BRC Group Holdings, Inc. · RILY
$382M
$422M
$247M
$140M
$312M
$241M
$432M
$406M
$363M
$314M
$298M
$95M
$175M
$179M
$186M
$225M
$278M
$278M
$352M
—
20-quarter listed-company comparison
Financial Conglomerates Stocks
Financial Conglomerates: Voya Financial, Inc. owns the largest revenue base; BRC Group Holdings, Inc. has the fastest current growth.
01 · the industry itself · before any single company
How has Financial Conglomerates moved against S&P 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 30% ahead of S&P 500. Earnings across its companies grew 7% on average over the last four reported quarters — close to flat. It has been ahead of S&P 500 on a rolling three-month view for 13 weeks running.
LEADER · ahead 13w✓Price up, without the fundamentals confirming3 of 6 companies ahead of S&P 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more
RS ↑13w · 5/6 >200d (+0) · 3/6 lead (+1) · EPS 6/6↑
Financial Conglomerates, equal-weighted, based at 200
S&P 500, same base, same start
trailing 12-month earnings per share rising
falling
Financial Conglomerates, equal-weighted, based at 200
S&P 500, same base, same start
trailing 12-month earnings per share rising
falling
Financial Conglomerates, equal-weighted, based at 200
S&P 500, same base, same start
trailing 12-month earnings per share rising
falling
Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 6 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
02 · sector relative strength, before individual stocks
Is Financial Conglomerates outperforming S&P 500?
Financial Conglomerates has outperformed S&P 500 by 4.7% over the last 52 weeks. Over 13 weeks the gap is a lead of 3.4%. 2 of 5 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Voya Financial, Inc. is the strongest against the sector itself at +14.1%.
+3.4%Sector vs S&P 500 · 13 weeks
+4.7%Sector vs S&P 500 · 52 weeks
2/5Stocks leading S&P 500
2/5Stocks leading sector
Sector metric: — as of latest available · unclassified · direction unavailable.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Financial Conglomerates has outperformed S&P 500 by 4.7% over 52 weeks and 3.4% over 13 weeks. 2 of 5 covered companies beat the S&P 500 on Mansfield relative strength, while 2 of 5 beat the sector itself. Voya Financial, Inc. leads with income of $8,251 million, based on 3 of 5 comparable companies through Mar 2026.
Companies
5
complete canonical membership
Combined market value
$22.0B
Freedom Holding Corp.
Revenue growing
3/3
positive TTM year-on-year growth
Beating S&P 500
2/5
positive Mansfield relative strength
Comparing 3 of 5
03 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Voya Financial, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 61.7% evidence confidence.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Voya Financial, Inc.VOYA | 57.6/100Mixed-positive evidence62% evidence | LEADER | 20.6/35 Income 3.5% · PAT 28.4% 55% evidence | 13.2/25 ROA — · ROE 3% · GNPA — 34% evidence | 3.8/20 P/BV 1.36× · P/BV÷ROE 0.45 70% evidence | 20.0/20 RS sector 14.1% · RS bench 15.9% · 1Y 41.7%11 of 12 weeks ahead 100% evidence |
