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Lowest Projected Earnings Growth in the Diversified Banks Industry Detected in Shares of Wells Fargo & Co (WFC, USB, C, JPM, BAC)

By David Diaz

Below are the three companies in the Diversified Banks industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Wells Fargo & Co ranks lowest with a projected earnings growth of 12.9%. Us Bancorp is next with a projected earnings growth of 18.4%. Citigroup Inc ranks third lowest with a projected earnings growth of 22.9%.

Jpmorgan Chase follows with a projected earnings growth of 29.4%, and Bank Of America rounds out the bottom five with a projected earnings growth of 36.9%.

SmarTrend is tracking the current trend status for Jpmorgan Chase and will alert subscribers who have JPM in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest projected earnings growth wells fargo & co us bancorp citigroup inc JPMorgan Chase Bank of america

Ticker(s): WFC USB C JPM BAC