Financial Services Stocks List

This page shows information about the 50 largest financial services sector stocks including Citigroup, SouthState, Chime Financial and Virtu Financial. Learn more about financial services stocks.

1. Citigroup NYSE:C

$92.73 -0.44 (-0.48%)

As of 01:37 PM Eastern

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. More about Citigroup

Pros of Citigroup

Citigroup Inc. recently reported strong earnings, with an EPS of $1.96, exceeding expectations and indicating robust financial performance.
The company has increased its quarterly dividend to $0.60 per share, reflecting a commitment to returning value to shareholders, which can be attractive for income-focused investors.
With a current stock price around $93.66, Citigroup Inc. is positioned within a favorable range compared to its 52-week high, suggesting potential for growth.

Cons of Citigroup

Despite recent earnings growth, Citigroup Inc. has a relatively low return on equity of 7.29%, which may indicate less efficiency in generating profits from shareholders' equity compared to peers.
The stock has experienced volatility, with a beta of 1.38, suggesting that it may be more sensitive to market fluctuations, which could pose risks for investors seeking stability.
Insider selling activity has been noted, with a director selling a significant number of shares, which could raise concerns about the company's future prospects from an insider's perspective.

A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.

Market Capitalization: $170.41 billion
P/E Ratio: 13.67
Consensus Rating: Moderate Buy
Consensus Price Target: $96.54 (+4.1% Upside)
Volume: 5.00 million shares
Average Volume: 15.69 million shares
Today's Range: $91.46
▼
$92.86
50-Day Range: $76.30
▼
$96.04
52-Week Range: $55.51
▼
$96.90
Dividend Yield: 2.56%

2. SouthState NYSE:SSB

$96.44 -0.16 (-0.17%)

As of 01:16 PM Eastern

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits. The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans. In addition, it provides debit card, mobile and funds transfer products, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services. Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust and asset management services; and credit cards, letters of credit, and home equity lines of credit. As of December 31, 2021, it served customers through 281 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. SouthState Corporation also serves its customers through online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

Market Capitalization: $9.76 billion
P/E Ratio: 14.37
Consensus Rating: Hold
Consensus Price Target: N/A
Volume: 124,066 shares
Average Volume: 926,261 shares
Today's Range: $95.71
▼
$97.19
50-Day Range: $0.00
▼
$0.00
52-Week Range: $77.74
▼
$114.26
Dividend Yield: 2.50%

3. Chime Financial NASDAQ:CHYM

$26.25 -0.32 (-1.20%)

As of 01:21 PM Eastern

Chime is a financial technology company that partners with federally regulated, FDIC-insured banks—The Bancorp Bank, N.A. and Stride Bank, N.A., Members FDIC—to provide consumer banking products and services. The company’s model is designed to eliminate common fees and simplify access to basic financial services. Chime does not charge overdraft fees, monthly service fees, or require minimum balances. All account balances are held at partner banks and protected by applicable regulatory safeguards to ensure funds remain secure and accessible.

Market Capitalization: $9.57 billion
P/E Ratio: N/A
Consensus Rating: Moderate Buy
Consensus Price Target: $38.00 (+44.8% Upside)
Volume: 845,830 shares
Average Volume: 3.14 million shares
Today's Range: $26.10
▼
$26.93
50-Day Range: $26.57
▼
$36.20
52-Week Range: $26.10
▼
$44.94
Dividend Yield: N/A

4. Virtu Financial NYSE:VIRT

$41.40 -0.01 (-0.02%)

As of 01:16 PM Eastern

Virtu Financial, Inc., a financial services company, provides data, analytics, and connectivity products to clients worldwide. The company operates in two segments, Market Making and Execution Services. Its product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology. The company's solutions enable clients to trade on various venues across countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income, cryptocurrencies, and other commodities. Its analytics platform provides a range of pre- and post-trade services, data products, and compliance tools for clients to invest, trade, and manage risk across markets. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.

Market Capitalization: $6.33 billion
P/E Ratio: 9.41
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 201,476 shares
Average Volume: 944,052 shares
Today's Range: $41.22
▼
$41.75
50-Day Range: $0.00
▼
$0.00
52-Week Range: $29.59
▼
$45.77
Dividend Yield: 2.33%

5. CSW Industrials NYSE:CSW

$258.23 -4.02 (-1.53%)

As of 01:15 PM Eastern

CSW Industrials, Inc. operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products. The Engineered Building Solutions segment offers architectural railings and associated services; fire and smoke protection solutions; and pre-engineered and custom architectural building components for use in architecturally specified building products. The Specialized Reliability Solutions segment provides compounds, lubricants, lubricant management products, and sealants; desiccant breather filtration products; and contamination control, industrial maintenance and repair, rail friction modifiers, sealants, and operations solutions for use in energy, general industrial, mining, and rail transportation. The company was incorporated in 2014 and is headquartered in Dallas, Texas.

Market Capitalization: $4.34 billion
P/E Ratio: 30.85
Consensus Rating: Hold
Consensus Price Target: $319.75 (+23.8% Upside)
Volume: 118,767 shares
Average Volume: 127,847 shares
Today's Range: $257.10
▼
$262.98
50-Day Range: $244.06
▼
$305.23
52-Week Range: $241.99
▼
$436.50
Dividend Yield: 0.41%

6. Slide Insurance NASDAQ:SLDE

$14.55 +0.04 (+0.28%)

As of 01:16 PM Eastern

Launched in 2021, we are a technology enabled, fast-growing, coastal specialty insurer. We focus on profitable underwriting of single family and condominium policies in the property and casualty (“P&C”) industry in coastal states along the Atlantic seaboard through our insurance subsidiary, Slide Insurance Company (“SIC”). We utilize our differentiated technology and data-driven approach to focus on market opportunities that are underserved by other insurance companies. We acquire policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and our direct-to-consumer(“DTC”) channel, through which we sell our insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries. We do not depend on any one key product or product line within the coastal specialty homeowners insurance market. We control all aspects of our value chain, including technology, underwriting, actuarial, distribution, claims and risk management which allows us to maximize profitability while maintaining disciplined underwriting standards. Our goal is to deliver long-term value for stockholders by focusing on underserved, coastal specialty markets where market capacity is limited and demand for insurance products is high. Coastal specialty market demand for insurance products has increased over the last few years as the larger, national insurance carriers have reduced their underwriting capacity in such markets which has created a unique market opportunity for us to capitalize on the imbalance of supply and demand. A prime example of this market shift is Florida, where large national carriers have reduced their market share of premium from 62% in 1999 to 28% in 2022, creating an opportunity for accretive expansion. We have built a highly entrepreneurial company that we believe can identify and execute on such opportunities faster and more profitably than our competitors. We believe we have a significant technological advantage that allows us to assess, manage and price risk for individual and bulk policy acquisitions. Our technology is built to estimate future costs of policies and compare it back to our base rates to better understand profitability in real time on an individual risk basis and to assess large and/or bulk transactions. This technology permits us to only select policies that we believe to be profitable based on future reinsurance and all other perils (“AOP”) costs. Our underwriting technology has been an important component of our success and is backed by our proprietary $6 trillion total insured value (“TIV”) underwriting and claims dataset, which provides us with real-time intelligence to drive superior decision making. We believe that traditional markets inefficiently and inaccurately underwrite coastal specialty risks without properly understanding prospective loss ratios and reinsurance costs. We believe other insurance companies do not have the same ability to assess these metrics in real time and their technology limits their ability to consistently select profitable policies. We believe our underwriting technology allows us to more accurately assess the future cost of each policy, which enables us to focus on profitable growth opportunities often overlooked or mispriced by our competitors. We believe our proprietary technology combined with our highly experienced and entrepreneurial leadership team allow us to make better underwriting decisions that generate higher margins for our business. We market and write insurance policies through two channels: our independent agents and DTC. As we continue to scale our operations, we anticipate that our DTC distribution will grow as well through our focus on accretive market opportunities. We have significantly grown our business and scaled it profitably in our targeted coastal specialty markets by leveraging our seasoned management team, technology and strong balance sheet. We have grown our shareholders’ equity from $102 million at the end of 2021 to $433 million at the end of 2024, a compound annual growth rate (“CAGR”) of 62%. In this same time period, we have grown from $0 of in force premium to $1,334 million at the end of 2024, while running an average consolidated combined ratio of 80.3%. Our return on equity and combined ratio were 46.9% and 79.0% for 2023, and 60.0% and 72.3% for 2024, respectively. For the three months ended March 31, 2024 and March 31, 2025, we had gross premiums written of $245 million and $278 million, policy fees of $1 million and $2 million, consolidated combined ratio of 66.7% and 58.9% and net income of $55 million and $93 million, respectively. As of March 31, 2025, we had total assets of $1.9 billion, shareholders’ equity of approximately $532 million and tangible shareholders’ equity of approximately $524 million. For the three months ended March 31, 2025, we had a return on equity of 19.2% and a return on tangible equity of 19.5%. For the years ended December 31, 2023 and December 31, 2024, we had gross premiums written of $875 million and $1,334 million, policy fees of $3 million and $7 million, consolidated combined ratio of 79.0% and 72.3% and net income of $87 million and $201 million respectively. As of December 31, 2024, we had total assets of $1.9 billion, shareholders’ equity of approximately $433 million and tangible shareholders’ equity of approximately $423 million. For the year ended December 31, 2024, we had a return on equity of 60.0% and a return on tangible equity of 62.6%. Our principal executive offices are located in Tampa, Florida.

