{"id":409548,"date":"2021-12-31T17:52:38","date_gmt":"2022-01-01T01:52:38","guid":{"rendered":"https:\/\/nai500.com\/blog\/2021\/12\/%e6%9e%81%e5%a5%bd%e7%9a%84%e9%87%91%e8%9e%8d%e8%82%a1%e9%83%bd%e5%9c%a8%e8%bf%99%e9%87%8c\/"},"modified":"2021-12-31T17:53:53","modified_gmt":"2022-01-01T01:53:53","slug":"%e6%a5%b5%e5%a5%bd%e7%9a%84%e9%87%91%e8%9e%8d%e8%82%a1%e9%83%bd%e5%9c%a8%e9%80%99%e8%a3%a1","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2021\/12\/%e6%a5%b5%e5%a5%bd%e7%9a%84%e9%87%91%e8%9e%8d%e8%82%a1%e9%83%bd%e5%9c%a8%e9%80%99%e8%a3%a1\/","title":{"rendered":"\u65b0\u9bae\u6392\u884c\u699c\u51fa\u7210\uff012022\u5e741\u6708\u6975\u597d\u7684\u91d1\u878d\u80a1\u90fd\u5728\u9019\u88e1"},"content":{"rendered":"

\u91d1\u878d\u696d\u7531\u70ba\u500b\u4eba\u548c\u516c\u53f8\u63d0\u4f9b\u8cb8\u6b3e\u3001\u5132\u84c4\u3001\u4fdd\u96aa\u3001\u652f\u4ed8\u670d\u52d9\u548c\u8cc7\u91d1\u7ba1\u7406\u7b49\u670d\u52d9\u7684\u516c\u53f8\u7d44\u6210\u3002\u91d1\u878d\u696d\u80a1\u7968\u5305\u62ec\u6d89\u53ca\u96f6\u552e\u548c\u5546\u696d\u9280\u884c\u3001\u6703\u8a08\u3001\u4fdd\u96aa\u3001\u8cc7\u7522\u7ba1\u7406\u3001\u4fe1\u7528\u5361\u548c\u7d93\u7d00\u7684\u5404\u7a2e\u516c\u53f8\u3002\u8a72\u884c\u696d\u7684\u77e5\u540d\u516c\u53f8\u5305\u62ec\u5bcc\u570b\u9280\u884c(WFC)\u3001\u9ad8\u76db\u96c6\u5718 (GS)\u548c\u6469\u6839\u58eb\u4e39\u5229(MS)\u3002<\/p>\n

\u4ee5\u91d1\u878d\u7cbe\u9078\u677f\u584aSPDR ETF\uff08XLF\uff09\u70ba\u4ee3\u8868\u7684\u91d1\u878d\u80a1\u8868\u73fe\u512a\u65bc\u5927\u76e4\uff0c\u904e\u53bb12\u500b\u6708\u7684\u7e3d\u56de\u5831\u7387\u70ba46.9%\uff0c\u800ciShares Russell 1000 ETF\uff08IWB\uff09\u7684\u7e3d\u56de\u5831\u7387\u70ba33.5%\u3002<\/p>\n

\u4ee5\u4e0b\u662f\u5177\u6709\u6700\u4f73\u50f9\u503c\u3001\u589e\u9577\u6700\u5feb\u3001\u52e2\u982d\u6700\u5f37\u7684\u4e09\u5927\u91d1\u878d\u80a1\u3002<\/p>\n