| Exact sum: 20.6 + 13.2 + 3.8 + 20 = 57.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Freedom Holding Corp.FRHC | 42.9/100Mixed-negative evidence67% evidence | TURNING | 25.4/35 Income 21% · PAT 82.1% 45% evidence | 6.2/25 ROA 0.4% · ROE 0.6% · GNPA — 68% evidence | 3.0/20 P/BV 5.96× · P/BV÷ROE 9.94 70% evidence | 8.3/20 RS sector -6.3% · RS bench -4.7% · 1Y -13.3%4 of 12 weeks ahead 100% evidence |
| Exact sum: 25.4 + 6.2 + 3 + 8.3 = 42.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3BRC Group Holdings, Inc.RILY | 56.9/100Thin evidence · provisional49% evidence | ASLEEP | 22.1/35 Income 78.4% · PAT — 45% evidence | 12.5/25 ROA 8.4% · ROE -139.9% · GNPA — 68% evidence | 9.5/20 P/BV 3.33× · P/BV÷ROE — 10% evidence | 12.8/20 RS sector 0.6% · RS bench 1.7% · 1Y 46.1%4 of 12 weeks ahead 70% evidence |
| Exact sum: 22.1 + 12.5 + 9.5 + 12.8 = 56.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 4Hilltop Holdings Inc.HTH | 43.1/100Thin evidence · provisional46% evidence | TURNING | 17.4/35 Income — · PAT — 10% evidence | 12.1/25 ROA — · ROE 1.7% · GNPA — 34% evidence | 3.8/20 P/BV 1.04× · P/BV÷ROE 0.61 70% evidence | 9.8/20 RS sector -2% · RS bench -0.3% · 1Y 30%0 of 12 weeks ahead 100% evidence |
| Exact sum: 17.4 + 12.1 + 3.8 + 9.8 = 43.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 5LendingTree, Inc.TREE | 40.5/100Thin evidence · provisional40% evidence | ASLEEP | 16.7/35 Income — · PAT — 10% evidence | 13.3/25 ROA — · ROE 8.5% · GNPA — 34% evidence | 7.5/20 P/BV 1.94× · P/BV÷ROE 0.23 70% evidence | 3.0/20 RS sector -41.2% · RS bench -40.1% · 1Y -37.7%0 of 12 weeks ahead 70% evidence |
| Exact sum: 16.7 + 13.3 + 7.5 + 3 = 40.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
04 · what price has already done
Market action
BRC Group Holdings, Inc. has the strongest one-year price move in Financial Conglomerates at +46.1%. Voya Financial, Inc. leads on Mansfield relative strength against the S&P 500 at +15.9%. 2 of 5 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-08-04.
Price and relative strength
Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind S&P 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS S&P 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Financial Conglomerates itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
05 · compare level, then change
Income Scale & Growth Durability
Voya Financial, Inc. has the highest Income among the 5 Financial Conglomerates companies compared here, at $8,251 million. Freedom Holding Corp. is next at $1,831 million. BRC Group Holdings, Inc. has the highest Income growth at 78.4%, so level and change sit with different companies. 3 of 5 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Voya Financial, Inc. is the scale leader at $8,251 million, 350.6% ahead of Freedom Holding Corp.. BRC Group Holdings, Inc.'s growth is 78.4% from a $1,133 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderVoya Financial, Inc. · $8,251 million
Gap350.6% versus #2 · Freedom Holding Corp.
Persistence6/8 recent comparable periods
Coverage3/5 companies · 95 observations
Investor read: Voya Financial, Inc. is the scale benchmark; BRC Group Holdings, Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Voya Financial, Inc.'s growth falls below BRC Group Holdings, Inc.'s for two consecutive comparable reports while operating margin also compresses.
For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.
