Whalen Global Advisors Releases WGA Bank Top 100 for Q2 2024

Whalen Global Advisors Releases WGA Bank Top 100 for Q2 2024

BRIARCLIFF MANOR, N.Y., May 9, 2024 (Newswire.com) – Whalen Global Advisors has just unveiled the highly anticipated WGA Bank Top 100 for the second quarter of 2024. This list includes indices for the top 10, 25, and 50 publicly traded banks, providing valuable insights for investors and financial analysts.

According to IRA Chairman Christopher Whalen, only 30% of the names in the WGA Bank Top 100 Index had positive equity returns for the first four months of the year. Despite this, there were some surprising top performers, proving that size isn’t the only factor to consider when evaluating bank performance.

The WGA Bank Top Indices have shown impressive performance year-to-date, with the WGA Bank Top 25 Index up 15.28% through May 6, 2024, outperforming major bank ETFs by a significant margin. This performance highlights the potential for qualitative factors to drive portfolio outperformance compared to traditional market-weighted indices and passive strategies.

Whalen emphasized the importance of financial performance in selecting commercial banks, noting that many ETFs and passive strategies prioritize size over performance. The WGA Bank Top Indices offer investors a way to identify the best-performing banks based on their financial performance.

For investors and financial institutions looking to license the WGA Bank Top Indices, additional information is available by contacting WGA at info@rcwhalen.com.

About Whalen Global Advisors LLC:
Whalen Global Advisors LLC is a New York-based consulting, risk analytics, and publishing company specializing in financial institutions and global markets. The company publishes The Institutional Risk Analyst, the IRA Bank Book quarterly review, and the WGA Bank Indices. For more information, contact info@rcwhalen.com.

Source: WGA LLC