Market Capitalization: $1.83 billion
P/E Ratio: N/A
Consensus Rating: Moderate Buy
Consensus Price Target: $23.00 (+58.1% Upside)
Volume: 154,787 shares
Average Volume: 777,527 shares
Today's Range: $14.18
▼
$14.70
50-Day Range: $14.24
▼
$23.30
52-Week Range: $14.10
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$25.90
Dividend Yield: N/A

7. LendingClub NYSE:LC

$15.30 +0.12 (+0.82%)

As of 01:37 PM Eastern

LendingClub Corporation, operates as a bank holding company, that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans. In addition, it operates an online lending marketplace platform. The company was incorporated in 2006 and is headquartered in San Francisco, California.

Market Capitalization: $1.75 billion
P/E Ratio: 23.89
Consensus Rating: Moderate Buy
Consensus Price Target: $16.57 (+8.3% Upside)
Volume: 478,959 shares
Average Volume: 1.70 million shares
Today's Range: $14.82
▼
$15.34
50-Day Range: $10.47
▼
$16.06
52-Week Range: $7.90
▼
$18.75
Dividend Yield: N/A

8. Live Oak Bancshares NYSE:LOB

$35.40 +0.42 (+1.20%)

As of 01:16 PM Eastern

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; wealth and investment management services to high-net-worth individuals and families; investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.

Market Capitalization: $1.62 billion
P/E Ratio: 29.02
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 80,886 shares
Average Volume: 289,010 shares
Today's Range: $34.71
▼
$35.43
50-Day Range: $0.00
▼
$0.00
52-Week Range: $22.68
▼
$50.57
Dividend Yield: 0.34%

9. Oxford Lane Capital NASDAQ:OXLC

$3.46 +0.04 (+1.02%)

As of 01:36 PM Eastern

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.

Market Capitalization: $1.57 billion
P/E Ratio: 4.16
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 1.72 million shares
Average Volume: 6.87 million shares
Today's Range: $3.39
▼
$3.47
50-Day Range: $3.24
▼
$4.37
52-Week Range: $3.18
▼
$5.49
Dividend Yield: 31.12%

10. FS Credit Opportunities NYSE:FSCO

$7.44 -0.03 (-0.33%)

As of 01:36 PM Eastern

FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors. The Fund is a dynamic credit strategy that invests across the public and private market. It primarily invests in global credit, including secured and unsecured floating and fixed rate loans, bonds, and other credit instruments that companies use to finance their operations. The fund seeks to generate total return by investing in non-traditional areas of the public and private credit markets where a yield or return premium may exist due to complexity, illiquidity or a result of corporate events. It seeks companies that are expected to benefit from corporate events such as mergers, acquisitions, or corporate reorganizations. FS Credit Opportunities Corp. was formed on January 28, 2013 and is domiciled in the United States.

Market Capitalization: $1.48 billion
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 599,868 shares
Average Volume: 915,289 shares
Today's Range: $7.43
▼
$7.50
50-Day Range: $7.12
▼
$7.57
52-Week Range: $5.29
▼
$7.65
Dividend Yield: 9.37%

11. Origin Bancorp NYSE:OBK

$37.01 +0.11 (+0.30%)

As of 01:16 PM Eastern

Origin Bancorp, Inc. operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, high net worth individuals, and retail clients in Texas, Louisiana, and Mississippi. It offers noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, residential mortgage, and paycheck protection program loans. The company also offers personal and commercial property, and casualty insurance products; and Internet banking and voice response information, mobile applications, cash management, overdraft protection, direct deposit, safe deposit box, U.S. savings bonds, and automatic account transfer services; and treasury management, mortgage origination and servicing facilities, peer-to-peer electronic pay solutions, and personal financial management solutions. As of December 31, 2021, it operated 44 banking centers. The company was founded in 1912 and is headquartered in Ruston, Louisiana.

Market Capitalization: $1.16 billion
P/E Ratio: 16.52
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 27,781 shares
Average Volume: 150,585 shares
Today's Range: $36.59
▼
$37.09
50-Day Range: $0.00
▼
$0.00
52-Week Range: $28.80
▼
$41.17
Dividend Yield: 1.62%

12. Amerant Bancorp NYSE:AMTB

$19.99 -0.14 (-0.70%)

As of 01:16 PM Eastern

Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. The company offers checking, savings, and money market accounts; and certificates of deposits. It also provides variable and fixed rate commercial real estate loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; loans to financial institutions and acceptances; and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In addition, the company offers trust and estate planning products and services to high-net-worth customers, brokerage and investment advisory services in global capital markets, and wealth management and fiduciary services. Further, it provides debit and credit cards, night depositories, direct deposits, cashier's checks, safe deposit boxes, letters of credit, and treasury management services, including wire transfer, remote deposit capture, and automated clearinghouse services; derivative instruments; and online and mobile banking, account balances, statements and other documents, online transfers and bill payment, and electronic delivery of customer statements services, as well as automated teller machines, and banking by mobile devices, telephone, and mail. As of December 31, 2021, the company operated 24 banking centers comprising 17 in Florida and 7 in Texas. It also operates loan production offices in Tampa, Florida. The company was formerly known as Mercantil Bank Holding Corporation and changed its name to Amerant Bancorp Inc. in June 2019. Amerant Bancorp Inc. was founded in 1979 and is headquartered in Coral Gables, Florida.

Market Capitalization: $834.56 million
P/E Ratio: -99.95
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 33,258 shares
Average Volume: 197,813 shares
Today's Range: $19.92
▼
$20.17
50-Day Range: $0.00
▼
$0.00
52-Week Range: $16.21
▼
$26.24
Dividend Yield: 1.79%

13. Equity Bancshares NYSE:EQBK

$40.00 -0.10 (-0.25%)

As of 01:17 PM Eastern

Equity Bancshares, Inc. operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses. The company's loan products also comprise various consumer loans to individuals and professionals, including residential real estate loans, home equity loans and lines of credit, installment loans, unsecured and secured personal lines of credit, overdraft protection, and letters of credit. It also provides debit cards; online banking solutions, such as access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions comprising remote check deposits with mobile bill pay; ATMs; and treasury management, wire transfer, automated clearing house, and stop payment services. In addition, the company offers cash management deposit products, such as lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts, as well as banking services through telephone, mail, and personal appointments. As of December 31, 2021, it operated a network of 69 branches in Arkansas, Kansas, Missouri, and Oklahoma. The company was founded in 2002 and is headquartered in Wichita, Kansas.

Market Capitalization: $768.80 million
P/E Ratio: 9.93
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 31,671 shares
Average Volume: 75,281 shares
Today's Range: $39.81
▼
$40.22
50-Day Range: $0.00
▼
$0.00
52-Week Range: $34.11
▼
$50.85
Dividend Yield: 1.50%

14. Ares Acquisition Corporation II NYSE:AACT

$11.40 +0.02 (+0.13%)

As of 01:33 PM Eastern

Ares Acquisition Corp. II is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on March 15, 2021 and is headquartered in New York, NY.