Incomelargest
Income growthfastest growers
Income · company comparison
3/5 level · 3/5 change
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Income | Income growth | Reported |
|---|---|---|---|
| Voya Financial, Inc. VOYA | $2.0B | 3.2% | Mar 2026 |
| Freedom Holding Corp. FRHC | $486M | 131% | Mar 2026 |
| BRC Group Holdings, Inc. RILY | $352M | 89% | Mar 2026 |
| LendingTree, Inc. TREE | $319M | 38% | Jun 2026 |
| Hilltop Holdings Inc. HTH | $287M | 13% | Jun 2026 |
Full 20-quarter history · every available company
Income · reported quarter history
Freedom Holding Corp. · FRHC
$301M
$133M
$16M
$132M
$139M
$162M
$157M
$221M
$296M
$287M
$339M
$309M
$461M
$533M
$210M
$420M
$424M
$501M
$486M
—
Hilltop Holdings Inc. · HTH
$479M
$408M
$316M
$346M
$331M
$290M
$282M
$294M
$313M
$143M
$234M
$286M
$259M
$223M
$255M
$311M
$284M
$229M
$287M
—
LendingTree, Inc. · TREE
$286M
$258M
$276M
$255M
$232M
$196M
$227M
$176M
$148M
$145M
$162M
$210M
$193M
$253M
$232M
$240M
$291M
$311M
$319M
—
Voya Financial, Inc. · VOYA
$2.0B
$1.6B
$1.5B
$1.5B
$1.3B
$1.6B
$1.8B
$1.9B
$1.8B
$1.8B
$2.1B
$2.0B
$2.0B
$2.0B
$2.0B
$2.0B
$2.1B
$2.1B
$2.0B
—
Income growth · reported quarter history
BRC Group Holdings, Inc. · RILY
—
—
—
-58%
-18%
-43%
75%
190%
16%
30%
-31%
-77%
-52%
-43%
-38%
137%
59%
55%
89%
—
Freedom Holding Corp. · FRHC
—
—
—
20%
-54%
22%
881%
67%
113%
77%
116%
40%
56%
86%
-38%
36%
-8.0%
-6.0%
131%
—
Hilltop Holdings Inc. · HTH
—
—
—
-27%
-31%
-29%
-11%
-15%
-5.4%
-51%
-17%
-2.7%
-17%
56%
9.0%
8.7%
9.7%
2.7%
13%
—
LendingTree, Inc. · TREE
—
—
—
-1.9%
-19%
-24%
-18%
-31%
-36%
-26%
-29%
19%
30%
74%
43%
14%
51%
23%
38%
—
Voya Financial, Inc. · VOYA
—
—
—
-39%
-33%
-4.0%
22%
23%
36%
17%
12%
8.7%
7.3%
11%
-4.0%
-2.6%
8.8%
5.0%
3.2%
—
06 · compare level, then change
Profit Scale & Acceleration
Voya Financial, Inc. has the highest Net profit among the 5 Financial Conglomerates companies compared here, at $777 million. BRC Group Holdings, Inc. is next at $470 million. The same company also holds the highest Profit growth, at 28.4%. 3 of 5 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Voya Financial, Inc. leads with $777 million of TTM profit, 65.3% above BRC Group Holdings, Inc.. Voya Financial, Inc. shows 28.4% growth from a $777 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderVoya Financial, Inc. · $777 million
Gap65.3% versus #2 · BRC Group Holdings, Inc.
Persistence4/8 recent comparable periods
Coverage3/5 companies · 95 observations
Investor read: Voya Financial, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.
Net profitlargest
Profit growthfastest growers
Net profit · company comparison
3/5 level · 1/5 change
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| BRC Group Holdings, Inc. RILY | $222M | -1,120% | Mar 2026 |
| Voya Financial, Inc. VOYA | $195M | 29% | Mar 2026 |
| Hilltop Holdings Inc. HTH | $39M | -13% | Jun 2026 |
| LendingTree, Inc. TREE | $29M | -1,173% | Jun 2026 |
| Freedom Holding Corp. FRHC | $8M | -2.6% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
BRC Group Holdings, Inc. · RILY
$52M
$67M
$-9M
$-137M
$53M
$-46M
$17M
$44M
$-100M
$-112M
$-61M
$-449M
$-151M
$-258M
$-20M
$72M
$97M
$79M
$222M
—
Freedom Holding Corp. · FRHC
$209M
$58M
$-108M
$43M
$49M
$46M
$54M
$68M
$115M
$96M
$95M
$34M
$114M
$78M
$-142M
$30M
$39M
$76M
$8M
—
Hilltop Holdings Inc. · HTH
$95M
$65M
$24M
$35M
$33M
$27M
$28M
$20M
$39M
$31M
$30M
$23M
$33M
$38M
$45M
$38M
$47M
$43M
$39M
—
LendingTree, Inc. · TREE
$-4M
$48M
$-10M
$-13M
$113M
$-12M
$14M
$0M
$-156M
$14M
$2M
$11M
$-57M
$11M
$-17M
$13M
$13M
$-118M
