Sunday, July 21, 2013

Top Financial Stocks To Own Right Now

The market was moving higher this morning, but several financial stocks were lagging.�

In addition to a U.S. regional bank and international insurer ticking lower, Zillow (NASDAQ: Z  ) was down roughly 10% in the early hours of trading despite posting record numbers. Despite the pullback, the shares of the provider of the popular mortgage marketplace are still up over 100% in 2013.

In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson highlight these stocks and why there may be�opportunity.�

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Top Financial Stocks To Own Right Now: Banco Bilbao Vizcaya Argentaria S.A. (BBVA)

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a diversified international financial group, with strengths in the traditional banking businesses of retail banking, asset management, private banking and wholesale banking. The Company also has investments in some of Spain�� companies. During the year ended December 31, 2009, BBVA focused its operations on six major business areas: Spain and Portugal, Wholesale Banking and Asset Management, Mexico, The United States, South America and Corporate Activities. On August 21, 2009, through its subsidiary BBVA Compass, BBVA acquired certain assets of Guaranty from the United States Federal Deposit Insurance Corporation (the FDIC).

Spain and Portugal

The Spain and Portugal business area focuses on providing banking services and consumer finance to private individuals, enterprises and institutions in Spain and Portugal. The main business units included in the Spain and Portugal area Spanish Retail Network, which manages individual customers, high net-worth individuals (private banking) and small companies and retailers in the Spanish market; Corporate and Business Banking, which manages business with small and medium enterprises (SMEs), large companies, institutions and developers in the Spanish market, and Other units, which includes consumer finance, that manages renting and leasing business, credit to individual and to enterprises for consumer products and Internet banking; European Insurance that manages the insurance business in Spain and Portugal, and BBVA Portugal, that manages the banking business in Portugal. The Spanish Retail Network unit services the financial and non-financial needs of households, professional practices, retailers and small businesses. The Corporate and Business Banking unit offers a range of services and products to SMEs, large companies, institutions and developers with specialized branch networks for each segment.

The Company�� European Insurance unit�� activities are conducted through! various insurance companies that provide direct insurance, reinsurance and insurance brokering services in Spain and Portugal and market products for different types of customers (private individuals, SMEs, retailers, professional service firms and providers and self-employed individuals) through this unit�� branch offices. BBVA Portugal manages its banking business in Portugal.

Wholesale Banking and Asset Management

The Wholesale Banking and Asset Management area focuses on providing services to large international companies and investment banking, capital markets and treasury management services to clients. The business units included in the Wholesale Banking and Asset Management area are Corporate and Investment Banking, which coordinates origination, distribution and management of a complete catalogue of corporate and investment banking products (corporate finance, structured finance, syndicated loans and debt capital markets) and provides global trade finance and global transaction services with coverage of large corporate customers specialized by sector (industry bankers); Global Markets, which handles the origination, structuring, distribution and risk management of market products, which are placed through its trading rooms in Europe, Asia and the Americas; Asset Management, which designs and manages the products that are marketed through its different branch networks including traditional asset management, alternative asset management and Valanza (its private equity unit); Industrial and Other Holdings, which helps to diversify the area�� businesses with the aim of creating medium and long-term value through active management of a portfolio of industrial holdings and other Spanish and international projects, and Asia.

During the year ended December 31, 2009, it launched two products: BBVA Bonos Cash (BBVA Cash Bonds), a money market fund for retail customers, and BBVA Bonos Largo Plazo Gobiernos II (BBVA Long-Term Government Bonds), a public-debt fu! nd. In ad! dition it launched through this unit additional fixed-income long-term funds, including BBVA Bonos Corporativos 2011 and BBVA Bonos 2014, which were sold to HNWI customers.

Mexico

The business units included in the Mexico area are Retail and Corporate banking and Pensions and Insurance. BBVA Bancomer launched six new mortgage products for lending to home buyers in 2009. These products included: loans for home improvements, remodeling or additions to homes and financial discount which provides liquidity to construction companies. In Mexico, it operates its pensions business through Afore Bancomer, its insurance business through Seguros Bancomer, its annuities business through Pensiones Bancomer and its health insurance business through Preventis.

The United States

The business units included in the United States area are BBVA Compass and Other units: BBVA Puerto Rico and Bancomer Transfers Services (BTS). During 2009 this unit marketed and sold several new products, The ClearPoints credit card, Business Build-to-order Checking, Compass for your Cause and Money Market Sweep.

South America

The South America business area includes its banking, insurance and pension businesses in South America. The business units included in the South America business area are Retail and Corporate Banking, which includes banks in Argentina, Chile, Colombia, Panama, Paraguay, Peru, Uruguay and Venezuela; Pension businesses, which includes pensions businesses in Argentina, Bolivia, Chile, Colombia, Ecuador and Peru and Dominican Republic, and Insurance businesses, which includes insurance businesses in Argentina, Chile, Colombia, Dominican Republic and Venezuela.

Corporate Activities

The Corporate Activities area handles its general management functions. These mainly consist of structural positions for interest rates associated with the euro balance sheet and exchange rates, together with liquidity management and shareholde! rs��fun! ds.

Top Financial Stocks To Own Right Now: Bank Mutual Corporation(BKMU)

Bank Mutual Corporation operates as the holding company for Bank Mutual that provides various financial products and services primarily in the state of Wisconsin. The company attracts deposits and originates loans. Its deposit portfolio comprises regular savings, interest-bearing and noninterest-bearing demand accounts, money market accounts, certificate of deposits, as well as IRA time deposit accounts and health savings accounts. The company?s loan product line includes mortgage loans, which includes loans secured by one-to four-family residences, multi-family properties, and commercial real estate properties, as well as construction loans secured by the same types of properties; consumer loans comprising home equity loans, home equity lines of credit, home improvement loans, automobile loans, recreational vehicle loans, marine loans, deposit account loans, overdraft protection lines of credit, and unsecured consumer loans, as well as unsecured consumer loans through cr edit card programs; and commercial business loans comprising loans to businesses for equipment purchases, working capital lines of credit, debt refinancing, small business administration loans, and domestic stand-by letters of credit. Bank Mutual Corporation, through its other subsidiaries, provides investment, brokerage, and insurance services; and involves in the development and sale of land. It also offers investment services, including tax deferred and tax free investments, mutual funds, and government securities, as well as provides personal insurance, business insurance, life and disability insurance, and mortgage protection products. As of December 31, 2009, Bank Mutual Corporation operated 78 banking offices in Wisconsin and 1 in Minnesota. The company was founded in 1892 and is headquartered in Milwaukee, Wisconsin.

10 Best Stocks To Watch Right Now: Mucklow(a&j)

A & J Mucklow Group plc, a real estate investment trust (REIT), engages in the investment and development of industrial and commercial properties in the United Kingdom. The company?s investment property portfolio includes industrial, offices, and retail properties; and development land holdings. It is also involved in the sale of investment properties and trading of properties. A & J Mucklow Group plc was founded in 1933 and is based in Halesowen, the United Kingdom.

Top Financial Stocks To Own Right Now: PIMCO New York Municipal Income Fund(PNF)

PIMCO New York Municipal Income Fund is a mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It operates as a nondiversified, closed-end management investment company. The fund invests primarily in municipal securities. The fund?s investment portfolio includes investments in hospital, water and sewer, tobacco, state and local general obligations, education, lease, tax, and power sectors. PIMCO New York Municipal Income Fund was formed in 2001 and is domiciled in United States.

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