net interest income on its loan portfolio and fees from checking and savings accounts.
KNSL
Kinsale Capital
$7.51Bn
329.74
-1.44%
-25.49%
Kinsale Capital is a property and casualty insurance company that underwrites risks for commercial property, excess casualty, and general casualty lines. It generates revenue primarily from insurance premiums paid by policyholders for these coverages.
HQY
Healthequity
$7.47Bn
90.04
+0.75%
+0.40%
Healthequity's core business is the administration and safekeeping of tax-advantaged health savings accounts (HSAs), generating custodial revenue from fees on HSA cash held by depository partners. It provides back-office fund administration and account servicing for employer clients and individual members.
VLY
Valley National Bancorp
$7.08Bn
12.82
+1.18%
+21.29%
Valley National Bancorp operates as a regional bank with a concentrated deposit and lending franchise in New Jersey, New York, Florida, and Alabama. It provides core banking products including checking and savings accounts, commercial and industrial loans, and commercial real estate loans.
VCTR
Victory Capital Holdings
$6.97Bn
113.23
+1.33%
+76.78%
Victory Capital Holdings is a global asset management firm that manages investment portfolios through mutual funds, ETFs, and separate accounts. It generates revenue primarily from investment management fees based on the level of client assets it manages for institutions and individual investors.
COMP
2nd
Compass
$6.95Bn
9.23
+1.21%
+22.25%
The company's Integrated Services segment generates revenue from title searches, escrow closings, and settlement fees provided to home buyers and sellers.
AXS
Axis Capital Holdings
$6.94Bn
94.86
-0.73%
+1.09%
Axis Capital operates a substantial Insurance segment providing specialty products such as Professional Lines (D&O, E&O), Property, Liability, and Cyber to commercial enterprises and financial institutions. It earns revenue primarily from premiums written on these insurance contracts.
MORN
Morningstar
$6.89Bn
183.55
-4.01%
-18.88%
Morningstar's core business is providing investment insights, data platforms, and indices. This is evidenced by its license-based revenue from subscriptions to Morningstar Direct and PitchBook, as well as its index licensing and credit rating data feeds.
PB
Prosperity Bancshares
$6.78Bn
67.38
+0.81%
+2.74%
Prosperity Bancshares operates as a regional bank with a concentrated footprint in Texas and Oklahoma, utilizing 283 full-service banking locations. Its core revenue is derived from net interest income on loans and leases, as well as service charges on deposit accounts.
LAD
2nd
Lithia Motors
$6.77Bn
307.71
+0.62%
-4.10%
The company has a captive finance division that originates financing and insurance products for consumers, generating fee income and interest spread.
TMHC
2nd
Taylor Morrison Home
$6.77Bn
72.45
+0.44%
—
The company operates a mortgage lending business through Taylor Morrison Home Funding, Inc., providing financing to homebuyers.
WBHC
Wilson Bank Holding
$6.76Bn
550.00
+0.00%
+214.29%
Wilson Bank Holding operates as a community bank through its subsidiary, Wilson Bank and Trust, with a concentrated footprint in Tennessee counties. It provides core banking products including checking and savings accounts, commercial and industrial loans, and residential mortgages, earning revenue primarily from net interest income.
TEX
2nd
Terex
$6.48Bn
56.72
+3.22%
+8.47%
The company operates Terex Financial Services, which facilitates financial transactions to assist customers in the procurement of its industrial equipment, acting as a captive finance arm.
OR
OR Royalties
$6.45Bn
34.47
+1.47%
-13.11%
OR Royalties operates as a non-bank commercial financier in a specialized niche, providing capital to mining companies in exchange for royalties and streams. It earns revenue from interest-like payments (percentages of metal value or predetermined purchase prices) on its portfolio of assets, such as the Canadian Malartic Complex, without taking on the operational costs of mining.
OMF
OneMain Holdings
$6.44Bn
56.00
+0.23%
-0.69%
OneMain Holdings originates and services a large portfolio of consumer loans, including 2.3 million personal loans and 152 thousand auto finance loans, as well as 1.2 million credit card accounts. Its primary revenue is generated from interest income on these non-bank consumer credit products.
UBSI
United Bankshares
$6.41Bn
47.04
+1.38%
+28.07%
United Bankshares operates as a community bank with a geographic footprint in the Mid Atlantic and Southeast regions, offering core products like checking, savings, and commercial loans. Its revenue is primarily generated from net interest income on its loan and lease portfolio and service charges on deposit accounts.
FIGR
Figure Technology Solutions
$6.38Bn
28.53
-0.04%
-30.89%
Figure originates, sells, and securitizes home equity line of credit (HELOC) loans, generating revenue from origination fees, gain on sale of loans, and servicing fees. This activity is the core of its Lending segment and is a primary driver of its revenue streams.
FAF
First American Financial
$6.37Bn
62.45
+1.48%
-2.07%
The company is the second largest provider of title insurance in the U.S., generating the vast majority of its revenue from title insurance premiums and associated closing and escrow fees. It provides title plants, underwriting risk mitigation, and settlement services for residential and commercial real estate transactions.
TFPM
Triple Flag Precious Metals
$6.32Bn
30.61
+0.56%
+4.04%
Triple Flag operates as a specialized funding partner providing bespoke financing solutions to mining operators through streaming and royalty agreements. It manages a portfolio of these alternative assets to generate returns for its investors, fitting the profile of an alternative asset manager focused on real-asset strategies.
ZG
2nd
Zillow
$6.32Bn
28.09
-1.13%
-61.23%
The company operates Zillow Home Loans, which provides mortgage origination services, earning revenue from mortgage interest and fees.
FNB
Fnb
$6.16Bn
17.45
+1.16%
+8.52%
F. N. B. Corporation operates as a regional bank holding company through its subsidiary First National Bank of Pennsylvania, serving a specific geographic footprint including Pennsylvania, Maryland, Ohio, and the Carolinas. Its core revenue is derived from net interest income on commercial and industrial loans, residential mortgages, and consumer credit, funded by deposit accounts.
GATX
2nd
Gatx
$6.04Bn
171.02
+1.30%
-2.36%
The company operates a significant aircraft spare engine leasing business through GATX Engine Leasing and joint ventures, providing non-bank financing and leasing for high-value aviation assets to commercial aircraft operators.
SWDR
2nd
Starwood Real Estate Income Trust
$5.98Bn
15.25
—
—
The company has a specific 'Investment in Real Estate Debt' segment that holds loans secured by real estate and related securities to generate interest income.
IFS
Intercorp Financial Services
$5.91Bn
53.18
-2.01%
+31.05%
Intercorp Financial Services operates as a large-scale financial group with a banking charter (Interbank) that integrates retail and commercial banking with wealth management and insurance. It is a major national player in Peru, providing a diversified mix of net interest income from loans and deposits and fee income across multiple banking and financial segments.
LSTR
2nd
Landstar System
$5.89Bn
173.48
+1.96%
+43.10%
The company operates an insurance segment through Signature Insurance Company, which earns revenue from reinsurance premiums from third-party insurance companies to cover risks associated with BCO Independent Contractors.
HWC
Hancock Whitney
$5.88Bn
73.09
+1.61%
+17.77%
Hancock Whitney is a chartered regional bank that takes deposits and provides commercial and retail lending within its regional markets. Its core revenue is generated from net interest income on a loan portfolio including commercial real estate, construction, and consumer loans.
WEX
2nd
Wex
$5.80Bn
169.10
+0.32%
+6.40%
The company operates its own in-house bank, WEX Bank, which provides issuing capabilities and earns yield on HSA deposits held at the bank.
MKTX
Marketaxess Holdings
$5.78Bn
164.14
-0.05%
-3.21%
MarketAxess operates electronic trading platforms and an 'Open Trading all to all marketplace' that provides the venue and rules for institutional investors and broker dealers to trade global fixed income products. The company generates the vast majority of its revenue (86.8%) from commissions on trades executed through these electronic venues.
HOMB
Home Bancshares
$5.75Bn
28.67
+0.35%
+2.36%
Home BancShares operates as a bank holding company through Centennial Bank, which provides checking and savings accounts, mortgages, and commercial loans across a specific geographic footprint including Arkansas, Florida, Texas, and Alabama. Its revenue is primarily generated from net interest income on these loans and deposits, fitting the profile of a regional bank.
GBCI
Glacier Bancorp
$5.72Bn
43.92
+1.13%
-7.20%
Glacier Bancorp operates as a regional bank with a concentrated footprint across nine states in the Mountain West and Southwest. It provides core banking products including checking and savings accounts, commercial and industrial loans, and consumer credit, generating revenue primarily from net interest income.
MCY
Mercury General
$5.67Bn
102.34
+2.07%
+21.72%
Mercury General underwrites property and casualty insurance, specifically personal automobile, homeowners, commercial automobile, and commercial property insurance. Its revenue is primarily generated from insurance premiums collected on these policies.
AVAL
Grupo Aval Acciones Y Valores
$5.66Bn
4.77
+0.00%
+43.24%
Grupo Aval is a large-scale financial group that holds banking charters and takes deposits across four commercial banks (Banco de Bogotá, Banco de Occidente, Banco Popular, and Banco AV Villas). Its revenue is split across multiple banking lines including retail and commercial banking, investment banking, and wealth/pension management.
BGC
Bgc
$5.60Bn
11.78
+1.38%
+27.49%
BGC Group operates as a global inter-dealer and wholesale broker, earning the majority of its revenue from brokerage and trade execution fees for fixed income securities, derivatives, foreign exchange, and energy commodities. It serves institutional clients such as major banks, hedge funds, and trading firms, providing liquidity and execution at institutional scale.
MTG
Mgic Investment
$5.57Bn
26.94
+2.20%
-2.92%
MGIC provides private mortgage insurance that insures residential mortgage loans against borrower default, which is a form of liability/credit risk underwriting. The company generates its chief revenue from premiums collected on these insurance policies written to mortgage lenders.
