In this article, we will look at the 11 Best Financial Stocks to Buy Right Now.
On September 2, Josh Brown, CEO of Ritholtz Wealth Management, appeared on CNBC to discuss his bullish outlook on the financial services sector, with a particular focus on regional banks. He noted that the financial stocks have been leading during the year. However, recently, smaller names, which include regional banks, have started to show strong potential.
Brown sees mortgage refinancing as a key catalyst for these regional banks. He noted that mortgage rates have been declining for nine out of the last 12 weeks. This has increased the number of homeowners who can save money by refinancing their mortgages from 1.7 million at the end of July to 2 million in September. Brown believes that if the rates fall to about 6%, around 6 million homeowners could refinance, boosting demand for loans and home sales. This scenario will help regional banks perform even better.
Brown’s thesis was taken positively by other experts on the panel, who also cited their own financial sector being overweight and holding various regional bank stocks.
With that, let’s take a look at the 11 best financial stocks to buy right now.
Our Methodology
To curate the list of best financial stocks to buy right now, we used the Finviz stock screener. Using the screener, we aggregated a list of financial services stocks by market capitalization. Next, we ranked these stocks based on the number of hedge fund holders sourced from Insider Monkey’s Q2 2025 database.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
11 Best Financial Stocks to Buy Right Now
11. Blackstone Inc. (NYSE:BX)
Number of Hedge Fund Holders: 72
Blackstone Inc. (NYSE:BX) is one of the Best Financial Stocks to Buy Right Now. On September 3, Neuberger Berman Capital Solutions announced that it is making a significant growth investment in Sphera, a company specializing in operational risk management software and data. Neuberger Berman Capital Solutions noted that it will invest on behalf of client funds and join Blackstone Inc. (NYSE:BX), which is the existing majority investor, to support Sphera’s growth.
Sphera provides SaaS software and proprietary data to help global organizations manage risks related to environment, health, safety, and sustainability. The company serves over 8,500 customers and one million users in 100 countries. The CEO of Sphera, Paul Marushka, welcomed Neuberger Berman Capital Solutions as a strategic partner alongside Blackstone Inc. (NYSE:BX). In addition, Neuberger Berman Capital Solutions noted that the investment will accelerate innovation and expand Sphera’s global reach.
Blackstone Inc. (NYSE:BX) is a global alternative asset manager specializing in investments across real estate, private equity, credit, infrastructure, and hedge funds.
10. The Goldman Sachs Group, Inc. (NYSE:GS)
Number of Hedge Fund Holders: 73
The Goldman Sachs Group, Inc. (NYSE:GS) is one of the Best Financial Stocks to Buy Right Now. On September 2, The Goldman Sachs Group, Inc. (NYSE:GS) announced a strategic collaboration with Elevation Point, which is a growth partner for independent advisors.
Under this partnership, Elevation Point’s partner firms will get access to Goldman Sachs’ broad financial services, including banking, lending, trading, asset management, and capital markets. Moreover, the collaboration expands an existing relationship with The Goldman Sachs Group, Inc.’s (NYSE:GS) Custody Solutions, which will now be the key custodian for Elevation Point.
The Goldman Sachs Group, Inc. (NYSE:GS) will enhance the operational model of Elevation Point by offering access to lending, direct indexing, and customized investment models. The collaboration aims to deliver tailored investment solutions to meet the needs of sophisticated independent advisors and their clients.
The Goldman Sachs Group, Inc. (NYSE:GS) is a global financial institution offering a wide range of financial services. It serves corporations, financial institutions, governments, and individuals through its key business segments.
9. Wells Fargo & Company (NYSE:WFC)
Number of Hedge Fund Holders: 75
Wells Fargo & Company (NYSE:WFC) is one of the Best Financial Stocks to Buy Right Now. Wall Street has been bullish on the stock since the company topped revenue and EPS estimates for its fiscal second quarter of 2025. The revenue of $20.82 billion was $15.16 million higher, while the EPS of $1.54 topped estimates by $0.14.
Management noted that the revenue growth was driven by increased fee-based income, with gains coming from both net interest and non-interest income. Moreover, the bank continues to stay focused on investing in business growth while managing expenses carefully.
Since the earnings release announcement, several analysts have expressed their bullish sentiment on Wells Fargo & Company (NYSE:WFC). Earlier, on July 31, John Pancari from Evercore ISI raised the firm’s price target on the stock from $91 to $94, while reiterating a Buy rating. More recently, Scott Siefers from Piper Sandler also reiterated a Buy rating on Wells Fargo & Company (NYSE:WFC) with a price target of $87.
Wells Fargo & Company (NYSE:WFC) is a large financial services company offering banking, mortgage, and investment products.
