5 lesser-known financial stocks that have given returns of over 20%

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5 lesser-known financial stocks that have given returns of over 20%

 5 lesser-known financial stocks that have given returns of over 20%
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Highlights 

  • Financial sector stocks may fall under categories like retail and commercial banking, asset management, and insurance.
  • Some financial stocks may gain from rising inflation and interest rates.

The financial sector is very diverse and comprises of various types of UK firms offering a wide range of services to individuals and businesses, such as insurance, loans, savings, money management, and payments. Thus, the financial sector stocks may fall under categories like retail and commercial banking, asset management, credit cards, accounting, insurance, and brokerage.

Even during these rough times with soaring inflation, financial stocks have been on the radar of investors lately as they are generally inflation resistant. The rising inflation leading to an increase in interest rate may actually be good for some financial stocks as it increases their profit margins.

As of September 2021, the total number of financial firms trading on the LSE stood at 721, with a market cap of approximately £902 billion.

Let’s take a look at 5 lesser-known FTSE financial stocks that have given high returns to investors in last one year.

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