Market Capitalization: $705.51 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 27,028 shares
Average Volume: 559,859 shares
Today's Range: $11.39
▼
$11.41
50-Day Range: $11.30
▼
$11.45
52-Week Range: $10.74
▼
$11.62
Dividend Yield: N/A

15. WhiteFiber NASDAQ:WYFI

$16.17 -0.55 (-3.29%)

As of 01:21 PM Eastern

We believe we are a leading provider of artificial intelligence (“AI”) infrastructure solutions. We own high-performance computing (“HPC”) data centers and provide cloud-based HPC graphics processing units (“GPU”) services, which we term cloud services, for customers such as AI application and machine learning (“ML”) developers (the “HPC Business”). Our Tier-3 data centers provide hosting and colocation services. Our cloud services support generative AI workstreams, especially training and inference. In connection with this offering, we are being carved out of Bit Digital, Inc. and will operate as a separate public company upon the completion of this offering. Starting in October 2024, we significantly expanded our data center operations and capabilities by acquiring Enovum, a Tier-3 HPC data center platform based in Montreal, Canada. We currently operate a 4 MW (gross) AI data center located in Montreal, Canada (“MTL-1”). MTL-1 is a fully operational Tier-3 data center that is designed for HPC workloads. MTL-1’s full capacity is occupied by 14 customers under lease agreements with an average duration of approximately 30 months as of May 30, 2025. On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project in Montreal (“MTL-2”). On April 11, 2025 we announced that we had secured the rights to a new data center site in Saint-Jérôme, Québec, a suburb of Montreal (“MTL-3”), which will be a 7 MW (gross) Tier-3 data center. Subject to our receipt of all required permits, MTL-3 will support a previously announced 5 MW (IT load) colocation agreement with Cerebras Wafer Scale ULC Systems (“Cerebras”), a leader in generative AI infrastructure. On May 20, 2025, we purchased a former industrial/manufacturing building together with the underlying land outside of Greensboro, North Carolina (the “Property”), which we intend to retrofit to create an HPC data center (“NC-1”). Pursuant to a Capacity Agreement between Enovum and Duke Energy, Duke Energy agreed to use commercially reasonable efforts to achieve 24 MW (gross) of service to the Property by September 1, 2025, 40 MW (gross) by April 1, 2026 and 99 MW (gross) within four years of May 16, 2025. Management believes based upon its review of the site and a Duke Energy preliminary transmission study, that the Property may receive and support up to 200 MW (gross) of total electrical supply over an extended period of time, subject to infrastructure upgrades, such as developing new substations and other conditions. MTL-2, MTL-3 and NC-1 were identified and sourced through our confidential pipeline of development or acquisition opportunities under letters of intent or evaluation, which continues to grow and expand geographically throughout North America. The MTL-2 data center is expected to be completed and operational in the fourth quarter of 2025 with a one-month delay before it begins to generate revenue. MTL-3 is expected to be completed and operational in the fourth quarter of 2025 with a one-month delay before it begins to generate revenue. We estimate that the initial capacity of 24 MW (gross) for the NC-1 site will be completed and operational in the first quarter of 2026. Management expects the NC-1 site will start to generate revenue in May 2026. The MTL-2, MTL-3 and NC-1 facilities are in various stages of being retrofitted into data centers. The foregoing timelines and capacities are subject to change based on many factors required in order to commence operations, many of which are outside of our control. The construction phases associated with the completion of the applicable facility are done in parallel in a process defined as commissioning. This work consists of the buildout of interior systems and mechanical, electrical and regulatory construction. Once all building systems perform interactively according to “design intent,” the commissioning is complete and the facility can be turned on. Based on their collective industry experience, our WhiteFiber data center team is adept at bringing new sites online on an accelerated timeline. We are aggressively pursuing our development pipeline and expect to add 12 MW (gross) of capacity, inclusive of the MTL-2 and MTL-3 sites, for total capacity of approximately 16 MW (gross), by the end of 2025. Management expects another 24 MW (gross) will be energized in the first quarter of 2026 and that an incremental 16 MW (gross) will be energized in the second quarter of 2026 for a total of 40 MW (gross) at the NC-1 site by the end of the second quarter of 2026. We intend to achieve an estimated 76 MW (gross) of total HPC data center capacity by the end of the fourth quarter of 2026, a target that is underpinned by assets including our MTL-2, MTL-3, and NC-1 facilities plus 20 MW (gross) of power that we expect to deliver from our confidential pipeline or through accelerating the number of energized MWs at NC-1 as compared to the timeline provided in the Capacity Agreement. As of June 30, 2025, our pipeline of potential data center projects represents approximately 1,300 MW (gross) under management review, including approximately 800 MW (gross) under non-binding and exclusive letters of intent, which may complement and accelerate future expansion. We follow a disciplined process prioritizing projects that are backed by customer lease commitments. In select cases, we may pursue early-stage acquisitions based on strong customer demand signals and defined commercialization pathways. Our ability to achieve our targeted MW capacity is conditioned upon our ability to obtain additional equity and/or debt financing, in addition to this offering. In addition to providing highly desirable data center hosting capacity to our customers, our business model integrates WhiteFiber data center infrastructure and WhiteFiber cloud services to provide scalable, high-performance computing solutions for enterprises, research institutions, and AI and ML driven businesses. Our integrated approach aligns specialized data center operations with GPU-focused cloud services, addressing the unique requirements of AI and ML workloads. These workloads demand greater power density, advanced cooling solutions, and robust bandwidth to handle large-scale data transfers. By operating our data centers, we are able to provide the power to support our cloud services and we believe we can better meet the needs of AI and ML workloads and reduce the complexity associated with procuring power and connectivity from external vendors. We can also design our facilities to accommodate the higher heat loads generated by modern GPUs, potentially shortening deployment timelines for customers who require rapid expansion of their computing infrastructure. From a financial standpoint, our vertically integrated solution allows us to capture additional margin for both our data center and cloud services businesses, avoiding expenses that would otherwise be due to third-party providers. Our WhiteFiber cloud services business provides cutting-edge, bespoke services involving a sophisticated array of computers and chips, including NVIDIA GPUs, servers, network equipment, and data storage solutions. We believe we provide our cloud services customers with the highest levels of performance and reliability while offering flexibility to scale with customer needs. We have developed a software layer to be integrated into our cloud services solutions that will assist our customers in the deployment of AI applications with superior performance. We currently offer our cloud services at a data center maintained by a third-party colocation provider in Iceland (the “Iceland Data Center”) and are negotiating with third-party providers to seamlessly integrate our cloud services at data centers across key regions in Europe, North America and Asia. In the fourth quarter of 2023, we secured our first cloud customer through a three-year Master Service Agreement dated November 9, 2023 to provide services using our advanced AI equipment. For the three months ended March 31, 2025 and 2024, our WhiteFiber cloud service business recognized revenue of $14.8 million and $8.1 million, respectively. Such revenue for the 12 months ended December 31, 2024 and 2023 was $45.7 million and $0, respectively. As of June 30, 2025, WhiteFiber had approximately 4,500 NVIDIA GPUs deployed, with approximately 4,000 GPUs under contract. Our executive office is located in New York, New York.

Market Capitalization: $588.91 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 205,963 shares
Average Volume: 1.26 million shares
Today's Range: $16.00
▼
$16.70
50-Day Range: $0.00
▼
$0.00
52-Week Range: $14.01
▼
$25.13
Dividend Yield: N/A

16. Bar Harbor Bankshares NYSE:BHB

$30.63 -0.09 (-0.29%)

As of 01:13 PM Eastern

Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides commercial, lending, retail, and wealth management banking services. It accepts various deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit. The company also provides commercial real estate loans, such as multi-family, commercial construction and land development, and other commercial real estate classes; commercial and industrial loans, including loans to commercial and agricultural businesses, and tax exempt entities; residential real estate loans consists of mortgages for 1-4 family housing; and consumer loans comprises home equity loans, lines of credit, auto, and other installment lending. In addition, it provides life insurance, annuity, and retirement products, as well as financial planning services; and third-party investment and insurance services. Further, the company offers trust and estate administration, wealth advisory, and investment management services to individuals, businesses, not-for-profit organizations, and municipalities; and 401K plan, financial, estate and charitable planning, investment management, family office, municipal, and tax services. It operates 53 locations across Maine, New Hampshire, and Vermont. The company was founded in 1887 and is based in Bar Harbor, Maine.

Market Capitalization: $511 million
P/E Ratio: 11.87
Consensus Rating: Buy
Consensus Price Target: $35.00 (+14.3% Upside)
Volume: 8,278 shares
Average Volume: 43,741 shares
Today's Range: $30.06
▼
$30.78
50-Day Range: $28.46
▼
$32.39
52-Week Range: $26.43
▼
$38.47
Dividend Yield: 4.16%

17. Agriculture & Natural Solutions Acquisition NASDAQ:ANSC

$10.89 0.00 (0.00%)

As of 12:51 PM Eastern

Agriculture & Natural Solutions Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2021 and is headquartered in New York, NY.