$29M
—
Voya Financial, Inc. · VOYA
$371M
$502M
$111M
$143M
$42M
$137M
$129M
$235M
$246M
$119M
$288M
$235M
$98M
$121M
$151M
$161M
$272M
$149M
$195M
—
Profit growth · reported quarter history
BRC Group Holdings, Inc. · RILY
—
—
—
-283%
1.9%
-169%
—
—
-289%
—
-459%
-1,120%
—
—
—
—
—
—
—
—
Freedom Holding Corp. · FRHC
—
—
—
-19%
-77%
-21%
—
58%
135%
109%
76%
-50%
-0.9%
-19%
-249%
-12%
-66%
-2.6%
—
—
Hilltop Holdings Inc. · HTH
—
—
—
-66%
-65%
-58%
17%
-43%
18%
15%
7.1%
15%
-15%
23%
50%
65%
42%
13%
-13%
—
LendingTree, Inc. · TREE
—
—
—
-230%
—
-125%
—
—
-238%
—
-86%
—
—
-21%
-950%
18%
—
-1,173%
—
—
Voya Financial, Inc. · VOYA
—
—
—
-84%
-89%
-73%
16%
64%
486%
-13%
123%
0.0%
-60%
1.7%
-48%
-31%
178%
23%
29%
—
07 · compare level, then change
Funding Base & Its Composition
Hilltop Holdings Inc. has the highest Deposits among the 5 Financial Conglomerates companies compared here, at $10,514 million. Voya Financial, Inc. has the highest Borrowings at $3,086 million, so level and change sit with different companies. 1 of 5 companies report a comparable reading, the latest through Jun 2026. Its Deposits series carries 20 reported observations across the 20-quarter window.
What the numbers say: Hilltop Holdings Inc. leads deposits at $10,514 million; Voya Financial, Inc. leads borrowings at $3,086 million.
LeaderHilltop Holdings Inc. · $10,514 million
GapNot enough peers
Persistence8/8 recent comparable periods
Coverage1/5 companies · 20 observations
Investor read: Hilltop Holdings Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.
For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.
Depositslargest deposit bases
Borrowingslargest borrowings
Funding base · company comparison
1/5 level · 5/5 change
All-company data · latest reported quarter
| Company | Deposits | Borrowings | Reported |
|---|---|---|---|
| Hilltop Holdings Inc. HTH | $10.5B | $149M | Jun 2026 |
| Freedom Holding Corp. FRHC | — | $2.3B | Mar 2026 |
| Voya Financial, Inc. VOYA | — | $3.1B | Mar 2026 |
| LendingTree, Inc. TREE | — | $386M | Jun 2026 |
| BRC Group Holdings, Inc. RILY | — | $1.3B | Mar 2026 |
Full 20-quarter history · every available company
Deposits · reported quarter history
Hilltop Holdings Inc. · HTH
$12.1B
$12.8B
$12.7B
$11.9B
$11.4B
$11.3B
$11.1B
$11.2B
$11.1B
$11.1B
$10.9B
$10.4B
$10.8B
$11.1B
$10.8B
$10.4B
$10.7B
$10.9B
$10.5B
$10.5B
Borrowings · reported quarter history
BRC Group Holdings, Inc. · RILY
$1.8B
$2.1B
$2.1B
$2.1B
$2.4B
$2.5B
$2.6B
$2.4B
$2.5B
$2.5B
$2.3B
$2.3B
$2.2B
$1.8B
$1.6B
$1.5B
$1.5B
$1.5B
$1.3B
—
Freedom Holding Corp. · FRHC
$615M
$672M
$882M
$1.1B
$1.1B
$1.3B
$1.6B
$2.7B
$2.9B
$3.2B
$3.1B
$2.9B
$2.9B
$2.7B
$1.9B
$1.8B
$1.6B
$2.2B
$2.3B
—
Hilltop Holdings Inc. · HTH
$396M
$388M
$395M
$390M
$390M
$347M
$376M
$365M
$347M
$347M
$347M
$347M
$348M
$348M
$198M
$148M
$149M
$149M
$149M
$149M
LendingTree, Inc. · TREE
$472M
$478M
$565M
$813M
$813M
$814M
$625M
$625M
$626M
$526M
$631M
$468M
$346M
$344M
$388M
$385M
$388M
$388M
$387M
$386M
Voya Financial, Inc. · VOYA
$3.7B
$3.5B
$3.4B
$3.4B
$3.1B
$3.3B
$3.4B
$3.4B
$3.4B
$3.4B
$3.1B
$2.8B
$3.2B
$3.2B
$3.1B
$2.8B
$2.6B
$2.7B
$3.1B
—
08 · compare level, then change
Return On Assets
BRC Group Holdings, Inc. has the highest ROA among the 5 Financial Conglomerates companies compared here, at 8.4%. Freedom Holding Corp. is next at 0.4%. The same company also holds the highest ROA change, at +10 percentage points. 2 of 5 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: BRC Group Holdings, Inc. leads both roa at 8.4% and roa change at +10 percentage points.
