New York Financial Company Stock Market Prices Up 321% Since March 6, 2009

Since on this Friday, August 29, 2014, there are two key Democratic National Committee Fundraisers in New Rochelle, NY and in Purchase, NY that President Barack Obama will be attending, I think it would be helpful to research first how New York Headquartered Non-Financial Companies and then a bit later how New York Headquartered Financial Companies have done on the stock market price front during the Obama Administration.

I found 95 Financial Companies Headquartered in New York in Google or Yahoo's superb Finance websites with current Total Stock Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates:

• On December 31, 2007 during President Bush's second term.....before the 2008 financial meltdown
• On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
• also on the most recent date August 27, 2014

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 95 New York Financial Companies had their equally-company-weighted average stock market prices decline by a massive 62% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the five years and six months since March 6, 2009 through August 27, 2014, the equally-company-weighted average stock market prices of these same 95 New York Financial Companies have increased by a very impressive 321%.
 
Below here are the stock market prices of each of these 95 New York Financial Companies on August 27, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:

						Market	Market	Market
						Price	Price	Price
						%	%	%
						Change	Change	Change
			Market	Market	Market	3-6-09	12-31-07	12-31-07
			Price	Price	Price	to	to	to
New York Company	HQs		8-27-14	3-6-09	12-31-07	8-27-14	3-6-09	8-27-14
			$s	$s	$s
						OBAMA
Financial Company
JW Mays	Brooklyn	NY	62.99	4.20	22.15	1400%	-81%	184%
iStar	New York	NY	15.15	1.09	26.05	1290%	-96%	-42%
Newcastle Investment Corp	New York	NY	13.42	0.99	38.88	1256%	-97%	-65%
NorthStar Realty Finance	New York	NY	18.68	1.39	8.92	1244%	-84%	109%
SL Green Realty	New York	NY	109.60	8.69	93.46	1161%	-91%	17%
Gramercy Property Trust	New York	NY	6.13	0.51	24.31	1102%	-98%	-75%
XL Group	New York	NY	34.16	2.95	50.31	1058%	-94%	-32%
Arbor Realty Trust	Uniondale	NY	6.98	0.65	16.11	974%	-96%	-57%
One Liberty Properties	Great Neck	NY	21.50	2.39	16.16	799%	-85%	33%
American Express	New York	NY	89.24	10.26	52.02	770%	-80%	72%
MarketAxess Holdings	New York	NY	59.31	7.05	12.83	741%	-45%	362%
American Intl Group	New York	NY	56.16	7.00	1,166.00	702%	-99%	-95%
CIFC Corp	New York	NY	9.94	1.24	8.00	701%	-85%	24%
AmTrust Financial Services	New York	NY	44.25	5.88	11.38	653%	-48%	289%
Fortress Investment Group	New York	NY	7.45	1.08	15.58	590%	-93%	-52%
Assured Guaranty Ltd	New York	NY	24.11	3.65	26.54	561%	-86%	-9%
Financial Institutions	Warsaw	NY	23.87	3.95	17.82	504%	-78%	34%
KCAP Financial Inc	New York	NY	8.18	1.39	12.00	488%	-88%	-32%
Moody's	New York	NY	92.88	16.04	35.70	479%	-55%	160%
Signature Bank	New York	NY	118.60	20.57	33.75	477%	-39%	251%
Pzena Investment Management	New York	NY	10.13	1.79	11.40	466%	-84%	-11%
The Blackstone Group LP	New York	NY	33.05	5.93	22.13	457%	-73%	49%
Lexington Realty Trust	New York	NY	10.84	1.99	12.88	444%	-85%	-16%
MasterCard	Purchase	NY	76.64	14.24	21.52	438%	-34%	256%
Icahn Enterprises LP	New York	NY	113.44	21.97	129.72	416%	-83%	-13%
Cohen & Steers	New York	NY	43.29	8.51	29.97	409%	-72%	44%
Citigroup	New York	NY	51.86	10.30	294.40	403%	-97%	-82%
Evercore Partners Inc	New York	NY	50.59	10.71	21.55	372%	-50%	135%
McGraw Hill Financial	New York	NY	80.59	17.64	43.81	357%	-60%	84%
BGC Partners	New York	NY	7.58	1.66	11.30	357%	-85%	-33%
Sovran Self Storage	Williamsville	NY	77.69	17.10	40.10	354%	-57%	94%
MetLife	New York	NY	54.73	12.22	61.62	348%	-80%	-11%
MBIA Inc	Armonk	NY	10.44	2.53	18.63	313%	-86%	-44%
Flushing Financial	Lake Success	NY	19.18	4.72	16.05	306%	-71%	20%