Market Capitalization: $469.58 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 1,147 shares
Average Volume: 14,444 shares
Today's Range: $10.88
▼
$10.88
50-Day Range: $10.78
▼
$10.90
52-Week Range: $10.31
▼
$10.93
Dividend Yield: N/A

18. Inflection Point Acquisition Corp. II NASDAQ:IPXX

$14.84 -0.86 (-5.48%)

As of 08/19/2025

Inflection Point Acquisition Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.

Market Capitalization: $463.75 million
P/E Ratio: N/A
Consensus Rating: Strong Buy
Consensus Price Target: N/A
Volume: 6.67 million shares
Average Volume: 97,821 shares
Today's Range: $14.10
▼
$15.20
50-Day Range: $9.61
▼
$19.04
52-Week Range: $9.24
▼
$15.25
Dividend Yield: N/A

19. EQV Ventures Acquisition NYSE:EQV

$10.38 +0.04 (+0.39%)

As of 01:13 PM Eastern

EQV Ventures Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company was founded on April 15, 2024 and is headquartered in Park City, UT.

Market Capitalization: $462.64 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 14,672 shares
Average Volume: 123,746 shares
Today's Range: $10.37
▼
$10.40
50-Day Range: $10.34
▼
$10.63
52-Week Range: $9.88
▼
$10.74
Dividend Yield: N/A

20. AA Mission Acquisition NYSE:AAM

$10.49 -0.01 (-0.10%)

As of 11:51 AM Eastern

AA Mission Acquisition Corp. engages in the acquisition and merge of companies. It was founded on February 9, 2024 and is headquartered in The Woodlands, TX.

Market Capitalization: $461.25 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 1,669 shares
Average Volume: 67,265 shares
Today's Range: $10.47
▼
$10.49
50-Day Range: $10.40
▼
$10.50
52-Week Range: $9.96
▼
$10.79
Dividend Yield: N/A

21. Nabors Energy Transition Corp. II NASDAQ:NETD

$11.25 0.00 (0.00%)

Closing price 08/20/2025 04:04 PM Eastern

Extended Trading

$11.25 0.00 (0.00%)

As of 08/20/2025 04:04 PM Eastern

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions. Nabors Energy Transition Corp. II company was incorporated in 2023 and is based in Houston, Texas. The company is a subsidiary of Nabors Energy Transition Sponsor II LLC.

Market Capitalization: $428.91 million
P/E Ratio: 59.21
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 3,037 shares
Average Volume: 19,194 shares
Today's Range: $11.20
▼
$11.25
50-Day Range: $11.07
▼
$11.31
52-Week Range: $10.57
▼
$11.47
Dividend Yield: N/A

22. Marblegate Acquisition NASDAQ:GATE

$36.05 0.00 (0.00%)

As of 08/20/2025

Marblegate Acquisition Corp. does not have significant operations. The company focuses on effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies primarily in the education, business services, consumer products, and healthcare sectors. The company was incorporated in 2020 and is based in Rye, New York.

Market Capitalization: $417.46 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: N/A
Average Volume: N/A
Today's Range: $36.05
▼
$36.05
50-Day Range: $36.05
▼
$36.05
52-Week Range: $9.90
▼
$61.11
Dividend Yield: N/A

23. M3-Brigade Acquisition V NASDAQ:MBAV

$10.56 -0.02 (-0.19%)

As of 01:21 PM Eastern

M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp. is based in NEW YORK.

Market Capitalization: $379.53 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 42,347 shares
Average Volume: 288,560 shares
Today's Range: $10.53
▼
$10.58
50-Day Range: $10.52
▼
$13.53
52-Week Range: $9.97
▼
$13.73
Dividend Yield: N/A

24. Rigel Resource Acquisition NYSE:RRAC

$11.50 0.00 (0.00%)

As of 08/20/2025

Rigel Resource Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring companies primarily in the mining industry. The company was incorporated in 2021 and is based in New York, New York.

Market Capitalization: $368.81 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: N/A
Average Volume: 79,033 shares
Today's Range: $11.50
▼
$11.50
50-Day Range: $11.50
▼
$11.50
52-Week Range: $10.92
▼
$12.75
Dividend Yield: N/A

25. Blaize NASDAQ:BZAI

$3.54 +0.07 (+2.02%)

As of 01:21 PM Eastern

Blaize® has created a transformative new compute solution that unites silicon and software to optimize AI from the edge to the core. We’re partnering with customers to transform their products so they can deliver better experiences and better lives.

Market Capitalization: $359.95 million
P/E Ratio: N/A
Consensus Rating: Buy
Consensus Price Target: $6.83 (+93.0% Upside)
Volume: 323,352 shares
Average Volume: 1.34 million shares
Today's Range: $3.47
▼
$3.72
50-Day Range: $2.35
▼
$4.99
52-Week Range: $1.70
▼
$19.25
Dividend Yield: N/A

26. Inflection Point Acquisition Corp. III NASDAQ:IPCX

$10.22 +0.02 (+0.20%)

As of 12:48 PM Eastern

We are a special purpose acquisition company incorporated on January 31, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. However, members of our management team had been actively in discussions with potential business combination partners in their capacity as officers and directors of Inflection Point Acquisition Corp. II (“IPXX”), and we may pursue business combination partners that had previously been in discussions with IPXX’s management team. While we may pursue an initial business combination in any industry, sector or geographic region, we intend to focus our search initially on North American and European businesses in disruptive growth sectors, which complements the expertise of our management team. Our company will combine the abilities of a diverse and founder-friendly management team. We have assembled a management team with experience across both public and private markets with deep roots in our target markets. Our team combines decades of experience sourcing, researching, and investing in complex transactions that create value for shareholders. We expect to seek an investment opportunity where each member of our management team can leverage their expertise and network to create significant value. We will seek fundamentally strong businesses in a broad range of disruptive growth sectors, with emphasis on one or more of the following attributes, although we may decide to enter into a business combination with a target business that does not have one or more of these attributes: • Innovative, technology-enabled company of scale focused on acquiring new customers with a large addressable market, legacy analogue competitors and a differentiated path to market or superior product. • Customer focused and deeply experienced team fueled by a shared connection and passion for the business. • Operates in an industry not typically active in traditional IPOs, but that our management feels public market investors will value and desire exposure to the public market. • Achieved a scale such that the profit contribution from existing business offsets fixed costs and is prepared to reinvest in high return on capital opportunities. • Adaptable to the rapidly changing business environment and major shift in demographics with the ability generate shareholder value in any market cycle. Our executive offices are located in New York, New York.

Market Capitalization: $352.28 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 117,407 shares
Average Volume: 70,092 shares
Today's Range: $10.20
▼
$10.22
50-Day Range: $0.00
▼
$0.00
52-Week Range: $10.10
▼
$10.35
Dividend Yield: N/A

27. Bleichroeder Acquisition Corp. I NASDAQ:BACQ

$10.38 0.00 (0.00%)

As of 08/20/2025 04:00 PM Eastern

Bleichroeder Acquisition Corp. I is a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded by Andrew Stephen Gundlach and Michel Combes on June 24, 2024 and is headquartered in New York, NY.

Market Capitalization: $350.41 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 11,717 shares
Average Volume: 130,633 shares
Today's Range: $10.35
▼
$10.40
50-Day Range: $10.29
▼
$10.47
52-Week Range: $9.80
▼
$10.55
Dividend Yield: N/A

28. GigCapital7 NASDAQ:GIG

$10.36 -0.02 (-0.19%)

As of 10:50 AM Eastern

GigCapital7 Corp. is a blank check company or special purpose acquisition company. It was formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded by Avishay S. Katz and Raluca Dinu on May 8, 2024 and is headquartered in Palo Alto, CA.

Market Capitalization: $345.33 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 625 shares
Average Volume: 64,004 shares
Today's Range: $10.36
▼
$10.36
50-Day Range: $10.31
▼
$10.42
52-Week Range: $9.89
▼
$10.43
Dividend Yield: N/A

29. Haymaker Acquisition Corp. 4 NYSE:HYAC

$11.22 +0.03 (+0.27%)

As of 08/20/2025 11:06 AM Eastern

Haymaker Acquisition Corp. 4 is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. Haymaker Acquisition Corp. 4 is based in New York.

