|Day's range||23.66 - 23.96|
|52-week range||14.09 - 25.80|
|PE ratio (TTM)||14.65|
|Earnings date||16 Oct 2017 - 20 Oct 2017|
|Dividend & yield||0.30 (1.26%)|
|1y target est||26.79|
I am turning bearish on U.S. large bank stocks as bank lending growth continues to slow down while the prospect of tax cuts and financial reform has dimmed. At the same time, U.S. leading indicators suggest a slowdown in the second half of 2017, which will limit the upside of U.S. bank stocks.
As US bank chief executive pay settles at more than twice the average pay of bank bosses in Europe, shareholders are more determined than ever to prevent American norms from crossing the Atlantic. The ...
Despite excellent performance by the financial sector, these two banks still look attractive for the long term.