M&T Bank	Buffalo	NY	123.78	31.85	81.57	289%	-61%	52%
Assurant	New York	NY	66.53	17.19	66.90	287%	-74%	-1%
WP Carey	New York	NY	68.32	18.02	33.20	279%	-46%	106%
JPMorgan Chase	New York	NY	59.59	15.93	43.65	274%	-64%	37%
E*TRADE Financial	New York	NY	22.28	6.10	35.50	265%	-83%	-37%
BlackRock	New York	NY	333.55	92.40	216.80	261%	-57%	54%
Vornado Realty Trust	New York	NY	105.36	29.31	87.95	259%	-67%	20%
New York Mortgage Trust	New York	NY	7.98	2.22	8.60	259%	-74%	-7%
Arch Capital Group	New York	NY	55.67	15.93	23.45	249%	-32%	137%
BlackRock Kelso Capital	New York	NY	9.22	2.72	15.28	239%	-82%	-40%
Kimco Realty	New Hyde Park	NY	23.28	7.01	36.40	232%	-81%	-36%
Oppenheimer Holdings	New York	NY	23.65	7.13	42.35	232%	-83%	-44%
Acadia Realty Trust	White Plains	NY	28.83	8.90	25.61	224%	-65%	13%
Mesabi Trust	New York	NY	19.26	5.97	20.72	223%	-71%	-7%
Apollo Investment Corp	New York	NY	8.69	2.71	17.05	221%	-84%	-49%
GAMCO Investors	Rye	NY	78.43	26.62	69.20	195%	-62%	13%
Blackstone Mortgage Trust	New York	NY	28.99	10.10	306.50	187%	-97%	-91%
Marsh & McLennan	New York	NY	52.60	18.33	26.47	187%	-31%	99%
BRT Realty Trust	Great Neck	NY	7.22	2.59	12.64	179%	-80%	-43%
Travelers	New York	NY	94.76	34.44	53.80	175%	-36%	76%
Broadridge Financial Solutions	Lake Success	NY	41.95	16.03	22.43	162%	-29%	87%
Medallion Financial	New York	NY	11.92	4.57	10.02	161%	-54%	19%
Resource Capital Corp	New York	NY	5.39	2.07	9.31	160%	-78%	-42%
Community Bank System	DeWitt	NY	35.66	13.93	19.87	156%	-30%	79%
AllianceBernstein Holding LP	New York	NY	27.25	10.75	75.25	153%	-86%	-64%
INTL FCStone	New York	NY	19.29	7.63	26.99	153%	-72%	-29%
Home Properties	Rochester	NY	64.07	25.36	44.85	153%	-43%	43%
Lazard Ltd	New York	NY	53.64	21.34	40.68	151%	-48%	32%
Greene County Bancorp	Catskill	NY	26.00	10.43	12.05	149%	-13%	116%
Loews	New York	NY	43.59	18.13	50.34	140%	-64%	-13%
Goldman Sachs	New York	NY	177.81	75.65	215.05	135%	-65%	-17%
Nasdaq OMX Group	New York	NY	43.72	19.29	49.49	127%	-61%	-12%
Central Securities Corp	New York	NY	23.78	10.52	26.84	126%	-61%	-11%
Och-Ziff Capital Management	New York	NY	12.48	5.56	26.28	124%	-79%	-53%
Berkshire Bancorp	New York	NY	8.15	3.76	16.01	117%	-77%	-49%
Bank New York Mellon	New York	NY	39.17	18.25	48.76	115%	-63%	-20%
Astoria Financial	Lake Success	NY	13.16	6.20	23.27	112%	-73%	-43%
Dime Community Bancshares	Brooklyn	NY	15.47	7.43	12.77	108%	-42%	21%
New York Community Bancorp	Westbury	NY	15.99	7.99	17.58	100%	-55%	-9%
Morgan Stanley	New York	NY	34.13	17.18	53.11	99%	-68%	-36%
Cedar Realty Trust	Port Washington	NY	6.42	3.32	10.23	93%	-68%	-37%
The First of Long Island	Glen Head	NY	35.37	19.90	18.55	78%	7%	91%
Chemung Financial	Elmira	NY	28.41	16.00	28.05	78%	-43%	1%
Alleghany	New York	NY	430.86	253.63	402.00	70%	-37%	7%
Sterling Bancorp	Montebello	NY	12.74	7.73	12.92	65%	-40%	-1%
MFA Financial	New York	NY	8.38	5.32	9.25	58%	-42%	-9%
Prospect Capital	New York	NY	10.33	6.58	13.05	57%	-50%	-21%
Tompkins Financial	Ithaca	NY	45.71	29.55	35.27	55%	-16%	30%
NBT Bancorp	Norwich	NY	24.07	16.04	22.82	50%	-30%	5%
Arrow Financial	Glen Falls	NY	26.73	18.11	18.90	48%	-4%	41%
TrustCo Bank	Glenville	NY	6.97	4.93	9.92	41%	-50%	-30%
Bridge Bancorp	Bridgehampton	NY	24.73	18.45	24.30	34%	-24%	2%
Chimera Investment Corp	New York	NY	3.30	2.50	17.88	32%	-86%	-82%
Getty Realty	Jericho	NY	18.82	14.30	26.68	32%	-46%	-29%
Cowen Group	New York	NY	4.04	3.74	9.51	8%	-61%	-58%
Investment Technology Group	New York	NY	17.18	17.60	47.59	-2%	-63%	-64%
Suffolk Bancorp	Riverhead	NY	20.51	21.41	30.71	-4%	-30%	-33%
Annaly Capital Management	New York	NY	11.89	12.88	18.18	-8%	-29%	-35%
First Niagara Financial	Buffalo	NY	8.67	9.87	12.04	-12%	-18%	-28%
Greenhill & Co	New York	NY	49.56	57.47	66.48	-14%	-14%	-25%
Value Line	New York	NY	16.05	26.92	40.72	-40%	-34%	-61%
Average % Change all 95 New York Financial Companies						321%	-62%	15%

