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Highest Return on Equity in the Diversified Banks Industry Detected in Shares of Credicorp (BAP, USB, WFC, BLX, IBCA)

Written on Mon, 07/19/2010 - 3:26am
By Chip Brian

Below are the top five companies in the Diversified Banks industry as measured by return on equity (ROE). 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 (NYSE:BAP) ranks first with an ROE of 24.4%; US Bancorp (NYSE:USB) ranks second with an ROE of 9.9%; and Wells Fargo (NYSE:WFC) ranks third with an ROE of 8.7%.
Banco Latinoamericano de Exportaciones (NYSE:BLX) follows with an ROE of 7.5% and Intervest Bancshares (NASDAQ:IBCA) rounds out the top five with an ROE of -0.9%.
SmarTrend is bearish on shares of IBCA and our subscribers were alerted to Sell on May 21, 2010 at $5.12. The stock has fallen 38% since the alert was issued.

Keywords: keywords: nyse:bap credicorp return on equity

Ticker(s): BAP USB WFC BLX IBCA

Contact Chip Brian



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