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Credicorp is Among the Companies in the Diversified Banks Industry With the Highest Return on Equity (BAP, USB, WFC, BLX, JPM)

By Amy Schwartz

Below are the three companies in the Diversified Banks industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Credicorp ranks highest with a ROE of 20.0%. US Bancorp is next with a ROE of 14.3%. Wells Fargo ranks third highest with a ROE of 12.9%.

Banco Latinoamericano de Exportaciones follows with a ROE of 12.2%, and JPMorgan Chase rounds out the top five with a ROE of 10.2%.

SmarTrend recommended that subscribers consider buying shares of Credicorp on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $97.30. Since that recommendation, shares of Credicorp have risen 60.0%. We continue to monitor Credicorp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity credicorp us bancorp wells fargo banco latinoamericano de exportaciones JPMorgan Chase