RUSHA
2nd
Rush Enterprises Inc \Tx\
$5.52Bn
47.18
+2.14%
+33.05%
Rush provides financing and leasing products to its commercial vehicle customers, acting as a specialty finance provider for commercial fleet equipment.
AUB
Atlantic Union Bankshares
$5.51Bn
38.81
+0.86%
+10.51%
Atlantic Union Bankshares operates as a regional bank with a concentrated footprint in Virginia, Maryland, Washington D.C., and North Carolina. It generates revenue primarily from net interest income on deposits and loans, including commercial and industrial loans and residential mortgages.
BXSL
Blackstone Secured Lending Fund
$5.49Bn
23.60
-1.30%
-11.21%
The company is explicitly described as a closed-end management investment company that has elected to be regulated as a business development company (BDC). Its revenue is derived mainly from interest payments on a portfolio of first lien senior secured and unitranche loans made to middle-market companies.
ASB
Associated Banc
$5.47Bn
29.01
+1.01%
+12.84%
Associated Banc-Corp operates as a bank holding company with a deposit and lending franchise concentrated in the upper Midwest (Wisconsin, Illinois, Minnesota, and Missouri). Its core revenue is generated from net interest income on commercial and industrial loans, residential mortgages, and consumer loans, alongside retail deposit accounts.
CACC
Credit Acceptance
$5.47Bn
527.50
+3.04%
+9.85%
Credit Acceptance originates, underwrites, and services consumer auto loans for individuals with limited or impaired credit histories. Its revenue is primarily driven by finance charges, including interest income on these consumer loans, and it operates as a non-depository lender.
ABCB
Ameris Bancorp
$5.47Bn
81.44
+1.47%
+11.29%
Ameris Bancorp operates as a chartered bank with a deposit and lending franchise concentrated in the southeastern US (Georgia, Alabama, Florida, North Carolina, and South Carolina). Its core revenue is derived from net interest income on a diversified loan portfolio and service charges on deposit accounts like checking, savings, and certificates of deposit.
ESNT
Essent
$5.41Bn
60.21
+2.29%
-2.19%
Essent provides private mortgage insurance on residential first lien mortgage loans, which is a form of credit insurance covering lender loss. The company generates revenue primarily from insurance premiums on these mortgage policies and has $248.4 billion of insurance in force.
STEP
StepStone
$5.39Bn
45.27
+1.25%
-30.00%
StepStone manages pooled alternative investment capital across private equity, infrastructure, private debt, and real estate for institutional and high-net-worth investors. It earns revenue through management fees on assets under management and performance fees (carried interest) on realized gains.
AN
2nd
Autonation
$5.38Bn
162.41
-1.63%
-27.47%
The company operates a captive auto finance company, AutoNation Finance, which provides consumer auto finance loans directly to retail customers and earns interest income.
FTDR
Frontdoor
$5.35Bn
77.24
+2.37%
+13.06%
Frontdoor provides home warranty service contracts and builder-backed/insurance-backed warranties that cover the repair or replacement of home systems, appliances, and structural components. This activity involves underwriting the risk of financial loss from property damage or system failure, which aligns with the Property and Casualty Insurance industry.
MRX
Marex
$5.31Bn
72.75
+2.52%
+140.97%
Marex provides brokerage, clearing, and execution services for institutional clients such as hedge funds, banks, and asset managers across global commodity and financial markets. It generates revenue primarily from commissions on executing and clearing trades and bid-ask spreads from its market-making activities.
PJT
PJT Partners
$5.27Bn
138.81
-1.17%
-21.70%
PJT Partners is a global advisory-focused investment bank that earns revenue from advisory fees for mergers and acquisitions, restructuring, and capital markets advisory. The firm provides strategic advice and capital-raising services to corporations, financial sponsors, and governments.
MAIN
Main Street Capital
$5.15Bn
55.15
-0.97%
-13.79%
Main Street Capital explicitly operates as an internally managed business development company (BDC) under the Investment Company Act of 1940. It originates and holds a portfolio of secured debt and equity investments in lower middle market companies, generating revenue from interest income and capital gains.
HRB
2nd
H&R Block
$5.14Bn
41.68
-1.54%
-18.50%
The company originates and services consumer credit products, specifically Emerald Advance term loans and Refund Advance loans, earning income from these lending activities.
RLI
Rli
$5.13Bn
55.93
-0.39%
-11.88%
RLI Corp. underwrites property, casualty, and surety products, generating the majority of its revenue from net premiums earned on these policies. Its business segments specifically cover commercial property, marine, general liability, professional services, and executive products.
SIGI
Selective Insurance
$5.10Bn
85.59
+0.81%
+4.14%
Selective Insurance underwrites property and casualty insurance, including commercial automobile, general liability, workers compensation, and property insurance. It generates revenue through premiums from commercial clients and individuals seeking protection for business operations, homes, and vehicles.
OBDC
Blue Owl Capital
$5.08Bn
10.31
-1.15%
-19.01%
The company is explicitly described as a closed-end management investment company that has elected to be regulated as a business development company (BDC). Its primary business is originating and making loans and equity investments in U.S. middle-market companies, generating revenue from interest and dividend income.
TEO
2nd
Telecom Argentina
$5.06Bn
11.74
+0.77%
+57.58%
The company operates Personal Pay, a digital wallet that generates income from payments, transfers, and financial services for approximately 5.7 million users across Argentina and Paraguay.
AX
Axos Financial
$5.05Bn
89.02
+1.67%
+5.71%
Axos Financial is a diversified chartered bank that combines retail and commercial banking (deposits, C&I loans, mortgages) with capital markets services (clearing, custody, and margin lending). It competes directly with money center banks like JPMorgan Chase and Bank of America, and its revenue is split across these multiple banking and securities segments.
CNO
CNO Financial
$4.99Bn
53.88
+1.51%
+37.38%
CNO Financial operates as a holding company for insurance companies that underwrite life insurance and annuity products. Specifically, it generates significant revenue from traditional life products (whole life, term life) and fixed indexed annuities, managing the long-duration liabilities associated with these contracts.
MC
Moelis
$4.95Bn
56.33
-1.09%
-18.16%
Moelis & Company is a global independent investment bank that earns revenue through advisory fees from mergers and acquisitions, recapitalizations, and restructurings. It provides strategic and financial advisory services to corporations, financial sponsors, and governments.
EBC
Eastern Bankshares
$4.91Bn
21.47
+1.85%
+17.58%
Eastern Bankshares operates as a bank holding company with a deposit franchise concentrated in Massachusetts and the Boston market. Its core business involves gathering deposits to fund a diversified loan portfolio, including commercial and retail loans, generating revenue primarily from net interest income.
FLG
Flagstar Bank, National Association
$4.88Bn
11.70
+0.09%
+0.34%
Flagstar Bank is a chartered national banking association that takes deposits and provides commercial and industrial loans, checking and savings accounts, and consumer credit. Its operations are concentrated in specific regional footprints including the New York/New Jersey metropolitan area, the upper Midwest, Florida, and the West Coast.
RITM
Rithm Capital
$4.87Bn
8.72
-0.46%
-21.93%
Rithm Capital operates as an internally managed real estate investment trust (REIT) whose investment portfolio primarily consists of residential mortgage loans, non-agency securities, and excess mortgage servicing rights. It earns revenue from net interest income and investment returns on these mortgage-backed assets rather than primarily from renting physical property.
SKY
2nd
Champion Homes
$4.87Bn
88.04
+0.65%
+13.44%
Through its joint venture, Champion Financing, the company provides consumer retail financing products specifically tailored to the manufactured housing market for homebuyers.
PECO
2nd
Phillips Edison & Company
$4.86Bn
37.76
+0.72%
+12.15%
The company manages a third-party investment platform through unconsolidated joint ventures and a private fund, earning asset management and advisory fees from these institutional investors.
STWD
Starwood Property Trust
$4.84Bn
13.06
-0.99%
-32.85%
The company is explicitly structured as a real estate investment trust (REIT) whose primary revenue is generated from interest income on a diversified portfolio of mortgage loans, including first mortgages, mezzanine loans, and CMBS. Its Commercial and Residential Lending Segment holds billions in mortgage assets, fitting the definition of a Mortgage REIT.
WTM
White Mountains Insurance
$4.82Bn
2,020.93
+0.42%
+21.41%
The company generates primary revenue through earned premiums and investment income from its property and casualty insurance subsidiaries, such as Ark, which offers niche lines including property, specialty, marine, energy, and casualty.
HLNE
Hamilton Lane
$4.80Bn
87.04
-1.73%
-31.22%
Hamilton Lane manages pooled alternative investment capital across private equity, private credit, real estate, and infrastructure for institutional and high-net-worth investors. Its revenue model includes management fees on committed capital and carried interest on realized gains from these illiquid strategies.
IEP
2nd
Icahn Enterprises
$4.74Bn
6.67
-1.48%
-20.31%
The Investment segment consists of private investment funds that act as activist investors, acquiring securities in undervalued companies to unlock value through management and operational changes.
TFSL
TFS Financial
$4.72Bn
16.82
+2.31%
+26.47%
TFS Financial is a savings and loan holding company whose primary subsidiary, Third Federal Savings and Loan Association, operates under a federally chartered savings and loan charter. Its balance sheet is heavily weighted toward residential real estate, with $10.84 billion in residential mortgage loans and $4.06 billion in home equity lines of credit funded by retail deposits.
ATH-PA
Athene Holding
$4.70Bn
23.07
+0.48%
-9.53%
Athene Holding specializes in issuing retirement savings products, specifically annuities (fixed rate, indexed, and payout) and life insurance. Its revenue is driven by the spread between investment earnings on assets and the cost of funds for these long-duration liabilities.
