S&P/ASX 200 Financials (ASX: XFJ) shares closed 0.52% lower yesterday while the broader S&P/ASX 200 Index (ASX: XJO) fell 0.31%.
In this article, we discuss four ASX 200 financial shares and some expert opinions on them.
ASX 200 financial shares: 2 buys
Pinnacle Investment Management Group Ltd (ASX: PNI)
Courtesy of The Bull, Damien Nguyen from Morgans reckons Pinnacle Investment Management shares are a buy.
"Investors can buy at a reasonable price for a stock offering a bright outlook," says the analyst.
The Pinnacle Investment Management share price closed at $20.63 yesterday, down 0.67%.
Nguyen says:
PNI offers leveraged exposure to increasing growing demand for active funds management through its unique multi-affiliate model.
The company holds stakes in a range of high performing boutique managers, providing diversified and scalable earnings.
Strong recent fund inflows amid a consistent investment performance are driving growth in funds under management.
Generation Development Group Ltd (ASX: GDG)
Nguyen is also positive about Generation Development Group shares.
Generation Development Group specialises in offering tax-effective investment solutions.
Nguyen sees the Federal Government's proposal to raise taxes on superannuation investment earnings over $3 million as a potential tailwind.
The analyst comments:
GDG operates in Australia's wealth management sector, particularly through its subsidiary Generation Life, which is a market leader in investment bonds in terms of inflows.
Investment bonds offer compelling tax benefits and, after superannuation, are considered the next best option for minimising tax.
The potential introduction of higher tax rates on superannuation balances above $3 million could lead to a further increase in demand for investment bonds issued by Generation Life, which, in turn, may lead to further upside for GDG's share price.
The Generation Development share price closed at $5.70 yesterday, down 0.87%.
ASX 200 financial shares: The sells…
OFX Group Ltd (ASX: OFX)
Michael Gable of Fairmont Equities has a sell rating on OFX, a global provider of international payments and foreign exchange services.
Gable explains:
Its recent fiscal year 2025 result was disappointing, with earnings lower than what the market expected.
Underlying net profit after tax of $27.7 million was down 18.2 per cent on the prior corresponding period. Net operating income (NOI) of $214.9 million was down 5.5 per cent.
The company didn't provide NOI guidance in fiscal year 2026 in light of global economic uncertainty.
It expects underlying EBITDA margins to be lower in fiscal years 2026 and 2027.
The ASX 200 financial share has fallen from $1.31 on 19 May to a closing value of 74.5 cents yesterday.
Gable concludes: "I can't identify a catalyst at this point that will lead to a share price recovery – at least in the short term."
Commonwealth Bank of Australia (ASX: CBA)
Nguyen has a sell rating on CBA shares, pointing out that the ASX 200's largest stock is trading at a big premium to peers.
The CBA share price reset its record high again on Wednesday when it reached $183.19 per share.
Nguyen says:
Shifting economic conditions, including potential interest rate cuts, could impact profitability.
We're concerned the bank's high valuation leaves little room for disappointment, and could make it vulnerable to market corrections.
For investors who have enjoyed strong returns, now may be a good time to lock in gains and reduce exposure.
The CBA share price closed at $180.53 yesterday, down 0.48%.
