WGA Releases Bank Top Index Q1 2025

The constituents of the WGA Bank Indices are selected using WGA’s proprietary measures of bank financial performance. Each bank essentially votes for itself in a census based upon the institution’s market returns and fundamental financial performance. The maximum possible score for each bank subject in Q1 2025 was 520.

“The banking industry saw double-digit market returns over the past year, but consistent financial performance is also important to long-term investors,” WGA Chairman Christopher Whalen notes. “With the WGA Bank Top indices, we have married market returns with fundamental financial performance to give investors the opportunity to focus on the best banks overall.”

Unlike traditional price-weighted indices which are biased entirely toward larger stocks, the WGA Indices employ a pure constituent weighting system to ensure that the highest scoring banks have the greatest impact on the Indices regardless of size. As a result, the WGA Bank Top indices offer investors a broader view of the banking industry that is not correlated to price-weighted indices and strategies. The index agent for the WGA Bank Top Indices is Thematic.

Subscribers to the Annual Service of The Institutional Risk Analyst have access to the index constituents and weightings for each stock. “Our WGA Bank Indices clearly show the superior returns available to investors by focusing on the banks with both strong market and operating performance characteristics,” Whalen adds.

About Whalen Global Advisors LLC

Whalen Global Advisors LLC (WGA) is a New York-based consulting, risk analytics and publishing company that focuses on financial institutions and global markets. WGA publishes The Institutional Risk Analyst (ISSN 2692-1812), including commentary on the capital markets, industry reports and company profiles, and the WGA Bank Top Indices. For additional information, please contact us at: [email protected]

Source: Whalen Global Advisors LLC