HGTY
Hagerty
$4.66Bn
13.58
+0.82%
+11.95%
Hagerty operates as a Managing General Agent (MGA), earning commission and fee revenue by underwriting, selling, and servicing insurance policies on behalf of carrier partners like State Farm and Aviva Canada. It acts as an intermediary that places coverage for collector car owners without being the primary risk-bearing carrier for the majority of its business.
HASI
HA Sustainable Infrastructure Capital
$4.64Bn
36.25
+0.61%
+16.37%
The company acts as an alternative asset manager, deploying capital into illiquid sustainable infrastructure real assets and managing co-investment vehicles. It generates revenue from management fees on these vehicles and earns returns from equity method investments and interest income on debt investments.
AGBK
Agi
$4.62Bn
5.46
+0.37%
—
AGI Inc provides banking solutions and account maintenance to Brazilian consumers, including social security beneficiaries and workers. It operates a hybrid model of physical Smart Hubs and a digital platform to offer checking/savings-like services and credit, fitting the profile of a regional or niche chartered bank.
RELY
Remitly Global
$4.61Bn
21.77
+1.35%
+35.39%
Remitly's core business is a global money movement platform that enables individuals and businesses to send money digitally across borders. The substantial majority of its revenue is derived from transaction fees and foreign exchange spreads on these cross-border transfers.
FFIN
First Financial Bankshares
$4.61Bn
32.15
+1.26%
-3.68%
The company operates as a financial holding company with a subsidiary bank providing commercial banking services, including loans and deposit accounts, concentrated in Texas. Its revenue is primarily driven by interest income from loans and service charges on deposits within this specific geographic footprint.
CIGI
2nd
Colliers International
$4.59Bn
89.78
-1.85%
-41.59%
The company operates an Investment Management segment that focuses on fund management and investment advisory services for real estate assets and related securities for institutional investors.
CVCO
2nd
Cavco Industries
$4.53Bn
585.13
+1.37%
-0.65%
Through its subsidiary CountryPlace Acceptance Corp., the company originates and services conforming and non-conforming mortgages and home-only loans for purchasers of its homes, and issues Ginnie Mae mortgage-backed securities.
NNI
Nelnet
$4.45Bn
123.50
+0.15%
-6.01%
Nelnet operates Nelnet Bank, a Utah chartered industrial bank that takes deposits and extends credit for private education and unsecured consumer loans. The company generates significant revenue from net interest income and deposits through this chartered banking entity.
NWBI
Northwest Bancshares
$4.45Bn
15.19
+1.33%
+23.20%
Northwest Bancshares operates as a community-oriented bank with a deposit and lending franchise concentrated in Pennsylvania, western New York, northeastern Ohio, and Indiana. Its core products include retail checking and savings accounts, commercial and industrial loans, and residential mortgages, with revenue primarily driven by net interest income.
BWIN
Baldwin Insurance
$4.43Bn
31.77
+0.00%
+14.03%
Baldwin is an independent insurance distribution firm that earns commissions by acting as an intermediary between clients and insurance company partners. It provides risk management and employee benefits advisory services, representing over three million clients across commercial and personal lines.
PAGS
PagSeguro Digital
$4.43Bn
9.02
+1.58%
-5.85%
PagSeguro operates as a comprehensive digital financial ecosystem that holds a banking charter, allowing it to take deposits and provide a full suite of banking services. Its revenue is split across multiple banking lines including retail and commercial banking, card issuing, and credit products, which fits the multi-segment character of a Money Center Bank.
PIPR
Piper Sandler Companies
$4.41Bn
65.30
-0.74%
-23.63%
Piper Sandler earns primary revenue through advisory fees for mergers and acquisitions, equity and debt financings, and underwriting commissions from municipal bond issuances. The profile explicitly identifies it as an investment bank serving corporations and public entities for capital raises and restructuring.
SFBS
ServisFirst Bancshares
$4.40Bn
40.19
+1.16%
-0.64%
ServisFirst is a chartered bank operating thirty-three offices across a specific southeastern US footprint (Alabama, Florida, Georgia, etc.). Its core business involves taking deposits (totaling $14.22 billion) and originating commercial and consumer loans (totaling $13.70 billion), with revenue primarily from net interest income.
OTF
Blue Owl Technology Finance
$4.39Bn
9.59
-1.84%
-31.89%
The company is a Maryland corporation that originates and holds loans and equity in private middle-market technology companies, specifically targeting software firms. It generates revenue through interest income from debt investments and dividends from equity holdings, which is the characteristic revenue model of a Business Development Company (BDC).
OPLN
2nd
Openlane
$4.37Bn
35.53
+1.86%
+24.10%
Through its subsidiary AFC, the company provides floorplan financing, which is short-term inventory-secured financing for independent vehicle dealers. This represents a specialized niche of non-bank commercial lending for vehicle inventory.
FULT
Fulton Financial
$4.35Bn
22.81
+0.97%
+25.12%
Fulton Financial operates as a bank holding company with a banking subsidiary, Fulton Bank, that provides consumer and commercial banking services concentrated in a specific regional footprint (Pennsylvania, Delaware, Maryland, New Jersey, and Virginia). Its revenue is primarily driven by net interest income from loans and securities, which is characteristic of a regional bank.
RDN
Radian
$4.35Bn
32.55
+4.29%
-7.00%
Radian is a private mortgage insurer that underwrites risk on residential first lien mortgage loans, generating revenue from premiums on these policies. This falls under Property and Casualty Insurance as it covers financial loss from credit events related to property assets.
IBOC
International Bancshares
$4.34Bn
69.84
+1.04%
+2.36%
The company is a multibank financial holding company operating five subsidiary banks that accept checking and savings deposits and originate commercial, real estate, and consumer loans within Texas and Oklahoma. Its primary revenue is generated from interest income on these loans and fees on deposit accounts.
ENVA
Enova International
$4.30Bn
172.85
+0.63%
+51.20%
Enova originates and services consumer installment loans and lines of credit through brands like CashNetUSA and NetCredit, earning revenue from interest income and fees. It operates as a non-depository lender targeting consumers with limited access to traditional credit.
MARA
2nd
MARA Holdings
$4.29Bn
11.23
+0.18%
-40.23%
The company generates material interest income, specifically $32.1 million in 2025, by monetizing its bitcoin holdings through lending, structured trading, and collateralized financing.
ARX
Accelerant Holdings
$4.28Bn
19.73
+0.05%
+43.91%
The company operates an Underwriting segment that writes and retains risk, earning revenue from net earned premiums and ceding commissions. It specifically focuses on specialty insurance for low-limit, low-hazard commercial risks.
SLM
Slm
$4.28Bn
22.75
+0.62%
-16.45%
The company's primary revenue is generated from the origination and holding of private student loans for undergraduate and graduate students. It operates as a non-bank consumer lender, earning interest income and origination fees from these personal education loans.
BC
2nd
Brunswick
$4.24Bn
65.43
+1.90%
+0.51%
Brunswick provides financing services, specifically dealer floor plan financing and consumer loans, which are non-bank financing solutions for its dealer network and customers.
FHI
Federated Hermes
$4.20Bn
56.08
-0.16%
+9.17%
Federated Hermes is a global leader in active investing with $902.6 billion in assets under management, generating revenue primarily from investment advisory fees. It manages a wide range of products including Federated Hermes Funds, separately managed accounts, and institutional accounts for a diverse client base of institutions and retail investors.
MTH
2nd
Meritage Homes
$4.16Bn
63.81
-0.95%
-13.43%
The company's financial services segment provides title and escrow services to homebuyers through subsidiaries and joint ventures.
FBP
First Bancorp
$4.13Bn
27.05
+1.50%
+24.54%
First BanCorp operates as a regional bank with a concentrated footprint in Puerto Rico and the US Virgin Islands, providing core banking products such as checking and savings accounts, commercial loans, and retail CDs. Its revenue is primarily driven by net interest income from its loan portfolio and deposit-related fees.
UCB
United Community Banks
$4.09Bn
34.12
+1.04%
+9.53%
United Community Banks operates as a chartered bank with a network of branches across Georgia, South Carolina, North Carolina, Tennessee, Florida, and Alabama. Its core revenue is derived from net interest income on commercial real estate, commercial and industrial loans, and consumer mortgages funded by deposits.
TCBI
Texas Capital Bancshares
$4.08Bn
93.76
+0.60%
+11.35%
Texas Capital Bancshares operates as a bank holding company through Texas Capital Bank, providing checking, savings, and commercial loans. Its footprint is concentrated in Texas cities including Dallas, Houston, Austin, Fort Worth, and San Antonio.
CATY
Cathay General Bancorp
$4.07Bn
60.84
+1.26%
+26.86%
Cathay General Bancorp operates as a bank holding company for Cathay Bank, a chartered commercial bank that takes deposits and provides loans (commercial, residential, and consumer) within a specific regional footprint including California, New York, and Washington. Its revenue is primarily driven by net interest income from its loan portfolio and service charges on deposit accounts.
DLO
2nd
dLocal
$4.05Bn
13.74
+0.07%
-2.07%
The company provides extensive 'pay out' payment methods (939 local methods) and competes with banks and specialized providers for payout services, facilitating the movement of funds to bank accounts.
LAZ
Lazard
$3.99Bn
36.08
-1.02%
-30.96%
Lazard provides independent financial advice on mergers and acquisitions, restructuring, and capital raising for corporate and sovereign clients. It earns advisory fees for services such as valuation analyses, fairness opinions, and transaction structuring.
WSFS
Wsfs Financial
$3.99Bn
78.03
+1.84%
+45.42%
WSFS Financial operates as a locally managed community bank providing traditional banking services, including commercial and consumer lending and deposit taking, primarily in the Greater Philadelphia and Delaware region. Its revenue is driven by net interest income from its loan and lease portfolio and deposit-related fees.
CVBF
Cvb Financial
$3.93Bn
22.28
+1.23%
+18.57%
CVB Financial operates as a community bank in California, taking deposits and providing loans to small and medium sized businesses and individuals. Its revenue is primarily driven by net interest income from commercial real estate, commercial and industrial, and consumer loans.