Market Capitalization: $331.53 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 207,747 shares
Average Volume: 56,736 shares
Today's Range: $11.17
▼
$11.22
50-Day Range: $0.00
▼
$0.00
52-Week Range: $10.60
▼
$11.22
Dividend Yield: N/A

30. Voyager Acquisition NASDAQ:VACH

$10.42 +0.01 (+0.05%)

As of 12:53 PM Eastern

Voyager Acquisition Corp. is a blank check company. It formed for the purpose of merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Voyager Acquisition Corp. is based in BROOKLYN, N.Y.

Market Capitalization: $329.37 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 5,581 shares
Average Volume: 64,908 shares
Today's Range: $10.41
▼
$10.42
50-Day Range: $10.38
▼
$10.44
52-Week Range: $9.95
▼
$11.20
Dividend Yield: N/A

31. HCM II Acquisition NASDAQ:HOND

$11.41 -0.05 (-0.44%)

As of 01:19 PM Eastern

HCM II Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 4, 2024 and is headquartered in Stamford, CT.

Market Capitalization: $328.04 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 61,078 shares
Average Volume: 308,164 shares
Today's Range: $11.34
▼
$11.68
50-Day Range: $10.81
▼
$11.90
52-Week Range: $9.90
▼
$12.24
Dividend Yield: N/A

32. Cantor Equity Partners II NASDAQ:CEPT

$10.55 +0.04 (+0.38%)

As of 01:19 PM Eastern

Cantor Equity Partners II, Inc. is a blank check company. The company was founded on November 11, 2020 and is headquartered in New York, NY

Market Capitalization: $322.62 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 81,108 shares
Average Volume: 260,606 shares
Today's Range: $10.51
▼
$10.63
50-Day Range: $10.51
▼
$11.70
52-Week Range: $10.33
▼
$12.49
Dividend Yield: N/A

33. SIM Acquisition Corp. I NASDAQ:SIMA

$10.44 0.00 (0.00%)

As of 11:11 AM Eastern

SIM Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company primary focus on the healthcare industry. SIM Acquisition Corp. I is based in NEW YORK.

Market Capitalization: $320.20 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 101,876 shares
Average Volume: 69,233 shares
Today's Range: $10.44
▼
$10.44
50-Day Range: $10.41
▼
$10.45
52-Week Range: $9.95
▼
$10.47
Dividend Yield: N/A

34. Cantor Equity Partners III NASDAQ:CAEP

$10.40 -0.02 (-0.19%)

As of 12:27 PM Eastern

We are a blank check company incorporated on November 11, 2020 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any discussions, directly or indirectly, with any business combination target regarding an initial business combination with our company. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although we expect to focus on a target in an industry where we believe our management team’s and our affiliates’ expertise will provide us with a competitive advantage, including the financial services, digital assets, healthcare, real estate services, technology and software industries. Further, our efforts to identify a prospective target business will not be limited to any characteristics, although we expect to favor potential target companies with certain characteristics which include, but are not limited to, positive long term growth prospects, competitive advantages, consolidation opportunities, recurring revenue or the potential for recurring revenue, opportunities for operational improvement and attractive margins or the potential for attractive margins. Our executive offices are located New York, New York.

Market Capitalization: $318.03 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 68,205 shares
Average Volume: 193,939 shares
Today's Range: $10.38
▼
$10.45
50-Day Range: $0.00
▼
$0.00
52-Week Range: $10.30
▼
$11.09
Dividend Yield: N/A

35. Cantor Equity Partners NASDAQ:CEP

$24.81 -0.23 (-0.92%)

As of 01:36 PM Eastern

Cantor Equity Partners, Inc. is a blank check company, which engages in the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.

Market Capitalization: $317.57 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 73,311 shares
Average Volume: 1.68 million shares
Today's Range: $24.41
▼
$25.64
50-Day Range: $24.59
▼
$37.87
52-Week Range: $9.99
▼
$59.75
Dividend Yield: N/A

36. Andretti Acquisition Corp. II NASDAQ:POLE

$10.42 0.00 (0.00%)

As of 08/20/2025

Andretti Acquisition Corp. II is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Andretti Acquisition Corp. II is based in INDIANAPOLIS, IN.

Market Capitalization: $307.49 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 32 shares
Average Volume: 45,329 shares
Today's Range: $10.42
▼
$10.42
50-Day Range: $10.37
▼
$10.43
52-Week Range: $9.94
▼
$11.16
Dividend Yield: N/A

37. Jackson Acquisition Company II NYSE:JACS

$10.34 -0.02 (-0.19%)

As of 11:42 AM Eastern

Jackson Acquisition Co. II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on September 11, 2024 and is headquartered in Alpharetta, GA.

Market Capitalization: $305.96 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 110 shares
Average Volume: 129,399 shares
Today's Range: $10.34
▼
$10.34
50-Day Range: $10.27
▼
$10.36
52-Week Range: $9.94
▼
$10.41
Dividend Yield: N/A

38. Vine Hill Capital Investment NASDAQ:VCIC

$10.42 -0.06 (-0.57%)

As of 10:07 AM Eastern

Vine Hill Capital Investment Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Vine Hill Capital Investment Corp. is based in Fort Lauderdale, Florida.

Market Capitalization: $305.62 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 5,423 shares
Average Volume: 11,436 shares
Today's Range: $10.41
▼
$10.46
50-Day Range: $10.32
▼
$10.75
52-Week Range: $9.96
▼
$11.70
Dividend Yield: N/A

39. Launch One Acquisition NASDAQ:LPAA

$10.43 0.00 (-0.04%)

As of 11:06 AM Eastern

Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.

Market Capitalization: $299.75 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 799 shares
Average Volume: 52,620 shares
Today's Range: $10.43
▼
$10.43
50-Day Range: $10.39
▼
$10.47
52-Week Range: $9.66
▼
$10.70
Dividend Yield: N/A

40. Drugs Made In America Acquisition NASDAQ:DMAA

$10.26 -0.02 (-0.19%)

As of 08/20/2025 02:27 PM Eastern

Drugs Made In America Acquisition Corp. is a blank check company newly incorporated in the Cayman Islands as an exempted company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. To date, our efforts have been limited to organizational activities as well as activities related to this offering. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. While we may pursue a business combination target in any business, industry or geographical location, we intend to focus our search for businesses in the pharmaceutical industry. Our executive offices are located at 1 East Broward Boulevard, Suite 700, Fort Lauderdale, FL 33301 and our telephone number is (954) 870-3099.

Market Capitalization: $299.28 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 25,820 shares
Average Volume: 28,804 shares
Today's Range: $10.26
▼
$10.26
50-Day Range: $0.00
▼
$0.00
52-Week Range: $9.95
▼
$10.28
Dividend Yield: N/A

41. Western Asset Emerging Markets Debt Fund NYSE:EMD

$10.34 -0.06 (-0.53%)

As of 01:34 PM Eastern

Western Asset Emerging Markets Debt Fund Inc. is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe. It seeks to invest in fixed income securities issued by governments, government-related entities, and corporations which are of any maturity and quality. The fund employs fundamental analysis along with a top-down security picking approach focusing on factors like currency, inflation and interest rate trends, growth rate forecasts, liquidity of markets for that country's debt, political outlook, tax environment to create its portfolio. It benchmarks the performance of its portfolio against the JPMorgan Emerging Markets Bond Index Global. The fund was formerly known as Salomon Brothers Emerging Markets Debt Fund Inc. Western Asset Emerging Markets Debt Fund Inc. was formed on December 1, 2003 and is domiciled in the United States.

Market Capitalization: $296.18 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 75,609 shares
Average Volume: 193,115 shares
Today's Range: $10.35
▼
$10.40
50-Day Range: $9.77
▼
$10.39
52-Week Range: $8.56
▼
$10.41
Dividend Yield: 11.80%

42. Rice Acquisition Corp. II NYSE:RONI

$2.39 -0.14 (-5.53%)

As of 08/20/2025

Rice Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Rice Acquisition Corp. II was incorporated in 2021 and is based in Carnegie, Pennsylvania.

