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Highest Earnings Yield in the Diversified Banks Industry Detected in Shares of Credicorp (BAP, C, BLX, BAC, JPM)

By James Quinn

Below are the three companies in the Diversified Banks industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.

Credicorp ranks highest with a an earnings yield of 22.9%. Following is Citigroup with a an earnings yield of 12.2%. Banco Latinoamericano de Exportaciones ranks third highest with a an earnings yield of 10.6%.

Bank of America follows with a an earnings yield of 9.9%, and JPMorgan Chase rounds out the top five with a an earnings yield of 9.4%.

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 66.4%. We continue to monitor Credicorp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest earnings yield credicorp Citigroup banco latinoamericano de exportaciones Bank of america JPMorgan Chase

Ticker(s): BAP C BLX BAC JPM