TNL
2nd
Travel & Leisure
$3.85Bn
62.95
-0.02%
+2.34%
The company provides consumer financing for the majority of its vacation ownership sales, generating revenue from these credit extensions to its customers.
BULL
Webull
$3.84Bn
7.34
+4.41%
-48.96%
Webull operates a digital investment platform providing brokerage services to retail investors for trading equities, options, and futures. Its revenue model is based on payment for order flow, commissions from retail customers, and margin/interest income from cash sweep balances.
BH-A
2nd
Biglari Holdings
$3.83Bn
1,813.06
+1.54%
+12.40%
The company provides commercial truck insurance, garage liability, and homeowners policies through subsidiaries like First Guard and Southern Pioneer, earning revenue from insurance premiums.
INDB
Independent Bank
$3.81Bn
80.06
+1.43%
+16.21%
Independent Bank Corp. operates as a state chartered bank holding company through Rockland Trust, with a deposit and lending franchise concentrated in eastern Massachusetts, southern New Hampshire, and Rhode Island. Its core revenue is derived from net interest income on commercial, commercial real estate, and consumer loans, funded by $20.1 billion in total deposits.
MRP
2nd
Millrose Properties
$3.80Bn
24.62
-2.30%
-25.44%
The company provides development loans secured by residential property and earns interest income on the outstanding balance of these loans. This activity constitutes a material portion of its total revenue alongside option fees.
BFH
Bread Financial Holdings
$3.79Bn
97.99
+1.10%
+77.71%
The company's core revenue is generated from issuing credit cards and providing installment and split-pay loans (Bread Pay) directly to consumers. It earns interest income, late fees, and interchange fees from these non-deposit-funded credit products.
NP
Neptune Insurance Holdings
$3.78Bn
27.44
+0.81%
-3.55%
Neptune operates as a managing general agent (MGA) that issues and administers policies on behalf of insurance and reinsurance partners without retaining underwriting risk. It earns revenue through commission sharing with capacity providers and fees from policyholders, acting as an intermediary that distributes products through a network of independent agents and brokers.
CNS
Cohen & Steers
$3.76Bn
73.07
+0.00%
+12.23%
Cohen & Steers is a global investment manager that manages portfolios across open-end funds, closed-end funds, and ETFs. It generates revenue through investment advisory and management fees based on assets under management (AUM) for both institutional and individual investors.
SKYW
2nd
Skywest
$3.74Bn
96.43
-1.29%
-3.64%
The company operates a SkyWest Leasing segment that finances new E175 aircraft and generates revenue from leasing aircraft and engines to third parties.
WT
WisdomTree
$3.70Bn
24.37
+1.41%
+82.68%
WisdomTree creates and manages exchange traded funds (ETFs) and exchange traded products (ETPs) across equities, commodities, and fixed income. Its primary revenue is generated from advisory fees calculated as a percentage of assets under management (AUM) for these pooled investment vehicles.
WSBC
Wesbanco
$3.65Bn
38.11
+1.30%
+18.24%
Wesbanco operates as a bank holding company with a banking subsidiary that maintains 251 branches across a specific regional footprint (West Virginia, Ohio, Pennsylvania, Kentucky, Indiana, Michigan, and Maryland). Its primary revenue is generated from interest income on commercial and consumer loans and fees from deposit accounts.
RNST
Renasant
$3.65Bn
39.92
+1.63%
+9.55%
Renasant operates as a community bank franchise in the Southeast, providing checking and savings accounts, commercial and industrial loans, and treasury management services. Its revenue is primarily driven by net interest income from these banking activities, which account for the vast majority of its gross revenues.
BANF
Bancfirst
$3.63Bn
108.08
+1.49%
-13.47%
BancFirst operates as a financial holding company with state-chartered banks in Oklahoma and Texas, providing checking, savings, and commercial loans to retail and small-to-medium business customers. Its revenue is primarily derived from net interest income on loans and fees from deposit services within these specific geographic footprints.
GNW
Genworth Financial
$3.61Bn
9.54
+2.47%
+7.19%
Genworth Financial operates the Enact segment, which provides private mortgage insurance to lenders and originators to protect against losses on loans. This activity involves underwriting property-related liability risk, which falls under Property and Casualty Insurance.
LMND
Lemonade
$3.59Bn
46.49
-0.58%
-12.78%
Lemonade underwrites and sells property and casualty insurance policies for renters, homeowners, pets, and cars. Its revenue is primarily derived from premiums collected on these policies, which cover property damage and liability risks.
VAC
2nd
Marriott Vacations Worldwide
$3.58Bn
104.11
+1.07%
+54.79%
The company provides financing to consumers purchasing vacation ownership products, generating significant financing income from interest and servicing fees on loans originated to these purchasers.
BRBI
BRBI BR Partners
$3.54Bn
11.24
+0.00%
-16.74%
The company operates as an independent advisory boutique providing strategic advisory for mergers, acquisitions, divestitures, and corporate restructurings. It generates significant revenue from advisory fees and underwriting commissions for debt and equity capital markets issuances.
INTR
Inter
$3.54Bn
5.48
+3.40%
-37.80%
Inter&Co operates as a digital bank with a banking charter, providing a full suite of services including deposits (digital accounts), credit, and investments. Its revenue is split across multiple banking business lines including net interest income from lending and fee income from banking and spending services.
NIC
Nicolet Bankshares
$3.51Bn
166.85
+2.02%
+26.79%
Nicolet Bankshares operates as a community-focused bank through its subsidiary Nicolet National Bank, offering checking, savings, and lending services concentrated in specific regions including Wisconsin, Michigan, Minnesota, Iowa, and Colorado. Its primary revenue is generated from net interest income on loans and deposits.
FIBK
First Interstate Bancsystem
$3.44Bn
36.00
+0.64%
+13.60%
First Interstate Bancsystem operates as a community bank with a concentrated footprint across twelve states, offering checking and savings accounts and commercial and industrial loans. Its revenue is primarily driven by net interest income from loans and deposits, as evidenced by its $22.1 billion in deposits and $15.2 billion in loans.
MHO
2nd
M
$3.41Bn
134.76
-0.45%
-8.26%
The company operates a financial services segment that generates revenue through mortgage origination fees, interest income from loans held for investment, and the sale of mortgages to agencies like Fannie Mae and Freddie Mac.
HG
Hamilton Insurance
$3.37Bn
34.13
+1.16%
+41.33%
Hamilton Insurance writes specialty and casualty insurance policies for commercial clients, including medium to large-sized accounts via its Global Specialty platform and small to mid-sized clients via Hamilton Select. It earns revenue from gross premiums written for property, casualty, and specialty lines.
FFBC
First Financial Bancorp
$3.35Bn
31.87
+1.14%
+25.03%
First Financial Bancorp operates as a regional bank holding company through First Financial Bank, providing checking, savings, and commercial lending across Ohio, Indiana, Kentucky, and Illinois. Its revenue is primarily driven by net interest income from commercial, industrial, and real estate loans.
AAMI
Acadian Asset Management
$3.34Bn
94.17
+0.20%
+103.74%
Acadian Asset Management manages approximately $178 billion in assets for institutional investors, including pension funds and sovereign wealth funds. Its revenue is primarily generated from investment management fees charged on separate accounts and commingled funds.
PLMR
Palomar Holdings
$3.31Bn
126.49
+0.44%
+12.61%
Palomar Holdings is a specialty insurance company that underwrites property and casualty insurance, including earthquake, casualty, inland marine, and crop insurance. It generates revenue primarily by writing policies and collecting premiums from individual and commercial customers.
PRK
Park National
$3.31Bn
183.12
+2.02%
+13.56%
Park National operates as a bank holding company through Park National Bank, taking deposits (savings, CDs) and providing loans (commercial, real estate, installment) primarily in Ohio and surrounding states. Its revenue is driven by net interest income and deposit-related fees, fitting the profile of a regional bank.
SFNC
Simmons First National
$3.31Bn
22.90
+0.75%
+19.08%
Simmons First National operates as a regional bank with a footprint concentrated in Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. It generates revenue from deposits (checking, savings, time deposits) and loans (commercial, industrial, and consumer) within this defined geographic area.
MCHB
Mechanics Bancorp
$3.30Bn
14.90
+0.47%
+15.06%
Mechanics Bancorp operates as a community bank with a regional footprint across California, Washington, Oregon, and Hawaii. It generates revenue from net interest income via checking, savings, and certificates of deposit, and provides commercial and industrial loans to manufacturers and distributors.
OAK-PA
Brookfield Oaktree Holdings
$3.28Bn
20.44
+0.05%
-6.45%
The company manages pooled alternative investment capital across credit, real estate, and equity strategies, including private debt funds and corporate private equity. It serves institutional investors such as pension funds and sovereign wealth funds, operating as a leader in the alternative asset management space alongside firms like Blackstone and KKR.
GBDC
Golub Capital Bdc
$3.26Bn
12.54
-0.87%
-8.73%
The company is explicitly structured and regulated as a business development company (BDC) under the Investment Company Act of 1940. Its revenue is generated from interest income on a portfolio of senior secured loans, second lien loans, and equity securities in U.S. middle market companies.
AB
Alliancebernstein Holding
$3.26Bn
35.01
+0.00%
-6.81%
Alliancebernstein is a global investment management firm that manages portfolios for institutions, retail investors, and private wealth clients. Its primary revenue is generated from investment advisory and services fees calculated as a percentage of its $867 billion in assets under management.
MIAX
Miami International Holdings
$3.26Bn
33.01
-2.11%
-19.55%
The company operates multiple regulated financial marketplaces, including four U.S. options exchanges, a U.S. equities exchange, a U.S. futures exchange, and two international securities exchanges. Its primary revenue is generated from transaction fees on trades executed on these exchanges, listing fees, and clearing fees.
