Bank Stocks To Add to Your Watchlist - November 9th

Key Points

• JPMorgan Chase, Bank of America, and Citigroup are highlighted as bank stocks to watch because they recorded the highest dollar trading volumes among bank stocks in recent days.
• All three shares rose on Monday: JPMorgan gained $7.25 to $341.74, Bank of America rose $1.18 to $50.60, and Citigroup added $2.58 to $121.62.
• The stocks differ in valuation: Bank of America had a P/E ratio of 12.01, Citigroup 11.85, and JPMorgan 14.32, according to the article.

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 banks and other banking institutions that investors can buy or sell on the stock market. Their value can be affected by factors such as interest rates, loan quality, economic conditions, and the banks’ earnings. 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.

JPM traded up $7.25 on Monday, hitting $341.74. 2,027,688 shares of the stock were exchanged, compared to its average volume of 9,017,509. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $907.53 billion, a price-to-earnings ratio of 14.32, a PEG ratio of 1.32 and a beta of 1.03. The business has a 50-day moving average of $341.87 and a two-hundred day moving average of $323.78. JPMorgan Chase & Co. has a 12 month low of $279.10 and a 12 month high of $366.50.

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.

Bank of America stock traded up $1.18 during midday trading on Monday, reaching $50.60. The company's stock had a trading volume of 9,840,205 shares, compared to its average volume of 37,750,051. The stock has a market cap of $349.13 billion, a PE ratio of 12.01, a price-to-earnings-growth ratio of 0.87 and a beta of 1.19. 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 business has a 50-day moving average price of $55.24 and a 200-day moving average price of $54.89. Bank of America has a 52 week low of $46.12 and a 52 week high of $65.22.

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.

Shares of Citigroup stock traded up $2.58 on Monday, hitting $121.62. The company had a trading volume of 3,278,129 shares, compared to its average volume of 12,222,359. Citigroup has a 1 year low of $95.83 and a 1 year high of $147.96. The stock has a 50 day moving average of $128.92 and a 200-day moving average of $126.60. The stock has a market capitalization of $207.44 billion, a price-to-earnings ratio of 11.85, a P/E/G ratio of 0.52 and a beta of 1.18. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.00 and a current ratio of 1.00.

Read Our Latest Research Report on C

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