Market Capitalization: $288.60 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 1.86 million shares
Average Volume: 245,594 shares
Today's Range: $2.28
▼
$2.53
50-Day Range: $2.08
▼
$3.33
52-Week Range: $9.35
▼
$13.56
Dividend Yield: N/A

43. Antalpha Platform NASDAQ:ANTA

$12.25 +0.80 (+6.99%)

As of 01:21 PM Eastern

Antalpha provides financing, technology and risk management solutions to the digital asset industry. As the primary lending partner for Bitmain, we are a provider of supply chain financing solutions to institutional and corporate participants in the Bitcoin mining industry, offering loans secured by Bitcoin and Bitcoin mining machines. We have developed a technology platform, Antalpha Prime, which enables our customers to apply for and manage their digital asset loans while allowing us to closely monitor collateral positions. We empower institutions and corporations to expand their Bitcoin mining business with immediate access to mining machines and sizable financing that is not readily available from conventional financial institutions. We enable Bitcoin miners to find liquidity with loans on capital expenditures and operating costs so that they can hold onto their Bitcoin and better endure the market volatility of Bitcoin prices, also known as HODLing. Supply chain financing for the Bitcoin mining industry represents a significant and largely untapped market opportunity. It is estimated that the market size for digital asset mining machines reached $4.9 billion in 2024, according to the Business Research Company. In addition, we estimate that Bitcoin miners currently spend approximately $8.2 billion annually on operating expenditures. We operate in the large and growing digital economy. Bitcoin is the largest digital asset, with a market capitalization that has grown from approximately $4.4 billion as of December 31, 2014 to $1.9 trillion as of December 31, 2024, according to Statista, representing a compound annual growth rate of over 83% over the past decade. Our addressable market will continue to expand as the value of Bitcoin increases, enhancing the collateral value available for our customers to borrow against. We have established unique strategic relationships with Bitmain and Northstar. As a business that set out to facilitate Bitcoin mining, we initially built our relationship with Bitmain, the world’s largest Bitcoin mining machine supplier, through our network of Bitcoin miners. We work closely with Bitmain across various levels of their organization, from sales to operations to executive management, acting as an integral part of their sales and origination process. We have entered into a memorandum of understanding with Bitmain, under which Bitmain will continue to utilize Antalpha as its financing partner, we have agreed to refer customers to each other, and Bitmain has agreed to provide us with a right of first refusal to serve its customers seeking financing, so long as we offer competitive financing terms. Our funding partner, Northstar, has historically provided almost all of the funding for the loans we originated. Northstar also offers financing solutions, which currently consist of Bitcoin margin loans, or Bitcoin loans, to our non-US customers through Antalpha Prime, for which we earn a technology platform fee. Prior to the 2024 Reorganization, we were affiliated with Northstar by virtue of being its sister company under common ownership of the Parent Company. Mr. Ketuan Zhan, founder of Bitmain, was the ultimate beneficial owner of the Parent Company but he did not take part in its operations. Northstar is currently owned by an irrevocable trust, and the trustee of this irrevocable trust is a professional trustee firm. Mr. Ketuan Zhan is the settlor and beneficiary of the trust and he does not take part in the operation of Northstar. Additionally, we have established key relationships with other Bitcoin ecosystem partners, including leading equipment suppliers, mining pool companies, stablecoin issuers and multi-party computation (MPC) technology providers, all of whom play a vital role in the growth and strength of the digital asset economy. Some of these entities also provide attractive financing to our business through our financing partner, Northstar, creating a mutually beneficial relationship as our products and services complement the growth in our partners’ businesses. For example, our business lowers the threshold to purchase mining machines by providing finance options and promotes the circulation of stablecoins, as our loans are typically settled in USDT. Additionally, we play an important role in securing the Bitcoin network by financing miners that are responsible for validating new blocks on the blockchain. We enable our customers to commence mining operations rapidly. When our customers purchase mining machines from Bitmain using our financing, they purchase machines that have recently been deployed on-rack, enabling them to calibrate the total cost of operation at the particular data center, as well as be able to start Bitcoin mining almost immediately. This approach contrasts with typical direct purchases, which can take up to six months or more, due to the time needed for factory delivery, import customs clearance, hosting site selection, installation and setting up services. Rapid access to Bitcoin mining is a significant benefit to dealing with the volatility of Bitcoin prices. We believe that combining speed to market with attractive financing terms is essential in a volatile and quickly changing Bitcoin mining environment. Our customers benefit from access to a comprehensive network of supply chain vendors tailored for data centers across the U.S., offering services such as machine hosting, yield-monitoring software, and maintenance and repairs. We help our customers engage with relevant vendors after they select a mining site, gain a better understanding of the mining process, and settle vendor payments through hashrate loans using the Bitcoins they mine as collateral. By streamlining Bitcoin mining operations and supporting our customers in navigating a network of mining service providers, we make it easier for them to enter and thrive in the Bitcoin mining industry, regardless of their prior experience. Our service support and ability to provide tailored solutions have enabled us to expand our customer base from traditional Bitcoin miners to non-traditional mining participants, such as family offices and corporations. From inception to December 31, 2024, we facilitated a total of $2.8 billion in loans, including supply chain loans that we originated and Bitcoin loans that we serviced. Due to our overcollateralization requirement at origination and strict risk management capabilities, we did not record any allowance, write-offs or recoveries against the receivables on the supply chain loans that we originated during this period. During the same period, we have not experienced any loan default or lost principal on our loans. Bitcoin is a highly liquid asset, with an average daily trading volume over $62 billion for the three months ended December 31, 2024, according to Coingecko. We typically require a loan-to-value (LTV) on collateral of between 50% and 80% at loan origination, depending on the type of loan and other factors. Mining machine loans typically require an LTV of 50% at origination, while hashrate loans typically require an LTV of 60% to 80% at origination. As of December 31, 2024, approximately 97% of our supply chain loan customers had their loans secured by Bitcoin. Collateral in the form of Bitcoin is typically transferred to us for the duration of the loan and remains inaccessible to the borrower until the loan and accounts receivable are fully repaid. Additionally, we secure loans by taking collateral in the form of Bitcoin mining machines. Our mining machine loan customers purchase on-rack mining machines from Bitmain that are housed in facilities that Bitmain leases from third-party data center operators. We require the secured machines to remain on site until the loan and accounts receivable are fully repaid. Our deep understanding of Bitcoin mining, combined with our relationships across a strong network of mining ecosystem partners, including equipment suppliers, mining pool companies and data center operators, enables us to effectively manage collateral like Bitcoin and mining machines. We have seen significant revenue growth and improving profitability. Our revenue primarily consists of technology financing fees charged on the supply chain loans that we originate. Our supply chain loan portfolio, which consists of mining machine loans and hashrate loans, has grown from $344.0 million as of December 31, 2023 to $428.9 million as of December 31, 2024 representing a 25% year-on-year increase. In addition, we enable our financing partner, Northstar, to provide Bitcoin loans to our non-U.S. customers. We contract directly with Northstar’s borrowers, service them over the term of the loan, and earn a technology platform fee for our services. The amount of Bitcoin loans we serviced grew from $220.8 million as of December 31, 2023, to $1,198.7 million as of December 31, 2024, representing a year-on-year increase of 443%. For the year ended December 31, 2024, revenues from technology financing fees increased 274% year-on-year to reach $38.7 million, revenues from technology platform fees increased 859% year-on-year to reach $8.8 million, and total revenues increased 321% year-on-year to reach $47.5 million. For the years ended December 31, 2023 and 2024, we recorded net loss of $6.6 million and net income of $4.4 million, respectively. A key driver of our revenue and loan growth has been our innovative and expanding range of products, designed to meet both our customers’ needs while maintaining our high standards for risk management. We began our operations in July 2022 with purchase order financing, allowing Bitmain customers to assign the down payment on their mining machine purchase to us as collateral for loans to cover the remaining balance on their purchase order. In October 2022, we added hashrate financing, allowing borrowers to pledge the Bitcoin that they mine as collateral to finance expenditures on mining-related services. Subsequently, in April 2023, we introduced mining machine financing, in partnership with Bitmain to help their customers finance on-rack mining machine purchases using the purchased machines as collateral. We work closely with our customers to deeply understand their needs and develop innovative, bespoke financing solutions to support their business growth. We aim to leverage Antalpha Prime and our expertise in supply chain financing and risk management to offer customized financing solutions and value-added services for clients across the digital economy. This includes exploring financing options for the purchase of graphics processing units, or GPUs, used for artificial intelligence, a rapidly growing market projected to reach approximately $235 billion in spending in 2024, according to IDC. We believe our supply chain financing and risk management know-how is deployable into different industries requiring massive computing, and that our business model is adaptable to working with leading equipment suppliers and customers who have sizable Bitcoin holdings. In addition, we plan to leverage our risk management know-how to deploy new products and services to our customers that would not require funding from us. Our principal executive office is located in Singapore.