LeaderBRC Group Holdings, Inc. · 8.4%
Gap21× versus #2 · Freedom Holding Corp.
Persistence4/8 recent comparable periods
Coverage2/5 companies · 38 observations
Investor read: BRC Group Holdings, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roa change signal.
ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.
Return on assets · company comparison
2/5 level · 2/5 change
All-company data · latest reported quarter
| Company | ROA | ROA change | Reported |
|---|---|---|---|
| BRC Group Holdings, Inc. RILY | 8.4% | +10.0 pp | Mar 2026 |
| Freedom Holding Corp. FRHC | 0.4% | +2.0 pp | Mar 2026 |
Full 20-quarter history · every available company
ROA · reported quarter history
BRC Group Holdings, Inc. · RILY
1.8%
2.1%
0.7%
-0.9%
1.1%
-0.3%
1.0%
0.9%
-0.1%
-0.5%
-0.2%
-5.2%
-2.1%
-4.2%
-1.6%
0.4%
3.4%
3.5%
8.4%
—
Freedom Holding Corp. · FRHC
12%
2.8%
-0.3%
1.4%
1.4%
1.1%
1.4%
1.3%
1.9%
1.5%
1.5%
0.5%
1.4%
0.9%
-1.6%
0.3%
0.4%
0.7%
0.4%
—
ROA change · reported quarter history
BRC Group Holdings, Inc. · RILY
—
—
—
—
−0.7 pp
−2.4 pp
+0.3 pp
+1.8 pp
−1.2 pp
−0.2 pp
−1.2 pp
−6.1 pp
−2.0 pp
−3.7 pp
−1.4 pp
+5.6 pp
+5.5 pp
+7.7 pp
+10.0 pp
—
Freedom Holding Corp. · FRHC
—
—
—
—
−10.3 pp
−1.7 pp
+1.7 pp
−0.1 pp
+0.5 pp
+0.4 pp
+0.1 pp
−0.8 pp
−0.5 pp
−0.6 pp
−3.1 pp
−0.2 pp
−1.0 pp
−0.2 pp
+2.0 pp
—
09 · compare level, then change
ROE — Leaders & Improvers
LendingTree, Inc. has the highest ROE among the 5 Financial Conglomerates companies compared here, at 8.5%. Voya Financial, Inc. is next at 3%. Freedom Holding Corp. has the highest ROE change at +12.5 percentage points, so level and change sit with different companies. 5 of 5 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: LendingTree, Inc. leads roe at 8.5%; Freedom Holding Corp. leads roe change at +12.5 percentage points.
LeaderLendingTree, Inc. · 8.5%
Gap183.3% versus #2 · Voya Financial, Inc.
Persistence5/8 recent comparable periods
Coverage5/5 companies · 97 observations
Investor read: LendingTree, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roe change signal.
ROE shows the return to shareholders, but should be read with asset quality and leverage.