PFSI
PennyMac Financial Services
$3.22Bn
62.01
+0.06%
-49.65%
PennyMac operates a comprehensive mortgage platform focused on the production and servicing of U.S. residential mortgage loans. It generates revenue through loan origination fees, gains on loan sales, and mortgage servicing rights.
CBU
Community Financial System
$3.19Bn
60.72
+1.35%
+4.91%
The company operates Community Bank, N.A., which provides traditional banking products including loans, deposits, and treasury solutions. Its footprint is concentrated in a specific region including Upstate New York, Northeastern Pennsylvania, Vermont, Western Massachusetts, and Southern New Hampshire.
NHI
2nd
National Health Investors
$3.18Bn
65.74
+1.06%
-16.37%
The company earns interest income by providing financing arrangements, including mortgages, construction loans, and mezzanine loans to tenants, operators, and third parties.
SBCF
Seacoast Banking Corp Of Florida
$3.16Bn
32.68
+1.62%
+7.39%
Seacoast Banking Corporation of Florida operates as a regional bank with a network of 104 branches across Florida and Georgia. Its primary revenue is generated from interest income on loan and investment portfolios and service charges on deposit accounts.
ABG
2nd
Asbury Automotive
$3.16Bn
175.80
-1.46%
-30.10%
The company operates a dedicated finance and insurance subsidiary, Total Care Auto (TCA), which provides specialized non-bank financing and protection products such as guaranteed asset protection and lease wear and tear contracts.
BKU
BankUnited
$3.14Bn
43.40
+1.62%
+14.03%
BankUnited is a bank holding company operating a national banking association that takes deposits (checking, savings, CDs) and provides loans within specific regional footprints including Florida, the New York Tri-State area, Dallas, Atlanta, and Charlotte. Its revenue is primarily driven by net interest income from these lending activities and fees from deposit and treasury services.
HTGC
Hercules Capital
$3.13Bn
16.73
-1.24%
-10.77%
Hercules Capital explicitly operates as an internally managed business development company (BDC) that originates and holds loans and equity in private middle-market businesses. Its revenue is primarily derived from interest income on its debt investments and capital appreciation from equity securities.
FHB
First Hawaiian
$3.07Bn
25.26
+1.45%
+3.27%
First Hawaiian operates as a chartered bank with a deposit and lending franchise concentrated in Hawaii, Guam, and Saipan. Its core products include checking and savings accounts, commercial and industrial loans, and residential mortgages, with revenue primarily from net interest income.
FSK
FS KKR Capital
$3.07Bn
10.98
-1.17%
-28.24%
The company explicitly states it is a closed-end management investment company that has elected to be regulated as a business development company (BDC). Its core activity is making debt and equity investments in private middle-market companies, generating revenue from interest and dividend income.
AGO
Assured Guaranty
$3.02Bn
68.49
+0.31%
-18.99%
The company's core activity is providing financial guaranty insurance that guarantees principal and interest payments on public finance and structured finance obligations. It generates its primary revenue from insurance premiums collected on these credit protection policies.
STNE
StoneCo
$3.00Bn
9.55
+1.38%
-47.53%
StoneCo originates and services credit products including working capital loans, revolving credit, and credit cards for Brazilian merchants. These credit solutions are a core revenue driver, with a credit book reaching R$2,836.3 million by the end of 2025.
DBRG
DigitalBridge
$3.00Bn
16.00
+0.06%
+36.75%
DigitalBridge is an investment manager that manages pooled alternative investment capital, specifically private equity and private credit, focused on digital infrastructure. It generates revenue through management fees, incentive fees, and carried interest from funds it sponsors, serving institutional investors like sovereign wealth funds and pensions.
SII
Sprott
$2.99Bn
116.14
+0.44%
+39.39%
Sprott operates as a specialized asset management firm managing investment portfolios including closed-end physical trusts, ETFs, and discretionary managed accounts. It generates the majority of its revenue through management fees earned from assets under management (AUM).
GPI
2nd
Group 1 Automotive
$2.98Bn
249.74
-2.76%
-43.96%
The company has a dedicated Finance and Insurance (F&I) segment that arranges vehicle financing and sells insurance products to consumers in connection with retail vehicle transactions.
CBZ
2nd
Cbiz
$2.97Bn
54.70
-0.07%
-0.27%
Within its Benefits and Insurance Services segment, the company operates as a property and casualty insurance brokerage and program and specialty insurance brokerage, acting as an intermediary for clients.
PFS
Provident Financial Services
$2.95Bn
22.59
+1.12%
+15.97%
Provident Financial Services operates Provident Bank, a community bank serving New Jersey, Pennsylvania, and New York. It generates revenue primarily through net interest income from commercial and residential loans funded by retail deposits like checking and savings accounts.
NMIH
NMI Holdings
$2.93Bn
38.83
+1.97%
+4.21%
NMI Holdings provides primary mortgage insurance that protects lenders and investors against default-related losses on residential loans. Its revenue is principally generated from premiums received on these insurance policies.
ASAIY
2nd
Sendas Distributor
$2.88Bn
10.65
+0.38%
+22.55%
The company generates significant revenue through its co-branded Cartão Passaí credit card issued via its partnership with FIC, providing consumer credit to its customer base.
BHF
Brighthouse Financial
$2.88Bn
50.02
-0.06%
-3.60%
Brighthouse Financial is a major provider of annuity and life insurance products, including term, universal, whole, and variable life insurance. It generates revenue from premiums, mortality and expense fees, and investment returns on its reserve portfolio.
FG
F&G Annuities & Life
$2.87Bn
21.92
-0.23%
-28.46%
F&G Annuities & Life provides a broad portfolio of annuities (fixed indexed, registered index-linked, multi-year guarantee) and indexed universal life insurance policies. It generates revenue from premiums collected on these products and manages the long-duration liabilities associated with mortality and longevity risk.
GRBK
2nd
Green Brick Partners
$2.87Bn
66.67
+0.35%
-12.64%
The company earns fees from mortgage origination through its wholly owned subsidiary, GRBK Mortgage.
SPNT
SiriusPoint
$2.83Bn
24.42
-0.04%
+36.12%
SiriusPoint operates a dedicated Reinsurance segment providing treaty and facultative reinsurance to other insurers, reinsurers, and government entities. This business focuses on absorbing risk for others, specifically in casualty, property, and catastrophe protection for natural perils.
APAM
Artisan Partners Asset Management
$2.83Bn
34.90
-3.54%
-18.89%
Artisan Partners manages investment portfolios across equity and fixed income for institutional and high-net-worth clients, earning revenue primarily from management fees based on assets under management. The company operates pooled vehicles like Artisan Funds and Artisan Global Funds, which are characteristic of traditional asset management.
KBH
2nd
Kb Home
$2.81Bn
45.76
-1.65%
-29.31%
The company operates a financial services segment that provides mortgage origination and loan processing fees to homebuyers through its affiliated mortgage joint venture.
BANC
Banc Of California
$2.80Bn
17.75
+1.54%
+4.91%
Banc of California is a state-chartered bank with a deposit and lending franchise concentrated in California, Colorado, and North Carolina. It provides core banking products including checking and savings accounts, commercial and industrial loans, and consumer loans through a network of 79 branches.
BOH
Bank Of Hawaii
$2.73Bn
69.29
+0.86%
+7.24%
Bank of Hawaii is a chartered bank with a deposit and lending franchise concentrated in Hawaii, Guam, and other Pacific Islands. It generates revenue from net interest income on commercial and industrial loans, residential mortgages, and consumer credit, as well as deposit account services.
SLDE
Slide Insurance Holdings
$2.73Bn
23.61
-0.08%
+60.29%
Slide Insurance Holdings operates as a property and casualty insurer, specifically underwriting single-family condominium and commercial residential policies. Its revenue is derived from gross premiums written and policy fees from these property insurance contracts.
HGV
2nd
Hilton Grand Vacations
$2.72Bn
34.83
+0.03%
-19.88%
The company generates a substantial portion of its revenue by financing and servicing loans provided directly to consumers for their VOI purchases.
NBTB
Nbt Bancorp
$2.68Bn
51.53
+1.56%
+25.04%
NBT Bancorp operates as a community-oriented financial institution with a multi-state footprint in the northeastern US, providing core banking products like checking and savings accounts, commercial and industrial loans, and residential mortgages. Its revenue is primarily driven by net interest income from these deposit and lending activities.
TRMK
Trustmark
$2.67Bn
45.93
+1.89%
+17.62%
Trustmark is a bank holding company operating Trustmark Bank with a deposit and lending franchise concentrated in a specific region (Alabama, Florida, Georgia, Mississippi, Tennessee, and Texas). It generates revenue primarily from net interest income on commercial and industrial loans, consumer credit, and deposits.
FBK
FB Financial
$2.67Bn
53.42
+2.49%
-5.97%
FB Financial operates as a bank holding company through its subsidiary FirstBank, taking deposits ($13.91 billion) and providing commercial and consumer loans across a specific southeastern regional footprint (Tennessee, Alabama, Kentucky, Georgia, and North Carolina). Its revenue is primarily driven by net interest income from commercial real estate, commercial and industrial, and consumer loans.
TWO-PC
Two Harbors Investment
$2.67Bn
25.39
+0.00%
+4.70%
Two Harbors Investment Corp. is a REIT whose assets consist of mortgage servicing rights and Agency residential mortgage-backed securities (RMBS) rather than physical buildings. Its revenue is derived from interest payments on mortgage pass-through certificates and contractual servicing fees, fitting the profile of a Mortgage REIT.
GCMG
GCM Grosvenor
$2.65Bn
13.05
-0.23%
+10.22%
GCM Grosvenor is an alternative asset manager that manages pooled capital across private equity, infrastructure, real estate, alternative credit, and absolute return strategies. Its revenue model is based on management fees and incentive fees earned from these illiquid and non-public strategies.
