5 Most Profitable Bank Stocks To Invest In

In this article, we discuss 5 most profitable bank stocks to invest in. If you want to see more most profitable bank stocks to invest in, the risk/reward, and methodology of this list, go directly to 10 Most Profitable Bank Stocks To Invest In.

This list mentions the banks that made the most profit in the United States in 2022 according to YCharts. They are candidates for further research in terms of investments in the long term given they have substantial competitive advantages and are profitable. The stocks might not do well if economic data does not meet expectations or if the banks don’t maintain their market share or profitability as expected, however.

5. Goldman Sachs Group, Inc. (NYSE:GS)

Net Income (TTM) as of December 31, 2022: $11.26 billion

Goldman Sachs Group, Inc. (NYSE:GS) is regarded by many as the most prestigious investment bank in the world even if it isn’t one of the big four American banks. For the trailing twelve months ended December 31, 2022, Goldman Sachs Group, Inc. (NYSE:GS) had net income of $11.26 billion, ROE of 10.2%, and ROTE of 11%. Goldman Sachs Group, Inc. (NYSE:GS)’s book value per share rose 6.7% year over year to $303.55 and the company ranked #1 worldwide in announced and completed mergers and acquisitions. Although it like other stocks could decline in the near term if there is a recession or economic slowdown, Goldman Sachs Group, Inc. (NYSE:GS) has substantial normalized earnings power.