ROEhighest
ROE changefastest improvers
Return on equity · company comparison
5/5 level · 5/5 change
All-company data · latest reported quarter
| Company | ROE | ROE change | Reported |
|---|---|---|---|
| LendingTree, Inc. TREE | 8.5% | −1.1 pp | Jun 2026 |
| Voya Financial, Inc. VOYA | 3.0% | +0.5 pp | Mar 2026 |
| Hilltop Holdings Inc. HTH | 1.7% | 0.0 pp | Jun 2026 |
| Freedom Holding Corp. FRHC | 0.6% | +12.5 pp | Mar 2026 |
| BRC Group Holdings, Inc. RILY | -140% | −165.8 pp | Mar 2026 |
Full 20-quarter history · every available company
ROE · reported quarter history
BRC Group Holdings, Inc. · RILY
9.0%
11%
-1.3%
-21%
7.9%
-7.6%
2.9%
8.7%
-19%
-26%
-17%
-282%
-726%
534%
26%
-32%
-31%
-28%
-140%
—
Freedom Holding Corp. · FRHC
58%
14%
-26%
9.2%
8.5%
7.3%
8.3%
9.5%
15%
11%
9.9%
3.5%
11%
6.8%
-12%
2.6%
3.1%
5.7%
0.6%
—
Hilltop Holdings Inc. · HTH
3.9%
2.6%
1.0%
1.6%
1.5%
1.2%
1.2%
1.0%
1.9%
1.5%
1.4%
1.1%
1.5%
1.7%
2.0%
1.7%
2.1%
1.9%
1.8%
1.7%
LendingTree, Inc. · TREE
-1.1%
12%
-2.7%
-3.3%
36%
-3.7%
5.0%
0.1%
-101%
8.1%
1.2%
5.7%
-58%
9.2%
-15%
9.6%
12%
-60%
14%
8.5%
Voya Financial, Inc. · VOYA
3.6%
4.8%
1.3%
1.8%
0.5%
1.8%
1.9%
4.0%
4.6%
2.2%
5.0%
4.1%
1.7%
2.0%
2.5%
2.6%
4.0%
2.3%
3.0%
—
ROE change · reported quarter history
BRC Group Holdings, Inc. · RILY
—
—
—
—
−1.1 pp
−18.4 pp
+4.2 pp
+29.6 pp
−27.0 pp
−18.2 pp
−19.5 pp
−290.4 pp
−706.6 pp
+560.0 pp
+42.5 pp
+250.0 pp
+695.2 pp
−561.7 pp
−165.8 pp
—
Freedom Holding Corp. · FRHC
—
—
—
—
−49.6 pp
−6.9 pp
+34.7 pp
+0.3 pp
+6.5 pp
+3.9 pp
+1.6 pp
−6.0 pp
−4.5 pp
−4.4 pp
−21.8 pp
−0.9 pp
−7.4 pp
−1.1 pp
+12.5 pp
—
Hilltop Holdings Inc. · HTH
—
—
—
—
−2.4 pp
−1.4 pp
+0.2 pp
−0.6 pp
+0.4 pp
+0.3 pp
+0.2 pp
+0.1 pp
−0.4 pp
+0.2 pp
+0.6 pp
+0.6 pp
+0.6 pp
+0.2 pp
−0.2 pp
0.0 pp
LendingTree, Inc. · TREE
—
—
—
—
+36.6 pp
−15.6 pp
+7.7 pp
+3.4 pp
−136.1 pp
+11.8 pp
−3.8 pp
+5.6 pp
+42.6 pp
+1.1 pp
−15.9 pp
+3.9 pp
+69.5 pp
−68.7 pp
+28.7 pp
−1.1 pp
Voya Financial, Inc. · VOYA
—
—
—
—
−3.1 pp
−3.0 pp
+0.6 pp
+2.2 pp
+4.1 pp
+0.4 pp
+3.1 pp
+0.1 pp
−2.9 pp
−0.2 pp
−2.5 pp
−1.5 pp
+2.3 pp
+0.3 pp
+0.5 pp
—
10 · not available
Gross NPA — Leaders & Improvers
No company in this Financial Conglomerates comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 5 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.
Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.