\u6700\u4f73\u50f9\u503c\u91d1\u878d\u80a1\u7968<\/strong><\/p>\n

\u4ee5\u4e0b\u662f12\u500b\u6708\u8ffd\u8e64\u5e02\u76c8\u7387\uff08P\/E\uff09\u6700\u4f4e\u7684\u91d1\u878d\u80a1\u7968\u3002\u56e0\u70ba\u5229\u6f64\u53ef\u4ee5\u901a\u904e\u5206\u7d05\u548c\u56de\u8cfc\u7684\u5f62\u5f0f\u8fd4\u9084\u7d66\u80a1\u6771\uff0c\u4f4e\u5e02\u76c8\u7387\u8868\u660e\u6295\u8cc7\u8005\u70ba\u6bcf\u4e00\u7f8e\u5143\u7684\u5229\u6f64\u6240\u652f\u4ed8\u7684\u6210\u672c\u8f03\u5c11\u3002<\/p>\n\n\n\n\n\n\n\n\n
\u6700\u4f73\u50f9\u503c\u91d1\u878d\u80a1\u7968<\/strong><\/td>\n<\/tr>\n<\/thead>\n
 <\/td>\n\u80a1\u50f9\uff08$\uff09<\/td>\n\u00a0\u5e02\u503c\uff08$10\u5104\uff09<\/td>\n\u00a0\u904e\u53bb12\u500b\u6708\u5e02\u76c8\u7387<\/td>\n<\/tr>\n
UWM Holdings Corp. (UWMC<\/u><\/a>)<\/td>\n5.95<\/td>\n0.6<\/td>\n0.4<\/td>\n<\/tr>\n
Santander Consumer USA Holdings Inc. (SC<\/u><\/a>)<\/td>\n41.99<\/td>\n12.9<\/td>\n4.2<\/td>\n<\/tr>\n
Voya Financial Inc. (VOYA<\/u><\/a>)<\/td>\n69.36<\/td>\n7.7<\/td>\n4.5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u4f86\u6e90\uff1aYCharts<\/p>\n

UWM Holdings Corp.<\/strong>\uff1a<\/strong>\u662f\u4e00\u5bb6\u63a7\u80a1\u516c\u53f8\uff0c\u901a\u904e\u5b50\u516c\u53f8\u5f9e\u4e8b\u4f4f\u5b85\u62b5\u62bc\u8cb8\u6b3e\u7684\u767c\u8d77\u3001\u92b7\u552e\u548c\u670d\u52d9\u3002\u8a72\u516c\u53f8\u5831\u544a\u7a31\uff0c2021\u5e74\u7b2c\u4e09\u8ca1\u5b63\u7684\u6de8\u6536\u5165\u540c\u6bd4\u5927\u5e45\u4e0b\u964d\uff0c\u90e8\u5206\u539f\u56e0\u662f\u62b5\u62bc\u8cb8\u6b3e\u670d\u52d9\u6b0a\uff08MSRs\uff09\u7684\u516c\u5141\u50f9\u503c\u5927\u5e45\u4e0b\u964d\u3002\u8207\u6b64\u540c\u6642\uff0c\u8cb8\u6b3e\u767c\u653e\u91cf\u589e\u9577\u4e8616%\uff0c\u5275\u4e0b\u516c\u53f8\u8a18\u9304\u3002<\/p>\n

Santander Consumer USA Holdings Inc.<\/strong>\uff1a<\/strong>\u662f\u4e00\u5bb6\u63a7\u80a1\u516c\u53f8\uff0c\u901a\u904e\u5b50\u516c\u53f8\u70ba\u65b0\u8eca\u548c\u4e8c\u624b\u8eca\u63d0\u4f9b\u878d\u8cc7\u3001\u6c7d\u8eca\u518d\u878d\u8cc7\u548c\u5176\u4ed6\u670d\u52d9\u300211\u670819\u65e5\uff0c\u8a72\u516c\u53f8\u5ba3\u4f48\u5411\u622a\u81f311\u670829\u65e5\u5728\u518a\u7684\u80a1\u6771\u767c\u653e\u6bcf\u8ca1\u5b63$0.22\u7684\u73fe\u91d1\u80a1\u606f\u3002<\/p>\n

Voya Financial Inc.<\/strong>\uff1a<\/strong>\u63d0\u4f9b\u6295\u8cc7\u3001\u4fdd\u96aa\u548c\u9000\u4f11\u898f\u5283\u670d\u52d9\u3002<\/p>\n

