The Federal Reserve released its annual stress test results on June 24. With stronger results than last year, albeit in a less severe scenario, shares of the 32 tested banks generally traded upward, though the movement was muted.
The largest financial services firms could capture substantial market share on the back of technology investments in areas like underwriting, pricing, due diligence, and customer service.
Equity underwriting volumes could remain perpetually lower, disproportionately impacting equity underwriting leaders like Morgan Stanley.
|
Metric
|
MS
|
BAC
|
JPM
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.11 | 14.82 | 16.07 |
Price/Book Value | 3.36 | 1.55 | 2.64 |
Price/Sales | 5.12 | 3.92 | 5.00 |
Price/Cash Flow | 13.49 | 9.63 | 11.32 |
|
Metric
|
MS
|
BAC
|
JPM
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
MS
|
BAC
|
JPM
|
|---|---|---|---|
Return on Assets (Normalized) | 1.43% | 1.02% | 1.29% |
Return on Equity (Normalized) | 19.99% | 12.62% | 17.30% |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| The Goldman Sachs Group Inc
GS
| LOCK|%P#t$^ | LOCK|tRb | $311B | |||
| Charles Schwab Corp
SCHW
| LOCK|lPX^yfgw | LOCK|<GP | $179B | |||
| Robinhood Markets Inc Class A
HOOD
| LOCK|k@<^pWr | LOCK|fnR^T | $101B | |||
| Interactive Brokers Group Inc Class A
IBKR
| LOCK|&!>&k&p | LOCK|#@f | $42B | |||
| LPL Financial Holdings Inc
LPLA
| LOCK|y$f<D># | LOCK|r!m | $25B | |||
| Tradeweb Markets Inc
TW
| LOCK|>P^&fHk | LOCK|bC$ | $21B | |||
| IREN Ltd
IREN
| LOCK|@<tv#V | LOCK|s% | $15B | |||
| Evercore Inc Class A
EVR
| LOCK|?lS%gg | LOCK|%!Xp& | $13B | |||
| Jefferies Financial Group Inc
JEF
| LOCK|<?&&WM | LOCK|!@ | $12B |
United States