8. The Progressive Corporation (NYSE:PGR)
Number of Hedge Fund Holders: 99
The Progressive Corporation (NYSE:PGR) is one of the Best Financial Stocks to Buy Right Now. On August 28, Matthew Heimermann from Citi maintained a Buy rating on The Progressive Corporation (NYSE:PGR) with a price target of $312.
The analyst noted that he anticipates the company to perform better than expected in the next three months. This outperformance is likely to lead analysts to raise their earnings estimates for 2026. At the moment, analysts’ 12-month target price of $281 reflects a 14.52% upside from current levels.
Heimermann highlighted that this outperformance will be led by ongoing improvements in the profit margins. He elaborated that better margins usually mean higher profits, which can boost investor confidence and result in increased stock value. The analyst also noted that The Progressive Corporation (NYSE:PGR) has now stabilized its revenue growth, with revenue growing 12.15% during the fiscal second quarter of 2025. Management is now focused on improving its EPS, and this shift is expected to improve the market sentiment of the stock.
Heimermann’s analysis places the company’s future performance nearly 10% above the consensus forecast for 2026.
The Progressive Corporation (NYSE:PGR) is an insurance company offering coverage for personal and commercial vehicles.
7. The Charles Schwab Corporation (NYSE:SCHW)
Number of Hedge Fund Holders: 100
The Charles Schwab Corporation (NYSE:SCHW) is one of the Best Financial Stocks to Buy Right Now. The Charles Schwab Corporation (NYSE:SCHW) released its Monthly Activity Report for July 2025 on August 14, highlighting strong performance.
The company reported growing its core net new assets by 62% year-over-year to reach a record of $46.9 billion for July. Similarly, total client assets also grew 15% year-over-year to reach $10.96 trillion during the month. Moreover, the company reported a 15% increase in new brokerage account openings to reach 377,000, along with high investor activity as average client margin loans rose 4% month-over-month.
The July update of The Charles Schwab Corporation (NYSE:SCHW) was taken positively by Wall Street, as several analysts expressed their bullish sentiment on the stock. On August 14, Jeff Schmitt from William Blair reiterated a Buy rating on the stock without disclosing any price target. Moreover, the next day, on August 15, David Smith of Truist Financial also reiterated a Buy rating without a price target. Overall, analysts’ 12-month price target of $110 points towards a 19.42% upside from the current levels.
The Charles Schwab Corporation (NYSE:SCHW) is a financial services company offering a wide range of brokerage, banking, and wealth management services.
6. Citigroup Inc. (NYSE:C)
Number of Hedge Fund Holders: 102
Citigroup Inc. (NYSE:C) is one of the Best Financial Stocks to Buy Right Now. On September 4, Citigroup Inc.’s (NYSE:C) Citi Wealth announced a new partnership with BlackRock to create a new portfolio offering. Under this partnership, BlackRock will manage about $80 billion in assets for thousands of Citi Wealth clients, which were previously managed by Citi Investment Management.
The portfolio offering is called Citi Portfolio Solutions and will combine Citigroup Inc.’s (NYSE:C) expertise in investment advisory with BlackRock’s strength in investment management and technology. BlackRock will manage various investment strategies, including Equities, Fixed Income, Multi-Asset Class, and Private Markets. It will also provide its advanced Aladdin Wealth technology platform to the company’s private bankers to enhance risk management, portfolio insights, and client service.
Management noted that the agreement is expected to initiate in the fourth quarter of 2025, is pending approvals, and is not expected to materially affect Citigroup Inc.’s (NYSE:C) previously disclosed financial targets.
Citigroup Inc. (NYSE:C) is a global financial services company offering a wide range of services. The company operates through several business segments, including Services, Markets, Banking, and US Personal Banking.
5. S&P Global Inc. (NYSE:SPGI)
Number of Hedge Fund Holders: 106
S&P Global Inc. (NYSE:SPGI) is one of the Best Financial Stocks to Buy Right Now. Wall Street has been raising price targets on S&P Global Inc. (NYSE:SPGI) since its FQ2 2025 earnings release on July 31. The company topped estimates with revenue of $3.76 billion, exceeding by $74.86 million, whereas the EPS of $4.43 topped estimates by $0.21.
In addition, management also raised its full-year 2025 guidance and now expects revenue growth in the range of 5% – 7%, up from the previous guidance of 4% – 6% growth. The adjusted diluted EPS is also expected to be higher, with the lower end of the guidance increased from $16.76 to $17.00. Management noted the improved guidance is driven by a strong performance by the Market Intelligence segment, which grew from $1.16 billion in Q2 2024 to $1.22 billion in Q2 2025.
Many analysts have raised their price targets on the stock. Earlier on August 1, Jeffery Meuler from Robert W. Baird raised the firm’s price target on S&P Global Inc. (NYSE:SPGI) from $589 to $612, while maintaining a Buy rating on the stock. Later, Sean Kennedy from Mizuho Securities also raised the firm’s price target on the stock from $591 to $637, while reiterating a Buy rating on the stock.