\u589e\u9577\u6700\u5feb\u7684\u91d1\u878d\u80a1\u7968<\/strong><\/p>\n

\u9019\u4e9b\u662f\u7531\u4e00\u500b\u589e\u9577\u6a21\u578b\u6392\u540d\u7684\u9802\u7d1a\u91d1\u878d\u80a1\u7968\uff0c\u8a72\u6a21\u578b\u6839\u64da\u516c\u53f8\u6700\u8fd1\u4e00\u500b\u5b63\u5ea6\u7684\u767e\u5206\u6bd4\u6536\u5165\u540c\u6bd4\u589e\u9577\u548c\u6700\u8fd1\u4e00\u500b\u5b63\u5ea6\u7684\u5e74\u540c\u6bd4\u6bcf\u80a1\u6536\u76ca\uff08EPS\uff09\u589e\u9577\uff0c\u4ee550\/50\u7684\u6b0a\u91cd\u9032\u884c\u8a55\u5206\u3002\u92b7\u552e\u548c\u76c8\u5229\u90fd\u662f\u516c\u53f8\u6210\u529f\u7684\u95dc\u9375\u56e0\u7d20\u3002\u56e0\u6b64\uff0c\u53ea\u7528\u4e00\u500b\u589e\u9577\u6307\u6a19\u5c0d\u516c\u53f8\u9032\u884c\u6392\u540d\uff0c\u4f7f\u6392\u540d\u5bb9\u6613\u53d7\u5230\u8a72\u5b63\u5ea6\u7684\u6703\u8a08\u7570\u5e38\u60c5\u6cc1\uff08\u5982\u7a05\u6cd5\u7684\u8b8a\u5316\u6216\u91cd\u7d44\u6210\u672c\uff09\u7684\u5f71\u97ff\uff0c\u53ef\u80fd\u4f7f\u4e00\u500b\u6216\u53e6\u4e00\u500b\u6578\u5b57\u4e0d\u80fd\u4ee3\u8868\u4f01\u696d\u7684\u7e3d\u9ad4\u60c5\u6cc1\u3002\u5b63\u5ea6EPS\u6216\u6536\u5165\u589e\u9577\u8d85\u904e2500%\u7684\u516c\u53f8\u88ab\u4f5c\u70ba\u7570\u5e38\u503c\u6392\u9664\u5728\u5916\u3002<\/p>\n\n\n\n\n\n\n\n\n
\u589e\u9577\u6700\u5feb\u7684\u91d1\u878d\u80a1\u7968<\/strong><\/td>\n<\/tr>\n<\/thead>\n
 <\/td>\n\u80a1\u50f9($)<\/td>\n\u5e02\u503c($10\u5104)<\/td>\n\u00a0\u6bcf\u80a1\u6536\u76ca\u589e\u9577(%)<\/td>\n\u00a0\u6536\u5165\u589e\u9577(%)<\/td>\n<\/tr>\n
Upstart Holdings Inc. (UPST<\/u>)<\/td>\n232.02<\/td>\n19.0<\/td>\n200.0<\/td>\n262.5<\/td>\n<\/tr>\n
Franklin Resources Inc. (BEN<\/u>)<\/td>\n35.00<\/td>\n17.6<\/td>\n766.7<\/td>\n27.9<\/td>\n<\/tr>\n
Athene Holding Ltd. (ATH<\/u>)<\/td>\n85.87<\/td>\n16.5<\/td>\n11.1<\/td>\n173.5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u4f86\u6e90\uff1aYCharts<\/p>\n

Upstart Holdings Inc<\/strong>\uff1a<\/strong>\u662f\u4e00\u5bb6\u63a7\u80a1\u516c\u53f8\uff0c\u5b50\u516c\u53f8\u63d0\u4f9b\u57fa\u65bc\u96f2\u8a08\u7b97\u7684\u4eba\u5de5\u667a\u80fd\u8cb8\u6b3e\u5e73\u81fa\u3002\u8a72\u5e73\u81fa\u9084\u5e6b\u52a9\u9280\u884c\u5408\u4f5c\u5925\u4f34\u964d\u4f4e\u8cb8\u6b3e\u98a8\u96aa\u3002\u622a\u81f39\u670830\u65e5\u76842021\u5e74\u7b2c\u4e09\u8ca1\u5b63\uff0c\u6b78\u5c6c\u4e8e\u666e\u901a\u80a1\u80a1\u6771\u7684\u6de8\u6536\u5165\u548c\u7e3d\u6536\u5165\u90fd\u540c\u6bd4\u589e\u9577\u4e86\u5169\u500d\u591a\u3002<\/p>\n