11 · compare level, then change
Valuation Against Growth & Quality
LendingTree, Inc. has the lowest P/BV ÷ ROE among the 5 Financial Conglomerates companies compared here, at 0.23×. Voya Financial, Inc. is next at 0.45×. Hilltop Holdings Inc. has the lowest P/BV at 1.04×, so level and change sit with different companies. 4 of 5 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: LendingTree, Inc. has the lowest comparable P/BV ÷ ROE at 0.23×, 48.9% below Voya Financial, Inc.. Only 4 of 5 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderLendingTree, Inc. · 0.23×
Gap48.9% versus #2 · Voya Financial, Inc.
Persistence0/8 recent comparable periods
Coverage4/5 companies · 73 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.
P/BV ÷ ROElowest return-adjusted price
P/BVlowest P/BV
Valuation · company comparison
4/5 level · 5/5 change
All-company data · latest reported quarter
| Company | P/BV ÷ ROE | P/BV | Reported |
|---|---|---|---|
| Freedom Holding Corp. FRHC | 9.9 | 6.0 | Mar 2026 |
| Hilltop Holdings Inc. HTH | 0.6 | 1.0 | Jun 2026 |
| Voya Financial, Inc. VOYA | 0.5 | 1.4 | Mar 2026 |
| BRC Group Holdings, Inc. RILY | 0.4 | 3.3 | Mar 2026 |
| LendingTree, Inc. TREE | 0.2 | 1.9 | Jun 2026 |
Full 20-quarter history · every available company
P/BV ÷ ROE · reported quarter history
BRC Group Holdings, Inc. · RILY
0.3
0.3
—
—
0.3
—
0.7
0.4
—
—
—
—
—
—
—
—
—
—
—
—
Freedom Holding Corp. · FRHC
0.1
0.5
—
0.5
0.6
0.7
0.7
0.6
0.4
0.4
0.4
1.1
0.4
0.9
—
2.8
2.8
0.9
9.9
—
Hilltop Holdings Inc. · HTH
0.3
0.4
1.0
0.5
0.5
0.8
0.8
1.0
0.5
0.7
0.7
0.9
0.6
0.5
0.5
0.5
0.5
0.5
0.5
0.6
LendingTree, Inc. · TREE
—
0.3
—
—
0.0
—
0.3
11.9
—
0.4
3.6
0.7
—
0.5
—
0.5
0.6
—
0.1
0.2
Voya Financial, Inc. · VOYA
0.2
0.2
0.8
0.7
2.9
1.0
0.9
0.5
0.5
0.8
0.4
0.4
1.0
0.8
0.6
0.6
0.4
0.6
0.5
—
P/BV · reported quarter history
BRC Group Holdings, Inc. · RILY
2.3
3.7
3.0
2.5
2.5
2.2
2.1
3.3
3.0
2.2
2.8
-2.5
-0.3
-0.3
-0.2
-0.3
-0.7
-0.8
3.3
—
Freedom Holding Corp. · FRHC
6.9
7.0
6.4
4.3
4.7
5.0
5.5
5.9
5.6
4.6
3.7
4.0
4.6
6.3
6.6
7.3
8.6
5.3
6.0
—
Hilltop Holdings Inc. · HTH
1.0
1.1
1.0
0.9
0.8
1.0
0.9
1.0
0.9
1.1
1.0
1.0
1.0
0.9
0.9
0.9
1.0
0.9
1.0
1.0
LendingTree, Inc. · TREE
4.3
3.6
4.5
1.6
1.5
1.3
1.5
1.2
2.0
3.2
4.3
3.8
8.2
4.8
6.6
4.3
6.7
2.6
2.0
1.9
Voya Financial, Inc. · VOYA
0.8
0.9
1.1
1.3
1.4
1.8
1.8
2.1
2.2
1.8
1.8
1.7
1.6
1.6
1.5
1.5
1.5
1.4
1.4
—
12 · before the conclusion, check the blind spots
What can make this comparison misleading?
This Financial Conglomerates comparison names 6 specific ways its own evidence can mislead, all listed below. All 5 companies here report on comparable dates, so no rank carries a stale marker. 3 of the 7 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
- Thin comparisons: Funding base, Return on assets, Asset quality have fewer than three usable current readings.