DX
Dynex Capital
$2.62Bn
11.03
-0.36%
-12.88%
Dynex Capital is a mortgage REIT (mREIT) that earns revenue from the net interest spread on a portfolio of residential and commercial mortgage-backed securities (RMBS and CMBS). Its assets are mortgage loans and securities rather than physical buildings, fitting the specific definition of F-08.
FBNC
First Bancorp
$2.58Bn
62.33
+1.23%
+19.68%
First Bancorp operates a state chartered bank that takes deposits and provides commercial and retail lending within a specific geographic footprint (North Carolina and South Carolina). Its revenue is primarily driven by net interest income from checking, savings, and various loan portfolios.
AKR
2nd
Acadia Realty Trust
$2.56Bn
18.63
-0.27%
-7.95%
The company operates an Investment Management segment that manages institutional capital through strategic opportunity funds (Fund 2, 3, 4, and 5) and earns management fees and incentive income.
HOG
2nd
Harley-Davidson
$2.55Bn
24.53
-1.21%
-13.08%
Harley-Davidson Financial Services provides retail consumer loans to buyers of motorcycles, earning interest and fees from these credit products.
CUBI
Customers Bancorp
$2.55Bn
75.53
+2.04%
+17.45%
Customers Bancorp operates as a bank holding company through Customers Bank, providing core banking products including checking, savings, and commercial and industrial loans. Its operations are concentrated across a specific set of states including Pennsylvania, New York, and California, fitting the profile of a regional bank.
FRME
First Merchants
$2.50Bn
40.15
+1.44%
+7.10%
First Merchants operates as a community-focused bank with 111 locations across Indiana, Ohio, and Michigan, providing checking, savings, and commercial loans. Its revenue is primarily driven by net interest income from its loan portfolio and deposits within this specific regional footprint.
DJT
2nd
Trump Media & Technology
$2.48Bn
8.91
+1.37%
-48.20%
Through its Truth.Fi brand, the company manages investment portfolios via separately managed accounts and exchange-traded funds (ETFs) such as TSSD and TSFN, earning management fees from these activities.
BUSE
First Busey
$2.47Bn
29.73
+0.92%
+28.92%
First Busey operates Busey Bank, an Illinois state-chartered bank that takes deposits and provides commercial, agricultural, and residential loans. Its banking footprint is concentrated in the Midwest and select regional markets across 10 states.
SYBT
Stock Yards Bancorp
$2.44Bn
78.64
+1.58%
+14.22%
Stock Yards Bancorp operates as a regional bank through its subsidiary, Stock Yards Bank & Trust Company, with a footprint concentrated in Kentucky, Indiana, and Ohio. It generates primary revenue from net interest income on consumer and commercial loans and retail deposits.
PLUS
2nd
Eplus
$2.44Bn
93.40
+0.55%
+28.14%
The Financing segment provides non-bank financing specifically for IT equipment through sales-type and operating leases and loans.
SKWD
Skyward Specialty Insurance
$2.44Bn
55.01
+0.42%
+20.06%
Skyward Specialty Insurance generates its main revenue from underwriting and issuing commercial insurance policies across multiple lines, including general liability, professional liability, commercial auto, and workers compensation. It takes on the risk of financial loss for businesses in exchange for premiums collected from policyholders.
PAYO
2nd
Payoneer Global
$2.42Bn
7.15
+0.14%
+17.79%
The company specializes in moving money across borders for SMBs, freelancers, and contractors, earning significant revenue from foreign exchange spreads on multi-currency transactions.
ASST
Strive
$2.39Bn
30.03
-0.27%
-43.55%
Strive operates as an institutional asset manager with over 2.4 billion dollars in assets under management, generating recurring fee-based revenue tied to its AUM. Its core activity involves managing a bitcoin treasury strategy and deploying capital to maximize long-term stockholder value.
BBT
Beacon Financial
$2.38Bn
28.35
+0.89%
+18.87%
Beacon Financial operates Beacon Bank & Trust, a chartered bank with a concentrated footprint in New England and New York. It provides core banking products including checking and savings accounts, commercial and industrial loans, and residential mortgages, generating revenue primarily from net interest income.
EEFT
2nd
Euronet Worldwide
$2.38Bn
63.50
-0.22%
-27.89%
The Money Transfer segment, including brands like Ria and Xe, facilitates cross-border payments and remittances across 207 countries, accounting for 42% of consolidated revenues.
OPEN
2nd
Opendoor Technologies
$2.36Bn
2.44
+1.67%
-69.54%
The company owns title and escrow subsidiaries that provide settlement services and collect fees for title insurance, escrow, and related closing services for the majority of its transactions.
NTB
Bank of N.T. Butterfield & Son
$2.35Bn
58.73
+0.65%
+39.37%
The company is a chartered bank providing retail and commercial banking services, including personal and business deposit accounts, residential and commercial mortgages, and various loan products. Its revenue is primarily generated from interest earnings on these loans and deposits within its regional footprints in Bermuda and the Cayman Islands.
PLGO
Pelagos Insurance Capital
$2.34Bn
24.23
-0.41%
+36.12%
The company operates an Insurance segment that underwrites a diverse portfolio of specialty risks, including property, marine, cyber, aviation, and political risk. It generates revenue primarily from gross premiums written on these insurance policies.
AGM
Federal Agricultural Mortgage
$2.33Bn
214.41
+2.46%
+30.32%
The company operates as a secondary market for agricultural and rural infrastructure loans, purchasing eligible loans from lenders and packaging them into securities. It generates revenue from net interest income on these loans and securities, as well as guarantee and commitment fees, which aligns with the activities of a mortgage lender and securitizer.
LTC
2nd
Ltc Properties
$2.32Bn
42.99
+0.70%
+17.94%
The company has a significant financing business, generating revenue from mortgage loans receivable and construction financing for health care properties.
BANR
Banner
$2.31Bn
67.88
+0.85%
+6.41%
Banner Corp operates as a Washington-chartered commercial bank with a deposit and lending franchise concentrated in the Pacific Northwest and intermountain West (Washington, Oregon, California, Idaho, Utah, and Nevada). Its core revenue is derived from net interest income on loans and deposits, and it provides traditional banking products such as checking accounts, savings accounts, and commercial loans.
HCI
Hci
$2.30Bn
184.23
+1.63%
-2.92%
HCI Group is primarily engaged in the property and casualty insurance business, generating revenue from premiums collected on homeowners' policies written by Homeowners Choice Property & Casualty Insurance Company and TypTap Insurance Company.
PBI
2nd
Pitney Bowes
$2.30Bn
16.75
+0.78%
+48.62%
The company operates Pitney Bowes Bank, which provides credit and financing options specifically to enable customers to acquire mailing and shipping equipment.
MBIN
Merchants Bancorp
$2.29Bn
49.95
+0.87%
+56.24%
The company operates a banking subsidiary, Merchants Bank, which takes retail deposits and provides traditional community banking products including commercial, agricultural, and SBA loans. Its Banking segment specifically serves retail and commercial customers in central Indiana through a branch network.
PRCH
Porch
$2.28Bn
17.31
+3.34%
+3.04%
The company operates a reciprocal exchange and subsidiary, Homeowners of America, which underwrites homeowners insurance policies in twenty states. It earns revenue from premiums collected on these policies and management fees for underwriting and risk management.
WAFD
Wafd
$2.28Bn
30.80
+2.74%
+3.01%
WaFd operates as a Washington state-chartered commercial bank with a branch network concentrated in nine western states. Its core revenue is derived from net interest income on loans (commercial real estate, C&I, and consumer) and customer deposits.
BBUC
2nd
Brookfield Business
$2.24Bn
25.57
+0.59%
-24.19%
The company owns a leading Canadian residential mortgage insurer and has investments in First National Financial Corporation, a mortgage lender, generating income from mortgage insurance and lending activities.
HTH
Hilltop Holdings
$2.20Bn
38.48
+1.42%
+16.89%
The company operates a banking segment providing traditional services such as commercial and industrial loans, commercial real estate loans, and treasury management primarily in Texas. This matches the profile of a regional bank with a concentrated geographic footprint.
USO
United States Oil Fund
$2.19Bn
147.41
-1.75%
+106.05%
United States Oil Fund, LP operates as a commodity pool that manages an investment portfolio of oil futures contracts and related instruments on behalf of its shareholders. Its core activity is deciding how to invest capital to track the daily percentage changes in the spot price of light, sweet crude oil.
EFSC
Enterprise Financial Services
$2.18Bn
60.08
+0.97%
+5.03%
The company operates as a financial holding company through Enterprise Bank & Trust, which takes deposits and provides commercial and industrial loans, commercial real estate financing, and consumer loans. Its operations are concentrated in specific regions including Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico.
OFG
Ofg Bancorp
$2.17Bn
51.31
+1.22%
+20.76%
OFG Bancorp operates as a financial holding company whose principal subsidiary, Oriental Bank, provides checking, savings, and certificates of deposit, alongside commercial, consumer, auto, and mortgage loans. Its operations are concentrated in Puerto Rico and the U.S. Virgin Islands, fitting the profile of a regional bank.
ETOR
eToro
$2.12Bn
25.42
-1.40%
-38.70%
eToro operates a platform where individual retail investors buy and sell equities, commodities, currencies, and cryptoassets. Its revenue model is based on trading commissions, spreads, and payment for order flow typical of a retail brokerage.
SRCE
1St Source
$2.09Bn
86.85
+1.06%
+44.01%
1st Source Bank operates a network of 78 banking centers across Indiana, Michigan, and Florida, providing core banking products such as checking and savings accounts, commercial loans, and residential mortgages. Its revenue is primarily driven by net interest income from these loans and deposits, as well as treasury management fees.
TRN
2nd
Trinity Industries
$2.08Bn
26.12
+1.36%
-5.94%
The company provides non-bank financing through full service operating leases for freight and tank railcars to industrial shippers and railroads, which fits the specialty finance niche for equipment leasing.
