Bank Stocks To Add to Your Watchlist - November 10th

Key Points

• JPMorgan Chase, Citigroup, and Bank of America were MarketBeat’s bank stocks to watch, selected for having the highest dollar trading volumes among bank stocks in recent days.
• All three shares traded lower on Tuesday: JPMorgan fell $0.43 to $341.65, Citigroup dropped $0.53 to $121.44, and Bank of America slipped $0.02 to $50.53.
• Citigroup had the lowest reported P/E ratio at 11.87, compared with 12.01 for Bank of America and 14.33 for JPMorgan.

JPMorgan Chase & Co., Citigroup, and Bank of America are the three Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are shares of publicly traded banks and other banking institutions, giving investors partial ownership in those companies. Their performance can be affected by factors such as interest rates, loan quality, economic conditions, and financial regulations. 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.

NYSE:JPM traded down $0.43 during mid-day trading on Tuesday, hitting $341.65. The company's stock had a trading volume of 1,444,185 shares, compared to its average volume of 9,005,310. The company has a market capitalization of $907.29 billion, a price-to-earnings ratio of 14.33, a P/E/G ratio of 1.39 and a beta of 1.03. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.31. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $366.50. The stock has a fifty day moving average of $341.56 and a 200-day moving average of $323.98.

Read Our Latest Research Report on JPM

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.

NYSE C traded down $0.53 during trading on Tuesday, reaching $121.44. 3,413,388 shares of the company traded hands, compared to its average volume of 12,209,712. Citigroup has a 1-year low of $95.83 and a 1-year high of $147.96. The company has a market cap of $207.13 billion, a price-to-earnings ratio of 11.87, a P/E/G ratio of 0.55 and a beta of 1.18. The stock's 50 day moving average price is $128.71 and its two-hundred day moving average price is $126.64. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.99 and a current ratio of 1.00.

Read Our Latest Research Report on C

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.

BAC stock traded down $0.02 during trading on Tuesday, hitting $50.53. The company had a trading volume of 8,067,797 shares, compared to its average volume of 37,706,754. Bank of America has a fifty-two week low of $46.12 and a fifty-two week high of $65.22. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.17. The company has a fifty day moving average price of $55.01 and a two-hundred day moving average price of $54.88. The company has a market cap of $348.64 billion, a P/E ratio of 12.01, a P/E/G ratio of 0.91 and a beta of 1.19.

Read Our Latest Research Report on BAC

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