It's a great time to be in the business of banking. Just
ask JP Morgan's Jamie Dimon or Goldman's Lloyd Blankfein.
Blankfein will make over $26 million this year alone. After JP
Morgan lost $6 billion last year, the bank's board members voted
to cut his pay in half - to "only" $11 million…
Last quarter, the American banking industry set a new all time
profit record. U.S. banks turned a quarterly profit of $42
billion - a 23% increase from the previous year.
It's the bigbest banks that are profiting the most - much like
CEO compensation. Banks with more than $10 billion in assets
generated 82% of the banking sector profits. Those profits have
sent bank shares considerably higher, and made them one of the
best performing sectors of the stock market.
Look no further than the performance of the
Financial Select Sector (
ETF. The fund has $15 billion invested in the biggest bank
stocks. And like most bank stocks, the ETF has handsomely beaten
the S&P 500 with gains of 29% over the last year.
While big banks are making huge profits, they're not exactly
being generous with their shareholders. The ETF that I
mentioned pays a dividend yield of just 1.6%.
Even after making huge profits, big banks are holding onto
their profits rather than returning cash to shareholders.
Bank of America (NYSE: BOA)
currently pay paltry quarterly dividends of just $0.01. Prior to
the housing bust and credit crisis, quarterly dividends were
$0.64 at Bank of America and $0.54 at Citigroup.
While capital gains have been great for stocks in the
financial sector, healthy dividends are sorely lacking.
That's why I've been looking outside of the "traditional"
financial sector for unique income opportunities…
Through my research, I've discovered a way for you to claim
your slice of the big bank profits. This is a new opportunity
that was first introduced just seven years ago. And there is an
opportunity for you to get in on the ground floor of this unique
The two biggest players in this sector have about $2 billion
in loans on the books. Compare this with
in loans from America's five largest banks, and it's clear that
this new lending industry is in its infancy.
Perhaps the best news is that this unique opportunity allows
individuals like you and me to claim our share of the big bank
profits. That's because this unique opportunity delivers amazing
annual yields of 6 - 12% per year.
I want to send you all the details on this
income investment opportunity. My special report titled
The Bankers Secret
provides all of the details, and shows you just how easy it is to
profit from the banking boom and earn a healthy income along the
Just click here to learn more about this
You won't want to miss out.