Lowest Projected Earnings Growth in the Diversified Banks Industry Detected in Shares of Wells Fargo (WFC, USB, BLX, BAC, C)
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 ranks lowest with a projected earnings growth of 1.0%. US Bancorp is next with a projected earnings growth of 3.5%. Banco Latinoamericano de Exportaciones ranks third lowest with a projected earnings growth of 6.0%.
Bank of America follows with a projected earnings growth of 9.3%, and Citigroup rounds out the bottom five with a projected earnings growth of 20.4%.
SmarTrend is monitoring the recent change of momentum in Citigroup. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Citigroup in search of a potential trend change.
Keywords: lowest projected earnings growth wells fargo us bancorp banco latinoamericano de exportaciones Bank of america Citigroup