Banks are one of the best places to invest your money in, as they are not as affected by the ups and downs of the economy when compared to other businesses. In fact, logically speaking, right after a slump is when banks are of the highest value as they would earn from interests earned of loan payments. Banks are also quite generic when it comes to their services and strategies, so you can pretty much determine how all other banks perform by only studying the trends for one specific bank.

Still not all banks perform at the same rate with each other. With that, here are some of the best bank stocks of 2019 based on their past performances.

Morgan Stanley

Morgan Stanley is one of the major banks on Wall Street that is seen to be on the rise this 2019. It provides multiple services that are doing quite well such as debt underwriting, wealth management advice, and acquisitions services. It has also shown improvements in revenue at the latter part of the previous year and its current low prices are something that can be taken advantage of.

JPMorgan Chase & Co.

JPMorgan Chase is one of the largest banks in the United States and is one of the banks who have thrived despite the most recent financial crisis. It boasts 2.5 trillion US dollars in assets and is partnered with Berkshire Hathaway, which makes us foresee a bright future for this bank in 2019. Add to that its high dividends as well as the leadership of CEO Jamie Dimon and you’ve got one of the best banks that you can invest in.

Citizens Financial Group

Potential investors must take advantage of the low valuations currently being offered by CFG. Trading is currently at 10 times earnings with a P/E ratio of 0.6, this holding company that owns, among other assets, Citizens Bank guarantees dividends of at least 3.4%, making this one of the best bank stocks of 2019 as there’s no way to go but up for the 15 billion US dollar bank.

English: Bank of Cyprus huge offices in Aglandjia suberb of Nicosia Republic of Cyprus (Photo credit: Wikipedia)

The S&P 500 Is The Likely Winner Of The Crisis In Cyprus

Some investors know that there is a certain potential element of opportunity lurking in almost every dark cloud. In the case of the recent restructuring of the Cypriot banking sector, this is most certainly the case. As the Cyprus banks reopen and money gradually trickles past the currency controls imposed to prevent capital flight, funds have to find a home somewhere else. Even if it takes months to gradually extract one's deposits, it is going to happen.

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Big Bank Earnings: The Week Ahead Could Be Make Or Break

With five of six of the largest banks in the nation scheduled to report earning results for the fourth quarter, for the financial sector it is a make or break week. On Wednesday morning Goldman Sachs (GS) and JP Morgan (JPM) report. On Thursday it will be Bank of America (BAC) and Citigroup (C) while Friday it is Morgan Stanley (MS).

There have been strong gains for bank stocks ahead of these critical earnings reports. The Financial SPDR ETF (XLF) which carefully follows more than 80 diversified financials has shown a gain of over 4% since the beginning of the year and from one year ago 23%.

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This is a question that is weighing on most business owner's minds these days, especially since the banking crisis and the bailout debacle of late. Many of the big banks, that we were so certain were too large to have anything to worry about, failed. The small banks were almost expected to fail.  But that only makes one wonder if the business account is safe anywhere. The truth is it isn't.