bank stocks posts
FeedPosted Feb 18th 2011 11:30AM by Trefis (RSS feed)
Filed under: JPMorgan Chase (JPM)
JPMorgan (JPM) is one the largest and most diversified bank in the U.S., and offers services such as retail banking, commercial banking, asset management, investment banking, consumer lending and credit cards. Its main competitors include Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS), Deutsche Bank (DB) and Morgan Stanley (MS).
JPMorgan has benefited from a decline in provisions for credit losses that raised operating margins for its retail banking business. However, a weak economic recovery has resulted in a decline in average interest earning deposits and presents a potential concern for the multinational bank.
Continue reading JPMorgan: Upside and Downside Scenarios
Posted Feb 8th 2011 12:30PM by Tom Taulli (RSS feed)
Filed under: Earnings Reports
UBS (UBS), which is the biggest bank in Switzerland, has had a long road to recovery. But according to its fourth-quarter report, it looks like the firm is finally getting back on its feet. Net income increased by 7.1% to $1.35 billion. Actually, the firm was profitable for all of 2010, which was the first time since 2006.
There were some headwinds in the quarter, though. One was the strength of the Swiss franc. Also, UBS had to make some adjustments because of the changes in the fixed income market.
Continue reading UBS: Getting the Trust Back
Posted Dec 16th 2010 11:30AM by Jason Raznick (RSS feed)
Filed under: Goldman Sachs Group (GS), Morgan Stanley (MS)
The general feeling of investors right now is that we are at a potential turning point in the economy. The final piece of the economic puzzle is for the jobs market to start showing strong gains and the final piece of the puzzle for the stock market is for financial stocks to stage a big and sustainable rally. We might be right on the precipice of both of those things happening. Investors still have an opportunity, however, to get in on the ground floor in a number of names.
The most compelling name in this space could be Morgan Stanley (MS), which has found itself on the back burner this year, particularly compared to Goldman Sachs (GS). While both stocks have struggled in 2010, GS is going to finish the year on a high note. In the last six months, the shares have risen nearly 21% compared to a gain for MS of under 1%.
Continue reading Morgan Stanley Could Have Big Upside
Posted Nov 11th 2010 6:00PM by Joseph Lazzaro (RSS feed)
Filed under: Bank of New York (BK), Stocks to Buy
Patience appears to be paying off with the Bank of New York Mellon (BK), which I first wrote about on April 6, 2009, at a price of $28.16.
Moreover, the Bank of New York, a premier bank and wealth manager, is a good stock to be patient with. BK's 30% summer swoon found support, as forecast, near $23, and the stock has since moved back above $27 and the key, 50-day moving average.
Continue reading The Bank of New York: As Solid as Manhattan Schist
Posted Jul 21st 2010 5:00PM by Joseph Lazzaro (RSS feed)
Filed under: Bank of New York (BK), Stocks to Buy

Typically, a stock that nose-dives 23% in three months would be cause for alarm, but not when the stock is The Bank of New York Mellon (
BK), which I first wrote about
on April 6, 2009 at a price of $28.16.
Just view BK's over-correction as a chance to scoop-up shares of a premiere bank and wealth manager.
Look for BK's 2010 revenue to rise about 7-10%, then about 10-12% in 2011, on higher fees and improving margins. Asset management fees in its equities and fixed income business should record solid increases, on price gains in those markets and due to increased client deposits. New business wins add to the positive mix.
Continue reading Is Now a Good Time to Consider The Bank of New York Mellon?
Posted Jun 25th 2010 1:50PM by Steven Halpern (RSS feed)
Filed under: International Markets, Newsletters, Stocks to Buy
"This month we are beefing up our Northern exposure with a Canadian bank: Toronto-Dominion (TD)," says growth and income specialist Stephen Leeb.
The editor of The Complete Investor explains, "Financial institutions offer leveraged exposure to the entire economic system. With Canada's upside greater than most, adding another bank makes good sense. By total assets, market cap, and adjusted net income, Toronto-Dominion is Canada's second-largest bank.
"And it's not only a force to reckon with in Canada, it has a large and growing presence in the U.S., where it ranks among the top 15 banking companies. It also has the distinction of being one of only three Aaa-rated banks on the NYSE and was the rare bank to not cut its dividend during the financial crisis.
Continue reading Toronto-Dominion (TD): Northern Exposure
Posted Jun 1st 2010 1:40PM by Louis Navellier (RSS feed)
Filed under: Brazil, Citigroup Inc. (C), Bank of America (BAC), Stocks to Buy
The financial sector has been a strange double-edged sword in portfolios over the past two years or so. In the wake of the Lehman Brothers bankruptcy, billions of wealth was erased in what were long thought of as conservative stocks. Then the resurgence of some banks since the lows of last year made other investors a fortune, with Citigroup (C) and Bank of America (BAC) both soaring about 300% since historic lows on March 9, 2009.
The drama continues in the financial sector even now with the endless see-saw of mortgage default news and the continued worries over sovereign debt in the eurozone. Any investor jumping into financial stocks right now is really taking the tiger by the tail -- but if you do your homework, there a number of opportunities in the sector become clear -- particularly among financials in Latin America.
Continue reading Three Booming Latin America Banks
Posted Jun 11th 2009 11:00AM by Steven Halpern (RSS feed)
Filed under: Management, Newsletters, Stocks to Buy, Housing, Recession
"Hudson City Bancorp (NASDAQ: HCBK) is a fortress of safety with plenty of upside potential," says value investor Nathan Slaughter.
In his Half-Priced Stocks, he explains, "The 140-year old bank is a classic example of the tortoise and hare fable. Its slower, measured approach has paid off handsomely and keptit at arms length from the problems plaguing other banks."
"Hudson City manages a network of 130 bank branches spread throughout affluent regions of New Jersey, New York and Connecticut. At last count, the firm had over $20 billion in deposits and approximately $56 billion in total assets.
"According to an independent study, this tight-knit institution has been rated one of the nation's three strictest mortgage underwriters. So when most other banks relaxed their standards in recent years to attract riskier clientele, Hudson City stuck to its conservative roots and refused to budge.
Continue reading Hudson City (HCBK): 'Best in breed' bank bet
Next Page >