13 · evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 5 Financial Conglomerates companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-04. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-08-04 · weekly price and relative-strength history
Derived metricsGrowth, changes and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
14 · questions investors ask, short speakable answers
Financial Conglomerates company comparison FAQs
These 23 answers restate the Financial Conglomerates comparison above in question form. Every one is computed from the same 5 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-04. Nothing here is estimated, and none of it is a recommendation.
Is the Financial Conglomerates sector outperforming S&P 500?
Financial Conglomerates has outperformed S&P 500 by 4.7% over 52 weeks and 3.4% over 13 weeks. 2 of 5 covered companies beat the S&P 500 on Mansfield relative strength, while 2 of 5 beat the sector itself.
Which Financial Conglomerates company is largest by income?
Voya Financial, Inc. leads with income of $8,251 million, based on 3 of 5 comparable companies through Mar 2026.
Which Financial Conglomerates company is growing fastest?
BRC Group Holdings, Inc. has the fastest current income growth at 78.4%, across 3 of 5 comparable companies.
Which Financial Conglomerates company has the strongest 4-Factor Sector Score?
Voya Financial, Inc. ranks first at 57.6/100 with 61.7% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Financial Conglomerates company has the largest deposit base?
Hilltop Holdings Inc. has the largest reported deposit base at $10,514 million. Bank borrowings are operating funding, not industrial leverage.
Which Financial Conglomerates company has the lowest comparable P/BV-to-ROE?
LendingTree, Inc. has the lowest comparable P/BV ÷ ROE at 0.23, among 4 of 5 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Financial Conglomerates comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Which Financial Conglomerates company is the biggest?
Voya Financial, Inc. is the largest, with trailing-twelve-month income of $8,251 million, ahead of Freedom Holding Corp. at $1,831 million. That covers 3 of 5 companies with comparable reporting through Mar 2026.
Which Financial Conglomerates company makes the most profit?
Voya Financial, Inc. earns the most, at $777 million of trailing-twelve-month net profit, from 3 of 5 comparable companies. Voya Financial, Inc. has the fastest profit growth at 28.4%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Financial Conglomerates company earns the highest return on capital?
BRC Group Holdings, Inc. leads on return on assets at 8.4%, across 2 of 5 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Financial Conglomerates stock is the cheapest?
On price-to-book divided by return on equity — where a LOWER number is cheaper — LendingTree, Inc. screens cheapest at 0.23×. Only 4 of 5 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which Financial Conglomerates lender has the largest funding base?
Hilltop Holdings Inc. has the largest reported deposit base at $10,514 million. For lenders, deposits and borrowings are operating inputs rather than leverage, so they are read against asset quality and returns instead of as debt.
Is the Financial Conglomerates sector beating the market?
Financial Conglomerates has outperformed S&P 500 by 4.7% over the last 52 weeks and 3.4% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 5 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Financial Conglomerates stock has the strongest price momentum?
Voya Financial, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Financial Conglomerates company scores highest for research priority?
Voya Financial, Inc. scores 57.6 out of 100 with 61.7% evidence confidence, from 20.6 points on growth and earnings, 13.2 on capital efficiency, 3.8 on valuation and 20 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Financial Conglomerates companies does this comparison cover, and over what period?
It compares 5 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Financial Conglomerates sector?
The 5 Financial Conglomerates companies on this page carry $22,038 million of combined market value. Freedom Holding Corp. is the largest at $9,837 million, about 45% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-04.
What is the Financial Conglomerates sector's P/B ratio?
The median price-to-book ratio across the 5 Financial Conglomerates companies on this page is 1.9×, measured on the 5 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-04.
How is the Financial Conglomerates sector performing?
2 of the 5 covered Financial Conglomerates companies are beating S&P 500 on Mansfield relative strength. The sector itself is 4.7% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-04.
How many Financial Conglomerates stocks are listed in the US?
This comparison covers 5 listed Financial Conglomerates companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.