Lowest Debt-to-Capital Ratio in the Diversified Banks Industry Detected in Shares of Comerica (CMA, USB, WFC, BAC, C)
Below are the three companies in the Diversified Banks industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.
Comerica ranks lowest with a a Debt-to-Capital ratio of 29.6%. Following is US Bancorp with a a Debt-to-Capital ratio of 56.5%. Wells Fargo ranks third lowest with a a Debt-to-Capital ratio of 58.5%.
Bank of America follows with a a Debt-to-Capital ratio of 68.1%, and Citigroup rounds out the bottom five with a a Debt-to-Capital ratio of 70.4%.
SmarTrend recommended that subscribers consider buying shares of Bank of America on July 20th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $14.35. Since that recommendation, shares of Bank of America have risen 11.5%. We continue to monitor Bank of America for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest debt-to-capital ratio Comerica us bancorp wells fargo Bank of america Citigroup