Franklin Resources Inc.\uff1a\u5411\u5171\u540c\u57fa\u91d1\u3001\u9000\u4f11\u548c\u6a5f\u69cb\u6295\u8cc7\u8005\u63d0\u4f9b\u6295\u8cc7\u8aee\u8a62\u670d\u52d9\u3002\u8a72\u516c\u53f8\u7ba1\u7406\u8457\u5ee3\u6cdb\u7684\u8cc7\u7522\u985e\u5225\uff0c\u5305\u62ec\u5168\u7403\u80a1\u7968\u3001\u5e02\u653f\u56fa\u5b9a\u6536\u5165\u3001\u5c0d\u6c96\u57fa\u91d1\u548c\u53e6\u985e\u6295\u8cc7\u3002<\/p>\n

Athene Holding Ltd.<\/strong>\uff1a<\/strong>\u662f\u4e00\u5bb6\u4fdd\u96aa\u63a7\u80a1\u516c\u53f8\uff0c\u901a\u904e\u5b50\u516c\u53f8\u767c\u884c\u3001\u518d\u4fdd\u96aa\u548c\u6536\u8cfc\u9000\u4f11\u5132\u84c4\u7522\u54c1\u3002\u8a72\u516c\u53f8\u70ba\u4e16\u754c\u5404\u5730\u7684\u5ba2\u6236\u63d0\u4f9b\u670d\u52d9\u3002\u8a72\u516c\u53f8\u572811\u67083\u65e5\u5831\u544a\u4e86\u622a\u81f39\u670830\u65e5\u76842021\u5e74\u7b2c\u4e09\u8ca1\u5b63\u7684\u8ca1\u52d9\u696d\u7e3e\u3002\u6de8\u6536\u5165\u589e\u9577\u4e8612.4%.\u7e3d\u6536\u5165\u589e\u9577\u4e86167%\u3002<\/p>\n

\u52e2\u982d\u6700\u5f37\u7684\u91d1\u878d\u80a1<\/strong><\/p>\n

\u4ee5\u4e0b\u662f\u5728\u904e\u53bb12\u500b\u6708\u4e2d\u7e3d\u56de\u5831\u7387\u6700\u9ad8\u7684\u91d1\u878d\u80a1\u7968\u3002<\/p>\n\n\n\n\n\n\n\n\n\n\n
\u52e2\u982d\u6700\u5f37\u7684\u91d1\u878d\u80a1\u7968<\/strong><\/td>\n<\/tr>\n<\/thead>\n
 <\/td>\n\u80a1\u50f9($)<\/td>\n\u00a0\u5e02\u503c($10\u5104)<\/td>\n\u00a0\u904e\u53bb12\u500b\u6708\u7e3d\u56de\u5831\u7387(%)<\/td>\n<\/tr>\n
Signature Bank (SBNY<\/u>)<\/td>\n323.42<\/td>\n19.6<\/td>\n197.2<\/td>\n<\/tr>\n
Blackstone Inc. (BX<\/u>)<\/td>\n145.08<\/td>\n103.7<\/td>\n160.9<\/td>\n<\/tr>\n
\u897f\u90e8\u806f\u76df\u9280\u884c(WAL<\/u>)<\/td>\n117.07<\/td>\n12.2<\/td>\n117.7<\/td>\n<\/tr>\n
iShares Russell 1000 ETF (IWB)<\/td>\n\u4e0d\u9069\u7528<\/td>\n\u4e0d\u9069\u7528<\/td>\n33.5<\/td>\n<\/tr>\n
\u91d1\u878d\u7cbe\u9078\u884c\u696dFinancial Select Sector SPDR ETF (XLF)<\/td>\n\u4e0d\u9069\u7528<\/td>\n\u4e0d\u9069\u7528<\/td>\n46.9<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u4f86\u6e90\uff1aYCharts<\/p>\n

