For well-nigh 20 years now, the Motley Fool has been here to help you invest better and smarter, using spot-on analysis and a razor-sharp wit. To celebrate Worldwide Invest Better Day on September 25, we are taking some time to get back to the basics -- of investing, that is. In that spirit, I have rounded up some sweet financial sector stocks that have been showing some real sparkle and promise lately.
Without further ado, let me introduce you to the focus of this particular article: Ambitious regional M&T Bank
A strong, sturdy Northeastern bank
M&T stands for Manufacturers and Traders Bank, and is headquartered in Buffalo, New York. A series of mergers and acquisitions have made the bank what it is today, a bank with a market cap of $12 billion. This bank, like many regionals, is enjoying some investor love these days, as many become more concerned about the scandals attached to the big banks -- as well as these banks' balance sheets, since they are constantly writing checks to cover this or that settlement to pay for their latest transgressions.
The big news for M&T lately is its acquisition of Hudson City Bancshares
M&T has a very active loan department, unlike most of the biggest banks these days. Recently, Barron's took a look at the regional banks most likely to see loan growth and increased fee income. M&T, BB&T
A nice little income producer
M&T recently paid out a juicy $0.70 per share dividend, which is unchanged since 2008. The recent acquisition of Hudson City will swell M&T's branch presence by 135 locations, an issue that is still very important to customers. As the big banks watch their loan activity contract, regionals like M&T are picking up the slack, and making money doing so -- which is always good news to investors.
I'll be covering other great stocks over the next couple of weeks, as will my fellow Fools. Check out our special website set up especially for this investing extravaganza at InvestBetterDay.com. There will be lots of great articles posted there through September 25, all with a particularly informative take on various facets of investing. We'd love to have you on board, too -- so click through to the site and prepare to be informed and amused by the never-dull world of investing!
Fool contributor Amanda Alix owns no shares in the companies mentioned above. The Motley Fool owns shares of Fifth Third Bancorp. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.