How this ranking works
Financial Services companies are balance-sheet businesses — free cash flow and returns on invested capital, which our quality-growth score relies on, aren't meaningful for them. So every financial services name in our US universe is scored on a separate financial-strength model instead: a 0–100 read blending profitability (returns on equity), value (price-to-book for banks and REITs, price-to-earnings for fee-based managers), and covered income (a healthy, sustainable dividend). The table below ranks them by that score, highest first, and re-scores every trading day. This is a different scale from the quality-growth score on other stocks — it ranks financials against each other, not against the whole market.
Banks, insurers, brokers, and asset managers — balance-sheet businesses the quality-growth screen can't grade, ranked instead on a financial-strength score built from returns on equity, valuation, and covered income.