Top 5 Companies in the Diversified Banks Industry With the Lowest Debt-to-Capital Ratio (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 its subscribers protect gains by selling shares of Citigroup on May 6th, 2016 by issuing a Downtrend alert when the shares were trading at $44.07. Since that call, shares of Citigroup have fallen 4.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest debt-to-capital ratio Comerica us bancorp wells fargo Bank of america Citigroup