Amidst turmoil in the financial sector this week and over the past year, the following is a list of Pennsylvania-based banks and financial services companies with market caps over $100M that have recorded stock price gains over the past year. The 11 compa[More...]

This is a story of four “Ws”: Wachovia Bank (WB), Washington Mutual (WM), Wells Fargo (WFC) and Wilmington Trust (WL). We have two dogs and two sweethearts, with the dogs trying to convince us that they too will eventually become sweethearts. The financial press only likes to faun over Wells Fargo, but I like Wilmington Trust better.Wilmington Trust has a long history in the wealth management business, and its real estate troubles are limited to a few troubled land and developer loans. Wilmington Trust’s volatility is much lower than the rest of the group. A smaller version of Wilmington Trust is Bryn Mawr Trust (BMTC). Both banks cater to a very wealthy clientele.The[More...]