Promising Bank Stocks Worth Watching – November 15th

NU, JPMorgan Chase & Co., Bank of America, Wells Fargo & Company, Citigroup, Charles Schwab, and Bank of New York Mellon are the seven Bank stocks to watch today, according to MarketBeat’s stock screener tool. Bank stocks are shares of publicly traded banks, such as commercial or investment banks, that investors can buy and sell on the stock market. Their performance can be influenced by interest rates, loan demand, credit losses, and the broader economy. These companies had the highest dollar trading volume of any Bank stocks within the last several days.

NU (NU)

Nu Holdings Ltd. is a holding company, which engages in the provision of digital banking services. The company was founded by David Vélez Osorno, Cristina Helena Zingaretti Junqueira, and Adam Edward Wible on February 26, 2016 and is headquartered in George Town, Cayman Islands.

NU stock traded up $1.31 during trading on Friday, hitting $13.14. 152,506,468 shares of the company were exchanged, compared to its average volume of 84,930,656. The company has a market capitalization of $63.79 billion, a P/E ratio of 16.42, a PEG ratio of 0.49 and a beta of 0.97. The business’s 50 day moving average is $13.76 and its 200 day moving average is $14.22. NU has a 52 week low of $11.20 and a 52 week high of $18.98. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.35.

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 up $3.25 during trading hours on Friday, hitting $346.07. 4,194,923 shares of the company traded hands, compared to its average volume of 6,636,868. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. The firm’s 50-day simple moving average is $340.47 and its 200-day simple moving average is $324.84. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The company has a market cap of $919.02 billion, a PE ratio of 14.52, a PEG ratio of 1.35 and a beta of 1.03.

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.

Shares of NYSE BAC traded up $0.49 during trading on Friday, hitting $51.01. The stock had a trading volume of 19,987,219 shares, compared to its average volume of 37,279,760. Bank of America has a 12 month low of $46.12 and a 12 month high of $65.22. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market capitalization of $351.95 billion, a PE ratio of 12.12, a PEG ratio of 0.89 and a beta of 1.19. The firm has a fifty day moving average of $54.07 and a two-hundred day moving average of $54.86.

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.

Shares of WFC stock traded up $0.26 on Friday, hitting $86.02. The stock had a trading volume of 11,799,174 shares, compared to its average volume of 13,479,934. The business has a 50 day moving average of $84.21 and a 200 day moving average of $83.56. The stock has a market cap of $258.20 billion, a price-to-earnings ratio of 12.13, a price-to-earnings-growth ratio of 0.92 and a beta of 0.93. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.89 and a quick ratio of 0.89. Wells Fargo & Company has a 12-month low of $72.78 and a 12-month high of $97.76.

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.

Citigroup stock traded down $0.02 during midday trading on Friday, hitting $124.04. 7,625,348 shares of the stock were exchanged, compared to its average volume of 9,236,826. Citigroup has a 52-week low of $95.83 and a 52-week high of $147.96. The stock has a market capitalization of $211.56 billion, a price-to-earnings ratio of 12.10, a price-to-earnings-growth ratio of 0.54 and a beta of 1.18. The business’s 50-day moving average price is $127.87 and its 200-day moving average price is $126.82. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.78.

Charles Schwab (SCHW)

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services.

SCHW stock traded up $1.27 during trading on Friday, reaching $92.99. The stock had a trading volume of 10,086,471 shares, compared to its average volume of 8,856,392. The company has a quick ratio of 0.64, a current ratio of 0.66 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $160.50 billion, a price-to-earnings ratio of 15.87, a P/E/G ratio of 0.82 and a beta of 0.77. Charles Schwab has a one year low of $83.96 and a one year high of $114.53. The company’s 50 day moving average is $96.83 and its two-hundred day moving average is $97.13.

Bank of New York Mellon (BNY)

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.

Shares of Bank of New York Mellon stock traded up $0.31 during mid-day trading on Friday, hitting $153.10. 2,970,356 shares of the stock were exchanged, compared to its average volume of 3,304,412. Bank of New York Mellon has a 12 month low of $105.42 and a 12 month high of $165.84. The company has a 50-day simple moving average of $149.26 and a 200 day simple moving average of $140.76. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market capitalization of $103.02 billion, a P/E ratio of 16.92, a P/E/G ratio of 1.02 and a beta of 1.02.