Bank of America Corp (BAC), Fifth Third Bancorp (FITB), Prudential Financial Inc (PRU): Growth And Expansion Stories in The Financial Sector

The company’s performance to some extent is linked to the equity markets performance. Its variable annuity, retirement, and asset management operations are all equity sensitive. They all benefit if the markets perform better.

As far as the regulatory environment is concerned, it is believed that the company will be named by the Financial Services Oversight Committee as being systemically important, although implications for capital remain difficult to gauge.

Foolish takeaways

The aforementioned companies have performed better than their peers during the first quarter of the current year, and they have drivers and catalysts in place, which I believe will lead them to perform better during the coming quarters. Therefore, I am bullish on the aforementioned stocks.

Adnan Khan has no position in any stocks mentioned. The Motley Fool owns shares of Bank of America and Fifth Third Bancorp.

The article Growth And Expansion Stories in The Financial Sector originally appeared on Fool.com and is written by Adnan Khan.

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