AerCap Holdings N.V. (NYSE: AER) was the biggest gaining financial institution in the banking and investment sector on Tuesday, as the company moved up by $1.84 (4.22 percent) to close the trading session at $45.44. The institution’s market capitalization is now at $5.17 billion.
AerCap Holdings N.V. (NYSE: AER) was the biggest gaining financial institution in the banking and investment sector on Tuesday, as the company moved up by $1.84 (4.22 percent) to close the trading session at $45.44. The institution’s market capitalization is now at $5.17 billion. AerCap Holdings N.V. is described as an integrated global aviation company and is primarily involved in acquiring aviation assets at competitive prices.
Second among Tuesday’s banking and investment gainers was BofI Holding Inc. (NASDAQ: BOFI), which ticked upwards by $2.76 (3.44 percent) to $83.02 per share. The bank’s market capitalization was, as of yesterday, at $1.17 billion. BofI Holding Inc. is a holding company for San Diego-based diversified financial services company BofI Federal Ban, and is headed by Chairman of the Board Theodore C. Allrich and Gregory Garrabrants.
Other companies that placed among yesterday’s top five gainers in banking and investment were LCNB Corp. (NASDAQ: LCNB, $15.92, +$0.37/2.38 percent), Hingham Institution for Savings (NASDAQ: HIFS, $72.01, +$1.31/1.85 percent), and MCG Capital Corp. (NASDAQ: MCGC, $3.30, +$0.06/1.85 percent). Market capitalization of the three institutions is now at $147.93 million, $153.29 million, and $214.48 million respectively.
Tuesday’s top banking and investment losers were led off by Tree.com Inc. (NASDAQ: TREE), which made a rather significant drop, falling 13.61 percent, or $3.96, to $25.14 per share. The company now has a market cap of $284.26 million. Tree.com Inc., which is led by Chairman Douglas R. Lebda, is the parent company of LendingTree LLC, and the parent of other companies under the LendingTree, LLC umbrella, such as Home Loan Center, Inc. The company provides information, advice, products, services and tools for what is described as “critical (financial) transactions in consumers’ lives.”
The other four companies among the biggest losers in the banking and investment sector included NASB Financial Inc. (NASDAQ: NASB, $21.74, -$1.80/-7.65 percent), Synchronoss Tech Inc. (NASDAQ: SNCR, $28.65, -$1.53/-5.07 percent), Guaranty Bancorp (NASDAQ: GBNK, $12.32, -$0.64/4.94 percent), and Ocwen Financial Corp. (NYSE: OCN, $32.14, -$1.59/-4.71 percent). At the close of Tuesday trading, market capital was, and currently is at $171.04 million for NASB, $1.18 billion for Synchronoss, $254.74 million for Guaranty, and $4.34 billion for Ocwen.
Bank of America Corp. (NYSE: BAC) remained the number one financial institution in the banking and investment space in terms of most actives by dollar volume. The bank is now trading at $14.73 per share, or $0.35/2.32 percent less compared to the previous day’s close. JPMorgan Chase & Co. (NYSE: JPM) was second among most actives, trading at $53.34 per share, or $0.88/1.62 percent lower than the day before; its market cap is valued at $201.88 billion.
Other banks in the list of top five most active institutions included Citigroup Inc. (NYSE: C), which fell by $0.82/1.74 percent to $46.36 per share and a market capitalization of $140.83 billion, Wells Fargo & Co. (NYSE: WFC), which lost $0.47/0.95 percent to settle at $49.09 per share, and Visa Inc. (NYSE: V), which retreated by $1.77/0.85 percent to $205.36 per share. Currently, market capitalization is $258.49 billion for Wells Fargo and $129.06 billion for Visa.