In addition to the above New York Financial Companies, from IPO Scoop, below here are the 10 New York Financial Companies filing IPOs since the beginning of 2009 which have experienced at least 10% stock market price appreciation from their Initial Offering Prices through August 27, 2014:

								%
								Market
								Price
						8-27-14		Change
						Stock	Initial	From
IPO		City	State			Market	Offering	Offering
Date	New York Company IPO	HQs	HQs	Sector	Industry	Price	Price	Price
						$	$
								OBAMA
	Financial Company
5/2/13	Voya Financial	New York	NY	Financial	Asset Management	39.17	19.50	101%
2/9/12	FX Alliance	New York	NY	Financial	Services Foreign Exchange Trading	22.05	12.00	84%
11/18/11	Manning & Napier	Fairport	NY	Financial	Asset Management	18.17	12.00	51%
6/27/13	Silvercrest Asset Management Group	New York	NY	Financial	Asset Management	16.38	11.00	49%
3/28/14	Moelis	New York	NY	Financial	Asset Management	35.06	25.00	40%
3/30/11	Apollo Global Management	New York	NY	Financial	Diversified Investments	24.36	19.00	28%
10/2/13	Empire State Realty Trust	New York	NY	Financial	REIT-Diversified	16.44	13.00	26%
3/21/14	CBS Outdoor Americas	New York	NY	Financial	REIT	34.01	28.00	21%
10/30/13	Brixmor Property Group	New York	NY	Financial	REIT-Retail	23.66	20.00	18%
2/6/14	Ladder Capital	New York	NY	Financial	Commercial Real Estate	18.71	17.00	10%

On the employment front, from the US Bureau of Labor Statistics, the seasonally adjusted unemployment rate of New York State nearly doubled from 4.7% in December 2007 to 8.8% in October 2009, early in President Obama's first term which was the very lowest point for the US Labor Market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

And then with the US economic stimulating actions of the Obama Administration taking full effect, coupled with the Quantitative Easing by the US Fed, the New York State unemployment rate declined from 8.8% in October 2009 to 6.6% in the most recently reported July 2014.

New York State Citizens must be very pleased with both the outstanding performance of nearly all of their New York Financial Companies as well as the significant drop in the New York State Unemployment Rate during the Obama Administration.