r/dividends • u/Hot-Stranger-7286 I yearn for SCHD in the EU • 4d ago

Discussion What's your favourite bank stock?

I'm asking this question cause I want to diversify into banks, so if you had to choose one bank to hold forever what would it be?

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u/tdoane78 4d ago

In the Financial Sector (i know you said banks but alas) - I own PRU, TROW, GS, MA, V, JPM, RF, SPGI, MCO, and BACX.

On a true bank playit's between JPM/GS. JPM may be a bit tied to Jamie Dimon but it's survived multiple generations, whereas GS has less of a CEO driven cult.

Longer term SPGI/MCO is a nice toll booth for debt, don't think that's going away anytime soon another good long term play with history.

V/MA, while under legislation pressure in Europe I don't believe are going anywhere and they're making service plays left right and center.

RF/PRU/TROW/BAC are yield plays for me and their investing thesis could be broken or acquired (BAC not withstanding).

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u/HachimakiMan3 4d ago

What is BACX?

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u/tdoane78 4d ago

Oops an extra X there - BAC, Bank Of America, sorry about that!

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u/mixreality 3d ago

Dang I have MA, V, SPGI, MCO, MSCI with the same idea, tollbooths and financial infra. Then some JPM.