Bank Stocks To Add to Your Watchlist - October 14th

Key Points

• JPMorgan Chase & Co., Wells Fargo & Company, and Citigroup are identified as key bank stocks to watch, based on high trading volumes and their responsiveness to economic cycles.
• These banks provide a range of financial services including investment banking, consumer finance, and asset management, making them sensitive to interest-rate changes and banking sector risks.
• Investors often consider bank stocks for dividend income, given their reliance on net interest margins and loan credit quality.

JPMorgan Chase & Co., Wells Fargo & Company, and Citigroup are the three Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are shares of publicly traded banks and similar financial institutions that give investors ownership in companies that take deposits, make loans, and provide payment and other financial services. Their returns depend heavily on net interest margins, loan credit quality, fee income and regulatory policy, so they tend to be sensitive to interest-rate changes, economic cycles and banking-sector risks and are often sought for dividend income. These companies had the highest dollar trading volume of any Bank stocks within the last several days.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

Read Our Latest Research Report on JPM

Wells Fargo & Company (WFC)

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

Read Our Latest Research Report on WFC

Citigroup (C)

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

Read Our Latest Research Report on C