TopGun^® Press

Brendan Wood International Investor Conviction Intel – Financials – December 2nd

December 2nd, 2024 by TopGun Press

Below are some of the most topical Financial Stocks on the BWI Shareholder Confidence Index based on our daily chats with global investors. If you would like more detailed shareholder conviction intelligence on Global Financial companies, please contact Gordon Peck or Matthew Lapointe.

Changes in Investor Confidence Scores – FIG Sector

(YE 4Q 2024 as of December 1st vs. YE 3Q 2024)

Legend:

Increase: Higher Quality Metric Score Compared to Result from 3Q 2024

Static: Unchanged Quality Metric Score Compared to Result from 3Q 2024

Decrease: Lower Quality Metric Score Compared to Result from 3Q 2024

Morgan Stanley

Increase: CFO

Static: Board of Directors, Transparency/Disclosure, Long Term Growth

Decrease: Commitment to Own the Stock in the Year Ahead, Strategy, Senior Management, Balance Sheet, Short Term Growth, Momentum of Investor Confidence, Price Appreciation Potential

“Morgan Stanley’s CEO, Ted Pick has a tough act to follow. I believe that the guidance provided since he took over has not been the best. The company is currently dealing with issues in the wealth management business, and his communication style is more abrasive and less confidence-inspiring
than that of the former CEO, James Gorman.”

“Morgan Stanley is a great company with a solid strategy. However, some investors assume there will be a significant rebound in capital market activity. I’m a bit more cautious about how much capital market activity there will be.”

Direct Line Insurance Group PLC

Increase: Board of Directors, Senior Management, Long Term Growth, Short Term Growth, Momentum of Investor Confidence

Static: Commitment to Own the Stock in the Year Ahead, Strategy, Balance Sheet,

Decrease: Transparency/Disclosure, CEO, CFO, Price Appreciation Potential

“If Direct Line can execute on the turnaround, it could be a great name.”

“Direct Line’s strategy is good, they just have real execution problems. They’ve made some mistakes, but they’re very transparent about their mistakes.”

Bank of Montreal

Increase: N/A

Static: Commitment to Own the Stock in the Year Ahead, Long Term Growth

Decrease: Strategy, CEO, Transparency/Disclosure, CEO, CFO, Board of Directors, Senior Management, CFO, Balance Sheet, Short Term Growth, Momentum of Investor Confidence, Price Appreciation Potential

“There could be holes in the Bank of Montreal’s balance sheet that are not fixable, but we don’t know how much more cleaning up needs to be done.”

“The mistakes that BMO has made can’t rest just on the shoulders of two people. My confidence in the management team more broadly is decreasing.”

About Brendan Wood International:

Brendan Wood International (BWI), formed in 1970, is a private advisory group which originates performance investigation programs in the capital markets. Relying on its real time intelligence, BWI advises public companies, institutional and activist investors, investment banks and broker dealers on strategy, performance and recruitment of TopGun talent. Big cap companies looking for comprehensive investor confidence data on their organizations are likely to discover that Brendan Wood partners consult with their investors non stop year round. There are 2000+ live consultations with investment professionals overseeing +/- $60 trillion invested in the +/- 1400 big cap companies on the BWI Index. Investors depend on BWI to quantify the demand side of the investment industry, including the name by name research sales and trading professionals who influence investor demand. The firm’s partners have formally presented at 1000+ C level strategy meetings and corporate off-sites in fifty cities. Brendan Wood founded the exclusive TopGun Club, a performance based institution.

Disclaimer:

We wish to emphasize that all reports, evaluations and assessments contained herein, represent Brendan Wood International’s subjective judgment and opinions, based on our years of experience and on information obtained by us in the course of our research. Much of the factual information contained in the reports has been obtained by us from third parties on whose responses we have relied in good faith, independent verification by Brendan Wood International being, under the circumstances, impossible. While we believe that you will find our reports to be an invaluable tool in formulating your own strategies and judgments, the foregoing should be borne in mind. This report is not meant as investment advice and should not be interpreted as advising on the value of a company’s securities, the advisability of investing in, purchasing or selling any company’s securities or any other conclusion relating to investment/divestiture of a company’s securities. Finally, this report is not intended as an offer or solicitation for the purchase or sale of any company’s securities.