S&P Global Inc. (NYSE:SPGI) provides essential intelligence and data across five main business areas. These include credit ratings, market intelligence, commodity prices, automotive solutions, and global financial indices.
4. Bank of America Corporation (NYSE:BAC)
Number of Hedge Fund Holders: 115
Bank of America Corporation (NYSE:BAC) is one of the Best Financial Stocks to Buy Right Now. Wall Street is bullish on the stock since the company topped EPS estimates for its fiscal second quarter of 2025. Bank of America Corporation (NYSE:BAC) delivered a net income of $7.1 billion, up from $6.9 billion a year ago. This translated to an EPS of $0.89, which topped the consensus by $0.03. However, the revenue of $26.46 billion, which grew 4.28% year-over-year, fell short of the consensus by $269.55 million.
Management attributed net income growth to a strong net interest income, which grew for the fourth consecutive quarter, driven by eight consecutive quarters of deposit growth and 7% year-over-year loan growth. Brian Moynihan, CEO of Bank of America Corporation (NYSE:BAC) noted that the consumers remain resilient with healthy spending and asset quality.
Several analysts have reiterated their bullish sentiment on the stock. Earlier on August 1, Vivek Juneja from J.P. Morgan raised the firm’s price target on Bank of America Corporation (NYSE:BAC) from $48 to $51, while reiterating a Buy rating. Later, Keith Horowitz from Citi also reiterated a Buy rating on the stock with a $54 price target. Most recently, Mikhail Paramonov from Freedom Capital raised the price target on the stock from $47 to $56.5, while reiterating a Buy rating.
Bank of America Corporation (NYSE:BAC) is a financial services company that offers banking, investment, and wealth management solutions.
3. JPMorgan Chase & Co. (NYSE:JPM)
Number of Hedge Fund Holders: 124
JPMorgan Chase & Co. (NYSE:JPM) is one of the Best Financial Stocks to Buy Right Now. On September 4, Reuters reported that JPMorgan Chase & Co. (NYSE:JPM) is expected to launch its Chase digital retail bank in Germany in the second quarter of 2026. This will mark its entry into Europe’s largest economy beyond the UK.
Management of the company had been preparing for this launch for years, with significant hiring and aims to compete with Germany’s crowded and competitive banking market. JPMorgan Chase & Co. (NYSE:JPM) is already one of the largest banks in Germany, and its balance sheet has surged from around 50 billion euros in 2019 to more than 400 billion euros in 2024 as the bank expanded its operations to compete in retail banking.
Analysts note that the retail banking in Germany is fragmented, with too many banks and thin profit margins. However, the management of JPMorgan Chase & Co. (NYSE:JPM), while acknowledging the competitive environment, stated that the game has changed with digital banking. The bank will be based in Berlin and will initially offer savings accounts before expanding its product offerings.
JPMorgan Chase & Co. (NYSE:JPM) is a global financial services company offering investment banking, commercial banking, asset management, and retail banking services.
2. Mastercard Incorporated (NYSE:MA)
Number of Hedge Fund Holders: 158
Mastercard Incorporated (NYSE:MA) is one of the Best Financial Stocks to Buy Right Now. On August 28, Mastercard Incorporated (NYSE:MA) announced its strategic collaboration with Infosys to enhance financial institutions’ access to Mastercard Move.
Under this partnership, both companies plan to integrate Mastercard Move with Infosys Finacle, a digital banking platform by Infosys subsidiary EdgeVerve Systems. The integration will enable quicker and less resource-intensive adoption of Mastercard Move’s cross-border payment solutions.
Mastercard Incorporated’s (NYSE:MA) Mastercard Move offers fast, secure money transfers domestically and internationally, covering over 200 countries and 150 currencies. The solution is expected to reduce processing time and costs while enhancing operational control, risk management, and liquidity.
Mastercard Incorporated (NYSE:MA) is a technology company in the global payments industry. It connects consumers, businesses, banks, and governments worldwide to enable secure and simple electronic payments.
1. Visa Inc. (NYSE:V)
Number of Hedge Fund Holders: 167
Visa Inc. (NYSE:V) is one of the Best Financial Stocks to Buy Right Now. On August 25, Authvia, a leader in text-based payments, announced integrating Visa Inc.’s (NYSE:V) Visa Direct into its TXT2PAY solution.
The new integration allows businesses to send funds instantly to eligible Visa debit cards through a simple text message. This feature is useful for industries including healthcare, automotive services, insurance, and gig economy platforms, where users can make fast payments such as refunds, insurance settlements, reimbursements, and incentives.
As a result of this integration, customers receive funds directly to their Visa cards without needing physical checks, apps, or logging into portals. Moreover, they can also verify their identity, confirm payout details, and get paid, all within a familiar messaging thread.
Visa Inc. (NYSE:V) is a global payments technology company that enables money movement and commerce across more than 200 countries.
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