Week’s 14 Worst Performing Stocks In Financial Sector

If you’re looking for stocks that are underperforming their competitors, the following list might be a good starting point for your research.

Here is a list of the worst performing Financial stocks over the last week.

The companies listed below have been ranked by their stock’s alpha relative to an industry average.

To find out more about a company listed below, click on any of the links.


All data below current as of 9/13/2012:

1. FirstMerit Corporation (FMER): Returned -8.53% over the last week vs. an industry average of 1.49%. (Industry: Regional Banks from the Midwest. Alpha vs. industry at -10.02%, based on average of 19 companies)

Operates as the bank holding company for FirstMerit Bank, N.


2. Banco Santander-Chile (BSAC): Returned -3.89% over the last week vs. an industry average of 5.44%. (Industry: Money Center Banks. Alpha vs. industry at -9.33%, based on average of 21 companies)


3. Banco Latinoamericano de Comercio Exterior, S.A (BLX): Returned 0.87% over the last week vs. an industry average of 10.09%. (Industry: Foreign Banks. Alpha vs. industry at -9.22%, based on average of 8 companies)

Banco Latinoamericano de Comercio Exterior, S.A., together with its subsidiaries, provides trade financing to commercial banks and corporations in Latin America.


4. FirstService Corp. (FSRV): Returned -2.62% over the last week vs. an industry average of 4.28%. (Industry: Property Management. Alpha vs. industry at -6.9%, based on average of 14 companies)

Provides real estate related services to commercial, institutional, and residential customers in North America and internationally.

5. DuPont Fabros Technology, Inc. (DFT): Returned -2.32% over the last week vs. an industry average of 4.28%. (Industry: Property Management. Alpha vs. industry at -6.6%, based on average of 14 companies)

Engages in the ownership, acquisition, development, operation, management, and lease of large-scale data center facilities in the United States.


6. Cedar Realty Trust, Inc. (CDR): Returned -4.85% over the last week vs. an industry average of 0.83%. (Industry: Retail REITs. Alpha vs. industry at -5.68%, based on average of 27 companies)

Engages in the ownership, operation, development and redevelopment of supermarket-anchored community shopping centers and drug store-anchored convenience centers in the United States.


7. Home Bancshares, Inc. (Conway, AR) (HOMB): Returned -0.18% over the last week vs. an industry average of 5.44%. (Industry: Money Center Banks. Alpha vs. industry at -5.62%, based on average of 21 companies)

Operates as a holding company for the Centennial Bank that provides various commercial and retail banking, and related financial products and services to businesses, real estate developers, investors, individuals, and municipalities.


8. MarketAxess Holdings Inc. (MKTX): Returned -0.79% over the last week vs. an industry average of 4.72%. (Industry: Investment Brokerage. Alpha vs. industry at -5.51%, based on average of 14 companies)

Operates an electronic trading platform that enables investment industry professionals to trade corporate bonds and other types of fixed-income instruments.


9. Icahn Enterprises, L.P. (IEP): Returned -1.2% over the last week vs. an industry average of 4.28%. (Industry: Property Management. Alpha vs. industry at -5.48%, based on average of 14 companies)

Engages in investment management, automotive, gaming, railcar, food packaging, metals, real estate, and home fashion businesses in the United States and internationally.


10. CoreSite Realty Corporation (COR): Returned -3.56% over the last week vs. an industry average of 1.81%. (Industry: Office REITs. Alpha vs. industry at -5.37%, based on average of 21 companies)

Operates as real investment trust in the United States.


11. First Republic Bank (FRC): Returned 0.09% over the last week vs. an industry average of 5.44%. (Industry: Money Center Banks. Alpha vs. industry at -5.35%, based on average of 21 companies)

Provides private banking, private business banking, investment management, brokerage, trust services, and real estate lending services in California, Nevada, and New York.


12. Cowen Group, Inc. (COWN): Returned -0.36% over the last week vs. an industry average of 4.72%. (Industry: Investment Brokerage. Alpha vs. industry at -5.08%, based on average of 14 companies)

Cowen Group, Inc. is a publicly owned asset management holding company.


13. General Growth Properties Inc. (GGP): Returned -4.12% over the last week vs. an industry average of 0.83%. (Industry: Retail REITs. Alpha vs. industry at -4.95%, based on average of 27 companies)

Operates as a real estate investment trust in the United States.


14. CorpBanca S.A. (BCA): Returned 1.51% over the last week vs. an industry average of 6.46%. (Industry: Foreign Banks. Alpha vs. industry at -4.95%, based on average of 18 companies)

Provides various commercial and retail banking services in Chile.