Financials: S&P 500 Growth / Value Directory

Direct answer

The Financials sector within the S&P 500 Growth/Value framework includes banks, insurance companies, asset managers, and payment processors. Many large Financials constituents carry low price-to-book and price-to-earnings ratios that bias them toward the Value index, though payment networks and financial technology companies often score higher on growth factors. Companies are assigned based on individual style scores, and some may be split proportionally between both indexes.