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 new Basel III re-proposal lowers the risk-weighting for residential mortgage lending, which positions Wells Fargo to regain significant market share.
The continued push toward Fargo for mass affluent clients could decrease migration toward traditional and more lucrative wealth advisors.
|
Metric
|
WFC
|
C
|
BAC
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.74 | 15.27 | 14.73 |
Price/Book Value | 1.65 | 1.25 | 1.54 |
Price/Sales | 3.30 | 2.93 | 3.89 |
Price/Cash Flow | 9.66 | 10.47 | 9.57 |
|
Metric
|
WFC
|
C
|
BAC
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
WFC
|
C
|
BAC
|
|---|---|---|---|
Return on Assets (Normalized) | 1.06% | 0.69% | 1.02% |
Return on Equity (Normalized) | 13.36% | 9.40% | 12.62% |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co
JPM
| LOCK|&$h&D&^D | LOCK|^hL | $896B | |||
| Bank of America Corp
BAC
| LOCK|c&#K@dj | LOCK|#J@ | $422B | |||
| HSBC Holdings PLC ADR
HSBC
| LOCK|@xr?TH% | LOCK|R>wh$ | $338B | |||
| Royal Bank of Canada
RY
| LOCK|^cwW^b$ | LOCK|HR | $292B | |||
| Mitsubishi UFJ Financial Group Inc ADR
MUFG
| LOCK|$hnh&xp | LOCK|?dw | $246B | |||
| Citigroup Inc
C
| LOCK|YmP&tL$ | LOCK|%>^ | $240B | |||
| The Toronto-Dominion Bank
TD
| LOCK|Gl!HNZ | LOCK|>P? | $199B | |||
| Banco Santander SA ADR
SAN
| LOCK|hb | LOCK|jJd&# | $196B | |||
| UBS Group AG Registered Shares
UBS
| LOCK|CG?$j@ | LOCK|z!&? | $171B |
United States