FCF
First Commonwealth Financial
$2.08Bn
20.56
+1.43%
+22.75%
First Commonwealth operates as a community bank with a network of 126 offices concentrated in western and central Pennsylvania and Ohio. Its core revenue is derived from net interest income on a loan portfolio including commercial, residential, and consumer loans, funded by retail deposits such as checking, savings, and certificates of deposit.
BLX
Bladex
$2.04Bn
54.78
-0.76%
+21.73%
Bladex is a chartered multinational bank that generates revenue primarily through net interest income from a loan portfolio of $11,184 million. It provides core banking products such as short and medium term loans, letters of credit, and guarantees to corporate and financial institution clients.
UWMC
UWM Holdings
$2.04Bn
1.27
+4.10%
-79.08%
UWM Holdings originates, underwrites, and sells residential mortgage loans into the secondary market, generating revenue from gains on sale and mortgage servicing rights. The company specifically focuses on conforming and government-eligible loans and is described as the largest residential mortgage lender in the U.S.
ECPG
Encore Capital
$2.03Bn
95.92
+1.72%
+132.03%
Encore Capital is a specialty finance company that acquires portfolios of defaulted consumer receivables at deep discounts and manages them for recovery. This non-bank commercial lending activity, specifically the purchase and holding of non-performing consumer debt, fits the specialty finance niche.
CHCO
City Holding
$2.01Bn
142.82
+1.01%
+17.29%
City Holding operates through City National Bank of West Virginia, a chartered bank with a deposit and lending franchise concentrated in West Virginia, Kentucky, Virginia, and southeastern Ohio. Its revenue is primarily driven by interest income on its loan portfolio and fees for deposit and treasury management services.
TBBK
Bancorp
$2.00Bn
48.81
-0.27%
-34.59%
The Bancorp is a federally chartered commercial bank that operates on a national scale, combining traditional banking (deposits and lending) with diversified fee-based services like card issuance and payment processing. Its revenue is split across net interest income from loans and substantial fee income from its Fintech Solutions segment.
ANG-PD
American National
$1.89Bn
23.74
+0.38%
-6.28%
American National underwrites life insurance policies, including whole life, universal life, and variable universal life, and sells annuity products such as fixed index and fixed rate annuities. Its revenue is derived from premiums on these policies and annuity contracts, taking on mortality and longevity risk.
WU
Western Union
$1.87Bn
6.01
-0.33%
-25.43%
Western Union's core business is cross-border and domestic money movement, with the Consumer Money Transfer segment accounting for 87% of total revenue. It generates income primarily from transaction fees and foreign exchange spreads on funds sent via its global retail agent network and digital platforms.
CMRE
2nd
Costamare
$1.86Bn
15.44
+1.38%
+29.31%
The company operates a lease financing platform called Neptune, which engages in sale and leaseback transactions and bareboat charters for various vessel types across the maritime sector.
EZPW
Ezcorp
$1.86Bn
30.20
+0.47%
+66.67%
Ezcorp provides cash advances (pawn loans) against personal property to individuals and small businesses, generating revenue primarily from pawn service charges. This is a form of consumer lending conducted outside a traditional deposit-taking bank.
GABC
German American Bancorp
$1.86Bn
49.40
+1.23%
+27.32%
German American Bancorp operates as a regional bank with a deposit and lending franchise concentrated in Indiana, Kentucky, and Ohio. It generates revenue from net interest income on consumer, commercial, agricultural, and residential mortgage loans, as well as deposit and treasury-management fees.
ARR
Armour Residential REIT
$1.85Bn
13.59
-1.59%
-12.44%
Armour Residential REIT is a REIT whose assets consist of agency mortgage-backed securities and U.S. Treasury securities rather than physical buildings. Its revenue is derived from the net interest spread between the yield on these mortgage assets and the cost of its repurchase agreement financing.
IDT
2nd
Idt
$1.84Bn
79.08
-1.10%
+58.48%
The Fintech segment generates revenue from international money remittance through BOSS Money and electronic money services provided by IDT Services Limited.
BXMT
Blackstone Mortgage Trust
$1.84Bn
10.90
-3.63%
-41.71%
Blackstone Mortgage Trust is a REIT whose assets are mortgage loans and debt investments collateralized by commercial real estate rather than physical buildings. Its revenue is primarily generated from interest income on a portfolio of senior floating rate mortgages and other credit-oriented investments.
HMN
Horace Mann Educators
$1.84Bn
45.31
+0.91%
+2.49%
The company is an insurance holding company that generates significant revenue from its Property & Casualty segment, which provides auto, homeowners, and renters insurance, generating $804.4 million in direct premiums.
SMA
2nd
SmartStop Self Storage REIT
$1.80Bn
32.51
+0.84%
-12.89%
The company generates revenue from financing activities, providing mezzanine loans, bridge loans, promissory notes, and preferred equity to Managed REITs and joint venture properties.
NTST
2nd
Netstreit
$1.78Bn
17.51
+0.69%
-4.79%
The company generates a portion of its revenue from interest income derived from mortgage loans secured by real estate, which it invests in alongside its property portfolio.
HAPN
Happen
$1.77Bn
15.38
-0.13%
+2.74%
LendingClub operates as a nationally chartered digital bank that combines retail banking (FDIC insured savings, checking, and CDs) with a diversified set of activities including a loan marketplace and capital markets activities (selling loans to investors). This multi-segment character, combined with its national charter and deposit-taking, fits the definition of a Money Center Bank.
DCOM
Dime Commercial Bancshares
$1.76Bn
39.91
+1.04%
+33.97%
The company operates as a bank holding company for Dime Community Bank, a New York State chartered trust company focused on the Greater Long Island and New York City metropolitan area. It generates revenue from net interest income on a diversified loan portfolio including commercial real estate, residential mortgages, and consumer loans, as well as deposit account services.
STBA
S&T Bancorp
$1.75Bn
49.64
+1.29%
+33.44%
S&T Bancorp operates as a Pennsylvania chartered bank with 72 branches concentrated in Pennsylvania and Ohio. Its core business involves taking deposits and originating commercial, consumer, and mortgage loans, with revenue primarily derived from net interest income.
HOPE
Hope Bancorp
$1.75Bn
13.68
+1.33%
+28.33%
Hope Bancorp operates Bank of Hope and Territorial Savings, which are chartered banks providing checking and savings accounts and commercial loans. Its revenue is primarily derived from net interest income on its loan portfolio funded by deposits across a specific regional footprint in the US and Hawaii.
FSUN
Firstsun Capital Bancorp
$1.74Bn
39.52
+1.86%
+1.70%
FirstSun Capital Bancorp operates as a regional bank through its subsidiary Sunflower Bank, providing checking and savings accounts, commercial and industrial loans, and commercial real estate loans. Its operations are concentrated in a specific geographic footprint including Texas, Kansas, Colorado, New Mexico, Arizona, California, and Washington.
TSLX
Sixth Street Specialty Lending
$1.72Bn
18.02
-0.39%
-19.95%
The company explicitly identifies as a business development company (BDC) that originates and holds loans and equity in U.S. domiciled middle market companies. Its revenue is primarily derived from interest income on senior secured loans, mezzanine loans, and dividends on equity investments.
PWP
Perella Weinberg Partners
$1.71Bn
15.82
+0.38%
-24.70%
Perella Weinberg Partners provides strategic and financial advice on mergers and acquisitions, restructuring, and capital raises. Its revenue is primarily generated through advisory fees from these consulting services for corporate and institutional clients.
BY
Byline Bancorp
$1.71Bn
37.74
+1.40%
+37.94%
Byline Bancorp operates as a community-focused commercial bank with a branch network concentrated in the Chicago metropolitan and Milwaukee areas. It generates revenue primarily from net interest income on commercial and industrial loans, commercial real estate loans, and retail deposits.
CCS
2nd
Century Communities
$1.70Bn
59.83
-0.66%
-5.96%
The company's Financial Services segment, through Inspire Home Loans Inc., provides mortgage services to homebuyers.
LOB
Live Oak Bancshares
$1.70Bn
36.69
+0.91%
+6.53%
Live Oak Bancshares owns Live Oak Banking Company, which is a chartered bank that gathers deposits and originates loans. Its revenue is primarily generated from net interest income on small business loans and deposit account charges.
NBHC
National Bank Holdings
$1.70Bn
38.07
-2.78%
-1.40%
National Bank Holdings operates as a bank holding company with a network of over 90 banking centers concentrated in specific regions including Colorado, Kansas City, Texas, Utah, Wyoming, New Mexico, and Idaho. Its core revenue is driven by net interest income from commercial and industrial loans, commercial real estate, and residential mortgages funded by deposit accounts.
BFC
Bank First
$1.69Bn
152.60
+2.07%
+22.70%
Bank First operates as a community-focused bank with a branch network concentrated in Wisconsin and Illinois. Its core revenue is derived from net interest income on commercial, industrial, and consumer loans, as well as deposit-taking activities.
TCBK
Trico Bancshares
$1.68Bn
52.59
+1.53%
+20.51%
TriCo Bancshares operates Tri Counties Bank, a California-chartered commercial bank that takes deposits (demand, savings, and time deposits) and provides loans to individuals and businesses within its California footprint. Its revenue is derived from net interest income on consumer, commercial, and real estate loans, as well as treasury management fees.
CNOB
ConnectOne Bancorp
$1.67Bn
30.78
+1.45%
+25.07%
ConnectOne Bancorp operates as a bank holding company for ConnectOne Bank, which takes deposits (checking, savings, money market) and provides loans (commercial, residential, consumer) within a specific geographic footprint in the New York metro area and Florida. Its revenue is primarily derived from net interest income and deposit-related fees.
AHL-PD
Aspen Insurance Holdings
$1.65Bn
18.01
-1.64%
-18.65%
Aspen underwrites specialty insurance, including first party, casualty, liability, and financial and professional lines through subsidiaries like Aspen UK and Aspen Specialty. These activities involve taking on risk for corporate clients in exchange for premiums.