Market Capitalization: $282.98 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 27,466 shares
Average Volume: 109,446 shares
Today's Range: $11.18
▼
$12.40
50-Day Range: $0.00
▼
$0.00
52-Week Range: $10.19
▼
$27.72
Dividend Yield: N/A

44. SilverBox Corp IV NYSE:SBXD

$10.45 -0.02 (-0.19%)

As of 11:47 AM Eastern

Silverbox Corp. IV is a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 16, 2024 and is headquartered in Austin, TX.

Market Capitalization: $265.95 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 8,838 shares
Average Volume: 85,451 shares
Today's Range: $10.45
▼
$10.47
50-Day Range: $10.43
▼
$11.15
52-Week Range: $9.95
▼
$11.64
Dividend Yield: N/A

45. Cantor Equity Partners NASDAQ:CEPO

$10.42 -0.04 (-0.38%)

As of 01:15 PM Eastern

Cantor Equity Partners I, Inc. is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.

Market Capitalization: $265.71 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 83,129 shares
Average Volume: 422,971 shares
Today's Range: $10.40
▼
$10.50
50-Day Range: $10.46
▼
$15.24
52-Week Range: $10.04
▼
$16.50
Dividend Yield: N/A

46. Plum Acquisition Corp. IV NASDAQ:PLMK

$10.27 -0.01 (-0.10%)

As of 11:00 AM Eastern

Plum Acquisition Corp. IV is a blank check company, which was established for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on June 10, 2024 and is headquartered in San Francisco, CA.

Market Capitalization: $248.98 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 104 shares
Average Volume: 112,225 shares
Today's Range: $10.27
▼
$10.27
50-Day Range: $10.25
▼
$10.34
52-Week Range: $9.94
▼
$10.34
Dividend Yield: N/A

47. Isabella Bank NASDAQ:ISBA

$32.50 +0.96 (+3.04%)

As of 08/20/2025 04:00 PM Eastern

Isabella Bank Corporation operates as the bank holding company for Isabella Bank that provides various banking products and services to businesses, institutions, and individuals and their families. Its deposit products include checking accounts, savings accounts, certificates of deposit, direct deposits, and money market accounts. The company's loan portfolio comprises commercial, agricultural, and residential real estate loans, as well as consumer loans, including secured and unsecured personal loans. It also offers cash management, mobile and internet banking, electronic bill pay, automated teller machines, trust and investment, estate planning, and safe deposit box rental services; and group life, health, accident, disability, and other insurance products, as well as other employee benefit programs. As of December 31, 2021, the company operated 30 banking offices in Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm, and Saginaw counties. Isabella Bank Corporation was founded in 1903 and is headquartered in Mount Pleasant, Michigan.

Market Capitalization: $239.20 million
P/E Ratio: 14.84
Consensus Rating: Hold
Consensus Price Target: $34.00 (+4.6% Upside)
Volume: 5,020 shares
Average Volume: 6,560 shares
Today's Range: $32.23
▼
$32.50
50-Day Range: $0.00
▼
$0.00
52-Week Range: $18.95
▼
$44.99
Dividend Yield: 3.55%

48. Oaktree Acquisition Corp. III Life Sciences NASDAQ:OACC

$10.42 +0.03 (+0.29%)

As of 12:49 PM Eastern

Oaktree Acquisition Corp. III Life Sciences is a blank check company, which was created for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 1995 and is headquartered in Los Angeles, CA.

Market Capitalization: $233.67 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 213,139 shares
Average Volume: 97,897 shares
Today's Range: $10.38
▼
$10.42
50-Day Range: $10.30
▼
$10.59
52-Week Range: $9.95
▼
$10.85
Dividend Yield: N/A

49. Stellar V Capital NASDAQ:SVCC

$10.27 0.00 (0.00%)

As of 08/20/2025

We are a blank check company incorporated on July 12, 2024 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. We may pursue an initial business combination target in any business or industry or at any stage of its corporate evolution. Our primary focus, however, will be in completing a business combination with an established business of scale poised for continued growth, led by a highly regarded management team. Our management team has an extensive track record of acquiring attractive assets at disciplined valuations, investing in growth while fostering financial discipline and improving business results. Our executive offices are located at 230 Park Avenue, Suite 1540, New York, NY.

Market Capitalization: $221.99 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 61 shares
Average Volume: 2,163 shares
Today's Range: $10.27
▼
$10.27
50-Day Range: $0.00
▼
$0.00
52-Week Range: $9.95
▼
$10.31
Dividend Yield: N/A

50. Executive Network Partnering NYSE:ENPC

$5.19 -0.12 (-2.26%)

As of 08/19/2025

Executive Network Partnering Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar partnering transaction with one or more businesses. The company was incorporated in 2020 and is based in Boston, Massachusetts.

Market Capitalization: $218.05 million
P/E Ratio: N/A
Consensus Rating: N/A
Consensus Price Target: N/A
Volume: 465,122 shares
Average Volume: 245,839 shares
Today's Range: $5.19
▼
$5.36
50-Day Range: $4.83
▼
$6.66
52-Week Range: $8.46
▼
$10.24
Dividend Yield: N/A

How to Invest in Insurance Companies: A Guide

Written by Claire Shefchik

May 3, 2023

Key Points

Investing in insurance companies can be a great way to diversify your portfolio but are not always as straightforward as investing in other assets.
When investing in insurance companies, try to understand the various ratios used to evaluate their performance to compare against peers and industry averages.
Investing in insurance companies can diversify your portfolio, as long you conduct thorough research and professional advice.

If you're looking for an excellent way to diversify your portfolio, you're probably wondering how to invest in insurance companies. These companies are well-regulated and largely safe investments that can provide steady income via dividends.

In this guide, we'll discuss the basics of investing in insurance companies, including the types of companies you can invest in, the risks and rewards and the steps to get started. We'll also provide tips on evaluating insurance companies and determining which ones offer the best returns. Read on to learn how to start investing in insurance companies.

Overview of Insurance Companies

Investing in insurance companies can be a fantastic way to diversify your portfolio, but you must understand the risks and rewards. Investors often consider insurance companies safe investments, as they tend to be well-regulated by governments and are required to maintain certain levels of liquidity, meaning they must have enough cash on hand to cover obligations to their policyholders.

Investing in different insurance companies can provide you with a steady income stream via dividends, with the potential for long-term capital appreciation. However, the fact that insurance companies are heavily regulated can make them more difficult to invest in than stocks and bonds.

Investing in insurance companies infographic on MarketBeat.

Life Insurance Companies

Life insurance companies provide policies that pay out a lump sum or ongoing payments in the event of death. Investing in them can be lucrative, as they typically have low expenses and good dividend yields. Some publicly-traded life insurance companies include Prudential plc (NYSE: PUK), MetLife Inc. (NYSE: MET), Allianz SE (FRA: ALV) and AXA SA (OTCMKTS: AXAHY). You can invest in insurance companies through mutual funds, in which you pool your money with other investors and agree to let a professional fund manager choose your investments. Or you can directly buy bonds or financial stocks to add to your portfolio.

Either way, take note of the regulations governing these companies, which can vary depending on your jurisdiction. By researching and understanding the risks and rewards, you can benefit from steady dividends and long-term capital appreciation.

Property and Casualty Companies

Property and casualty companies sell insurance policies to cover losses from property damage or bodily injury. Examples of publicly-traded companies that offer this type of coverage include Chubb Limited (NYSE: CB) and Progressive Corp. (NYSE: PGR). These companies are typically well-regulated and offer the potential for steady income via dividends or long-term capital appreciation.

However, investing in them requires a certain level of risk tolerance as the stock price can be volatile due to unpredictable events. Get familiar with the regulations governing these companies to ensure your investment is sound.

Specialty Companies

Specialty companies offer more specialized coverage than your traditional property and casualty insurers. Examples of publicly-traded specialty insurance companies include American International Group, Inc. (NYSE: AIG) and The Hartford Financial Services Group (NYSE: HIG). Their services could include particular risks such as pet insurance, cyber-risks or marine and aviation policies. These types of policies can be expensive due to their high costs.

They might include benefits like legal assistance and travel insurance that aren't available from traditional insurers. The stock price of these companies can be volatile. Make sure to research all regulations before investing any money.

Health Insurance Companies

Health insurance companies provide policies that pay for medical expenses incurred by the policyholders. They generally cover the cost of doctor visits, hospital stays, medications and other medical services. Some publicly-traded health insurance companies include UnitedHealth Group Incorporated (NYSE: UNH), Aetna Inc. (NYSE: AET), Elevance Health Inc. (NYSE: ANTM) and Cigna.

