U.S. financial stocks were not immune to the February market swoon. The SNL U.S. Insurance Index and the SNL U.S. Specialty Lender Index both fell 4.4% in February, compared to a 3.7% drop in the S&P 500. Meanwhile, the SNL U.S. Investment Company Index, SNL U.S. Bank and Thrift Index and the SNL U.S. Securities & Investments Index sank 3.2%, 2.7% and 1.7%, respectively.
The SNL U.S. Financial Technology Index also failed to stay in the green, dropping 0.7%.

Virtu Financial Inc., a broker/dealer, led major exchange-traded U.S. financial institutions in February, posting a 56.8% return for the month. The stock's price jumped 32% on Feb. 8 after the company disclosed fourth-quarter earnings, which beat estimates. It also announced a new share repurchase program.
R1 RCM Inc., a healthcare financial technology company, posted the second-highest return of the month at 27.4%. Shares soared Feb. 26 after the company announced that it would acquire Nashville, Tenn.-based Intermedix Corp. for $460 million in a deal expected to close in the second quarter. Unisys Corp., another financial technology company, came in third with a 25.8% return for the month.

Specialty lender CAI International Inc.'s 28.5% drop led the industry last month, followed by Molina Healthcare Inc. and Hannon Armstrong Sustainable Infrastructure Capital Inc., which lost 20.9% and 19%, respectively.
Click here to view a template on historical total returns. Click here to view a template that provides pricing trends and profitability ratios for financial institutions. |

