S&P/ASX 300 Index (ASX: XKO) shares are up 0.84%, with every market sector rising today.
Meanwhile, experts reveal what they think investors should do with these three ASX 300 financial shares.
Image source: Getty Images
Own any of these 3 ASX 300 financial shares?
Two of these ASX stocks have been on a tear, whilst the other has struggled over the past 12 months.
Market analysts provide their insights.
OFX Group (ASX: OFX)
OFX is a global provider of international payments and foreign exchange services.
The OFX Group share price is 84 cents, up 0.6% today and down 59% over the past 12 months.
OFX shares have fallen heavily since the company published its full-year FY25 results on 20 May.
On The Bull this week, Jonathan Tacadena from MPC Markets presented his view of this ASX 300 financial share.
He has a sell rating on OFX shares, and explains:
Revenue of $221.9 million in full year 2025 was down 3.4 per cent on the prior corresponding.
Net operating income of $214.9 million was down 5.5 per cent.
In our view, the company needs to produce improving results to attract investors in fiercely competitive sectors.
Until there are meaningful signs of a recovery, we believe investors can achieve better returns elsewhere.
OFX issued a 1Q FY26 trading update on 24 July. It reported $34.1 million in revenue, down 2.6% on 1Q FY25.
Commonwealth Bank of Australia (ASX: CBA)
The CBA share price is $175.63, up 0.4% today and up 41% over the past 12 months.
This ASX 300 financial share has been on a tear since November 2023. However, it appears CBA's strong run is starting to fade.
Michael Gable from Fairmont Equities has a hold rating on CBA shares.
Gable says:
We turned bullish on CBA in early 2024 as it broke above a major resistance level and started to rally.
We remained bullish until recently when the share price chart finally showed signs of weakness.
This also coincides with long held investor concerns around CBA's valuation.
While we didn't sell CBA on valuation grounds and rode it higher in the past 18 months, a topping signal on the chart is a sign to finally exit this position, in our view.
Insurance Australia Group Ltd (ASX: IAG)
The IAG share price is $8.70, up 0.81% today and up 25% over the past 12 months.
John Athanasiou from Red Leaf has a sell rating on this ASX 300 financial share.
On The Bull last week, Athanasiou said:
IAG's strong rally to a recent high means much of its positive outlook is already priced into the share price.
For investors seeking value or growth, it may be time to take profits and seek better opportunities elsewhere.