Investments in these companies can be lucrative, as they typically have high dividends and potential for long-term growth. But understand the risks involved. Stock prices can be volatile due to changing regulations and market conditions and can be illiquid, meaning they are not easily convertible to cash.

Reinsurance

Reinsurance protects insurance companies from losses on policies they've issued. It's a form of risk management in which an insurer shares its risk with another insurer or a group of insurers. Doing so allows them to manage their exposure to oversized and/or unexpected claims, spread their risk more effectively and regulate the premiums they collect. Examples of publicly-traded reinsurance companies include Hannover Rück SE (FRA: HNR1), Everest Re Group Ltd. (NYSE: RE) and PartnerRe Ltd. (NYSE: PRE.PH).

Mutual Insurance Companies

Policyholders own mutual insurance companies, which are also their customers. Rather than shareholders receiving dividends, the profits from the company get shared among the policyholders in the form of lower premiums. Examples of mutual insurance companies include State Farm, Mutual of Omaha and Farmers Insurance Group.

How Insurance Companies Make Money

Insurance companies make money through premiums they collect from their customers, the amount that policyholders pay in exchange for protection against specific risks.

These premiums cover claims and administrative expenses. That money can also be invested to create more revenue. Companies may also charge additional fees for certain services, such as medical exams or reports. Besides direct income from premiums, insurance companies can also make money through investments, reinsurance arrangements and other opportunities.

They invest the premiums collected from their customers in different financial products, such as stocks, bonds and real estate, to generate additional income. Additionally, insurers may enter into agreements with each other or with third-party reinsurers to help reduce their risk exposure. Some companies may sell travel insurance or roadside assistance.

How to Invest in Insurance

Investing in insurance companies can be a lucrative way to diversify your portfolio and create long-term wealth. There are several ways to invest in the insurance industry, such as through publicly traded stocks and mutual funds. You can also purchase bonds and invest in special purpose vehicles (SPVs) the company offers.

Step 1: Research insurance companies.

Research and understand the different types of insurance companies available using the MarketBeat stock market sector overview. Before investing, look up stocks on MarketBeat and compare companies in size, financial strength, investment portfolio and profitability.

Compare the performance of their stock over time to other companies in their sector using the comparison tools (below, where we've compared Prudential to several of its industry competitors).

You can also find a company's ratings and reviews online and information about its products and services. For instance, independent credit rating company AM Best gives each insurance company credit ratings and financial strength ratings, which are available on its website by searching for the company (for example, Prudential).

Consider the specific products or services each insurer offers when deciding which one to invest in. For example, Prudential's website provides information about its different life insurance policies.

Step 2: Understand ratios.

When understanding how to invest in insurance companies, try to understand the various ratios used to evaluate their performance. Ratios compare a company's performance against its peers and industry averages.

Loss ratio: The loss ratio measures the amount of claims an insurance company pays out compared to the premiums it collects. You can calculate it by dividing the total amount paid out in claims by the total premiums collected. The lower this ratio, the more profitable the company will likely be.
Expense ratio: The expense ratio measures how much an insurance company spends on operating expenses, such as salaries and commissions, as a percentage of its total income. The higher this ratio, the less efficient the company will likely be.
Combined ratio: The combined ratio measures an insurer's combined costs of insuring and operating its business. Add together its loss and expense ratios to help you estimate whether or not the company will make a profit or loss in any given year. A combined ratio of below 100% indicates that a company will profit; anything above 100% will make a loss.

For example, say we chose to research Progressive. If we click on "financials" under Progressive and view its annual report, we can calculate these ratios using the report's information, then compare them to its competitors.

Step 3: Choose an investment option.

Once you've researched and decided which company to invest in, the next step is choosing an investment option that fits your goals and risk tolerance.

Investing in individual stocks, such as the best financial services stocks on MarketBeat, can provide more control over your investments but requires more time for research and monitoring market movements. Mutual funds offer greater diversification and are less risky than individual stocks, but fees may be higher than other types of investments.

Bonds are generally considered low-risk investments but offer lower returns than other options. Special purpose vehicles, where multiple investors pool their capital and invest in a single company, offer access to high-yield investments with potential for significant returns. Still, there are numerous risks involved as well.

Step 4: Consider taxes.

Taxes on insurance investments vary depending on the type of investment made and the country or state where you reside. Before investing, consider any tax implications that may apply based on your location and type of investment.

Step 5: Start investing.

Once you have researched, chosen an appropriate investment option, considered taxes and determined how much money you have available for investing, it's time to make your purchase. There are many ways to buy the top-rated finance stocks on MarketBeat, including online brokers. You can purchase mutual funds from various providers, and bonds can be bought through banks.

Pros and Cons of Investing in Insurance

Although investing in insurance can be a lucrative way to earn long-term growth and income, it has advantages and disadvantages like any investment. Here are some pros and cons to this type of investment:

Pros

Here are some of the pros investing in insurance can offer:

Diversification: Diversifying your investments means spreading out your risks across different types of assets, which can reduce potential losses. Insurance companies offer a range of products that cater to different risks, such as life, health, property and casualty insurance, allowing you to spread your risk across different types of assets and potentially reduce exposure to one market.
Potential for returns: Insurance can offer higher returns than other types of investments, depending on your chosen company. Many insurance companies offer long-term investment opportunities that can provide a steady stream of income and capital appreciation.
Safety: Insurance investments are usually low-risk and safer than other investments. Insurance companies must maintain certain capitalization levels and adhere to strict investment guidelines to reduce the likelihood of facing financial difficulties. They must also maintain a certain level of liquidity, meaning they must have sufficient funds to meet their obligations to policyholders, even during economic uncertainty.

Cons

The following are some major cons of investing in insurance:

Volatility risk: The market value of insurance investments can fluctuate, and some companies specialize in insurance types that carry additional risk. So even though the risk may be lower, there's still a chance of losing money.
Illiquidity risk: Some investments may not be easily sold or exchanged for cash, and you could be locked in for longer periods without access to your money. You may have limited control over your investments as the insurance company sets policies and products.
Costs: Insurance investments can have an up-front cost, including brokerage fees and other costs. These can erode any potential gains made from the investment itself.
Research required: Investing in insurance requires research. Products vary widely and have different rules and regulations, which you need to understand before committing.

Rewards of an Industry Concerned with Risk

Investing in insurance companies can be a sound strategy to diversify your portfolio if you conduct research and seek professional advice first. Read up on the risks and rewards and the complex regulatory landscape governing the industry. That way, you can make informed decisions and benefit from steady income and long-term appreciation of insurance as an investment.

FAQs

If you're considering investing in insurance companies, you may have questions about the process of how to invest in insurance and what to expect. In this section, we'll address some frequently asked questions about insurance investing and provide insights to help you make informed decisions.

How do you make money by investing in insurance?

You can make money by investing in insurance companies by choosing publicly traded insurance company stock or by choosing mutual funds that invest in these companies. They can help you hedge against risk by diversifying your portfolio and creating long-term growth while potentially earning dividends that provide income while your investment grows.

What does it mean to invest in insurance?

Investing in insurance companies is a way to diversify your portfolio, but you must understand the risks and rewards. These companies are generally safe investments due to regulations and required liquidity, offering steady income and potential long-term appreciation. However, regulations make investing in insurance companies more complex than other assets. They must have enough capital to cover liabilities and adhere to government regulations.

What type of insurance is a good investment?

There's no one-size-fits-all answer for how to invest in insurance company. Different types of insurance may be better investments for you, depending on your risk tolerance, investment goals and market conditions. However, some types of insurance, such as property and casualty insurance, have historically been more stable and reliable due to their consistent demand and low correlation to other asset classes. Conduct thorough research and seek professional advice before making any investment decisions.

About The Author

Claire Shefchik

Contributing Author

Energy, Commodities

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Financial Services Stocks List

Pros of Citigroup

Cons of Citigroup

How to Invest in Insurance Companies: A Guide

Key Points

Overview of Insurance Companies

Life Insurance Companies

Property and Casualty Companies

Specialty Companies

Health Insurance Companies

Reinsurance

Mutual Insurance Companies

How Insurance Companies Make Money

How to Invest in Insurance

Step 1: Research insurance companies.

Step 2: Understand ratios.

Step 3: Choose an investment option.

Step 4: Consider taxes.

Step 5: Start investing.

Pros and Cons of Investing in Insurance

Pros

Cons

Rewards of an Industry Concerned with Risk

FAQs

How do you make money by investing in insurance?

What does it mean to invest in insurance?

What type of insurance is a good investment?

Contributing Author

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