Signature Bank<\/strong>\uff1a<\/strong>\u662f\u4e00\u5bb6\u63d0\u4f9b\u5168\u9762\u670d\u52d9\u7684\u5546\u696d\u9280\u884c\u3002\u8a72\u516c\u53f8\u63d0\u4f9b\u6295\u8cc7\u3001\u7d93\u7d00\u3001\u8cc7\u7522\u7ba1\u7406\u548c\u4fdd\u96aa\u7522\u54c1\uff0c\u4ee5\u53ca\u5404\u7a2e\u5546\u696d\u8cb8\u6b3e\u670d\u52d9\u548c\u5176\u4ed6\u7279\u6b8a\u878d\u8cc7\u8cb8\u6b3e\u89e3\u6c7a\u65b9\u6848\u3002<\/p>\n

Blackstone Inc.<\/strong>\uff1a<\/strong>\u662f\u4e00\u5bb6\u5168\u7403\u6295\u8cc7\u516c\u53f8\uff0c\u63d0\u4f9b\u4e00\u7cfb\u5217\u6295\u8cc7\u5de5\u5177\uff0c\u5c08\u6ce8\u65bc\u79c1\u52df\u80a1\u6b0a\u6295\u8cc7\u3001\u623f\u5730\u7522\u3001\u516c\u5171\u50b5\u52d9\u548c\u80a1\u6b0a\u3001\u6210\u9577\u80a1\u6b0a\u3001\u975e\u6295\u8cc7\u7d1a\u4fe1\u8cb8\u3001\u5be6\u7269\u8cc7\u7522\u548c\u5176\u4ed6\u985e\u578b\u7684\u8cc7\u7522\u300211\u670818\u65e5\uff0cBlackstone Inc.\u7ba1\u7406\u7684\u57fa\u91d1\u5df2\u7d93\u5b8c\u6210\u4e86\u5c0dSPANX\u7684\u591a\u6578\u6295\u8cc7\u3002<\/p>\n

\u897f\u90e8\u806f\u76df\u9280\u884c\uff1a<\/strong>Western Alliance Bancorp\u662f\u4e00\u5bb6\u9280\u884c\u63a7\u80a1\u516c\u53f8\u3002\u8a72\u516c\u53f8\u901a\u904e\u5b50\u516c\u53f8\u63d0\u4f9b\u5404\u7a2e\u5b58\u6b3e\u3001\u8cb8\u6b3e\u3001\u8cc7\u91d1\u7ba1\u7406\u3001\u570b\u969b\u9280\u884c\u548c\u5176\u4ed6\u9280\u884c\u670d\u52d9\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u91d1\u878d\u696d\u7531\u70ba\u500b\u4eba\u548c\u516c\u53f8\u63d0\u4f9b\u8cb8\u6b3e\u3001\u5132\u84c4\u3001\u4fdd\u96aa\u3001\u652f\u4ed8\u670d\u52d9\u548c\u8cc7\u91d1\u7ba1\u7406\u7b49\u670d\u52d9\u7684\u516c\u53f8\u7d44\u6210\u3002\u91d1\u878d\u696d\u80a1\u7968\u5305\u62ec\u6d89\u53ca\u96f6\u552e\u548c\u5546\u696d\u9280\u884c […]<\/p>\n","protected":false},"author":9,"featured_media":409545,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[426],"tags":[1677,574,641],"class_list":["post-409548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hant","tag-technology-zh-hant","tag-574","tag--zh-hant","sectors-financial-products-zh-hant","sectors-technology-zh-hant","locations-us-zh-hant","exchange-nasdaq-zh-hant","exchange-nyse-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/409548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=409548"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/409548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/409545"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=409548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=409548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=409548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}