TRIN
Trinity Capital
$1.65Bn
17.58
+0.17%
+12.98%
Trinity Capital is explicitly described as a closed-end management investment company that has elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940. It generates revenue through interest income on debt investments and dividend distributions from equity and warrant holdings in private middle-market businesses.
OBK
Origin Bancorp
$1.65Bn
53.57
+1.84%
+55.91%
Origin Bancorp operates as a regional bank through Origin Bank, serving a specific geographic footprint including Texas, Louisiana, Mississippi, South Alabama, and the Florida Panhandle. Its core revenue is derived from net interest income on commercial, construction, and consumer loans, funded by a deposit franchise consisting of business, consumer, and public fund deposits.
QCRH
Qcr Holdings
$1.65Bn
100.95
+1.70%
+34.26%
QCR Holdings operates four wholly owned banking subsidiaries (Quad City Bank & Trust, Cedar Rapids Bank & Trust, Community State Bank, and Guaranty Bank) that provide commercial and consumer banking services within a specific regional footprint in the Midwest. Its revenue is primarily driven by net interest income from loans and deposits, which is the core characteristic of a regional bank.
RBCAA
Republic Bancorp
$1.64Bn
93.69
+1.61%
+32.24%
Republic Bancorp operates as a financial holding company for Republic Bank & Trust Company, which provides traditional banking products including checking/savings accounts, commercial real estate loans, and business loans within its regional Kentucky footprint. Its revenue is primarily driven by net interest income on these loans and deposits.
PAX
Patria Investments
$1.63Bn
10.21
+0.69%
-28.15%
Patria Investments is a global alternative investment firm managing pooled capital across private equity, infrastructure, and credit strategies. Its revenue model is based on management fees and performance/incentive fees from institutional and high-net-worth investors.
EVTC
2nd
Evertec
$1.63Bn
27.24
-0.37%
-17.35%
The company operates the ATH debit network, providing authorization, processing, and recording of ATM and POS transactions, which functions as the network rails connecting banks.
GSHD
Goosehead Insurance
$1.62Bn
45.51
-3.48%
-36.89%
Goosehead Insurance operates as an independent insurance agency that places personal lines policies with over 200 carrier partners. It earns revenue through commissions and fees from these carriers and clients, but it does not underwrite the risk itself.
STC
Stewart Information Services
$1.57Bn
51.62
+1.98%
-28.79%
The company is one of the largest global title insurance underwriters, generating its primary revenue from title insurance premiums issued to lenders and owners. It provides core title services including search, examination, and the issuance of policies to protect against defects in title.
CASH
Pathward Financial
$1.54Bn
73.96
+0.33%
+0.57%
Pathward Financial is a national bank holding company with a wholly owned national bank subsidiary that takes deposits and operates on a nationwide scale. Its revenue is split across multiple banking business lines, including retail/consumer payments (Partner Solutions) and commercial lending (Commercial Finance), fitting the multi-segment character of a Money Center Bank.
SAFT
Safety Insurance
$1.53Bn
103.92
+0.11%
+48.10%
Safety Insurance Group underwrites private passenger and commercial automobile insurance policies, taking on the risk of financial loss from accidents and property damage. Its revenue is primarily derived from insurance premiums written on these policies.
KMPR
Kemper
$1.51Bn
25.67
-1.08%
-49.07%
Kemper's largest revenue driver is its Specialty Property & Casualty Insurance segment, which provides personal and commercial automobile coverage. This segment produced $2,990.3 million in earned premiums over the nine months ended September 30, 2025.
WLTH
Wealthfront
$1.51Bn
10.03
-3.28%
—
Wealthfront manages investment portfolios for clients and earns an asset-based fee (0.25% on its most popular offering), which contributed roughly 25% of its revenue in fiscal 2026. This core activity of deciding how to invest other people's money for a fee aligns with Asset Management.
CSWC
Capital Southwest
$1.50Bn
23.52
+0.94%
+6.72%
Capital Southwest is explicitly described as a regulated business development company (BDC) that originates and holds loans and equity in lower middle market businesses. Its revenue is primarily generated through interest income from first lien debt securities and capital appreciation from preferred and common stock.
PGY
2nd
Pagaya Technologies
$1.50Bn
17.98
+3.10%
-42.13%
The company generates returns from capital deployed through financing vehicles that purchase loans, managing these assets for institutional investors such as pension funds, sovereign wealth funds, and asset management firms.
TFIN
Triumph Financial
$1.49Bn
62.36
+1.95%
+28.82%
Triumph Financial operates TBK Bank, which provides a full suite of traditional lending and deposit products, including commercial real estate, construction, and consumer loans, concentrated in specific regional markets like Iowa, Illinois, Colorado, New Mexico, and Kansas.
INVA
2nd
Innoviva
$1.49Bn
20.50
-0.24%
+16.08%
The company maintains a 'Strategic Investments' segment where it holds equity stakes in various healthcare and biotech companies, such as Armata Pharmaceuticals and InCarda Therapeutics, to generate financial returns through appreciation or strategic exits.
EFC
Ellington Financial
$1.48Bn
11.59
-0.94%
-11.86%
Ellington Financial is a REIT whose revenue is primarily derived from a portfolio of mortgage-related assets, including agency and non-agency RMBS, CMBS, and residential mortgage loans. Its core business model focuses on generating returns from the net interest spread and performance of these mortgage-backed securities and loans rather than renting physical property.
LKFN
Lakeland Financial
$1.47Bn
59.07
+1.67%
-6.49%
Lakeland Financial operates Lake City Bank, a chartered bank with a deposit and lending franchise concentrated in fifteen Indiana counties. Its core revenue comes from net interest income on commercial, industrial, agricultural, and consumer loans, as well as deposit and treasury-management fees.
AMAL
Amalgamated Financial
$1.44Bn
48.19
+0.73%
+80.76%
Amalgamated Financial operates Amalgamated Bank, which provides a full suite of retail and commercial banking products including checking, savings, and certificates of deposit. Its revenue is primarily driven by net interest income from commercial and industrial loans, commercial real estate, and consumer loans.
TMP
Tompkins Financial
$1.42Bn
98.93
+1.74%
+51.13%
Tompkins Financial operates as a community-based financial services organization with a banking subsidiary, Tompkins Community Bank, which maintains 54 branches across New York and Pennsylvania. Its primary revenue is interest income from commercial, agricultural, consumer, and real estate loans funded by deposits gathered from its local branch network.
BHRB
Burke & Herbert Financial Services
$1.41Bn
69.86
+1.44%
+17.06%
The company operates as a Virginia-chartered commercial bank with a deposit and lending franchise concentrated in the Washington, D.C. metropolitan area and surrounding regions. It provides core banking products including checking, savings, commercial and industrial loans, and commercial real estate loans to local businesses and individuals.
UFCS
United Fire
$1.40Bn
54.62
+1.26%
+80.98%
United Fire Group is a property and casualty insurer that underwrites commercial lines including fire, liability, automobile, workers’ compensation, and surety. Its revenue is primarily generated from premiums earned on these P&C policies sold to small businesses and middle market firms.
TRTN-PA
2nd
Triton International
$1.40Bn
25.49
+0.75%
-0.62%
The company operates a substantial equipment leasing business, providing non-bank financing and leasing for specialized intermodal equipment. This activity involves structuring finance leases and managing a large balance sheet of leased assets, fitting the specialty finance profile.
IIPR
2nd
Innovative Industrial Properties
$1.39Bn
50.51
-0.98%
-10.82%
The company provides non-bank financing and credit facilities, specifically citing a credit facility extended to IQHQ and fees associated with loan origination and servicing activities.
CTBI
Community Trust Bancorp
$1.38Bn
76.21
+1.28%
+38.39%
The company operates as a bank holding company for Community Trust Bank, Inc., which accepts time and demand deposits and provides commercial and personal loans. Its geographic footprint is concentrated in specific regions of Kentucky, West Virginia, and Tennessee.
WABC
Westamerica Bancorporation
$1.37Bn
59.60
+0.81%
+22.81%
Westamerica Bancorporation operates as a bank holding company through Westamerica Bank, providing core banking products such as checking, savings, and time deposit accounts. Its revenue is primarily driven by net interest income from commercial, real estate, and consumer loans within its specific market area.
PEBO
Peoples Bancorp
$1.35Bn
37.48
+1.60%
+26.24%
Peoples Bancorp operates as a financial holding company for Peoples Bank, an Ohio state chartered bank that provides checking, savings accounts, and loans to individuals and businesses across a specific regional footprint including Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland.
FMBH
First Mid Bancshares
$1.33Bn
49.98
+1.42%
+34.57%
First Mid Bancshares operates First Mid Bank & Trust, N.A., which provides traditional banking products including commercial and industrial loans, residential mortgages, and deposit accounts. Its banking activities, particularly lending, represent the largest revenue source at approximately 74% of total revenues, and its operations are concentrated in a specific regional footprint including Illinois, Missouri, Wisconsin, Texas, and Indiana.
TWFG
Twfg
$1.33Bn
24.61
-0.57%
-10.38%
TWFG operates as an independent distribution platform that earns commissions by placing insurance policies between carriers and clients. It does not underwrite risk itself, but instead acts as an intermediary through its network of over three thousand independent agencies.
HBT
HBT Financial
$1.32Bn
36.34
+1.51%
+46.47%
HBT Financial operates as a bank holding company through Heartland Bank and Trust Company, which takes deposits and provides loans within a specific geographic footprint in Illinois and eastern Iowa. Its core revenue is derived from net interest income on commercial, industrial, and agricultural loans, as well as deposit and treasury-management fees.
UMH
2nd
Umh Properties
$1.32Bn
15.42
+0.52%
+5.91%
Through its taxable REIT subsidiary and the COP program with Triad Financial, the company provides financing for manufactured home purchases to residents and prospective buyers.
