Best Bank Stocks Worth Watching - October 2nd

Key Points

• JPMorgan Chase & Co., Bank of America, and Citigroup are highlighted as the top bank stocks to watch, based on high dollar trading volume in recent days.
• The performance of these bank stocks is influenced by factors such as interest rates, credit quality, regulatory policies, and the overall economic cycle.
• Each of these banks operates through various segments, including investment banking and wealth management, catering to diverse consumer and corporate needs.

JPMorgan Chase & Co., Bank of America, and Citigroup are the three Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are shares of publicly traded financial institutions that stock market investors buy and sell to gain ownership in a bank’s lending, deposit-taking, and investment activities. Their performance and dividend income largely reflect changes in interest rates, credit quality, regulatory policies, and the broader economic cycle. 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

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

Read Our Latest Research Report on BAC

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