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Shares of Intervest Bancshares Rank the Highest in terms of Best Value in the Diversified Banks Industry (IBCA, BLX, CMA, WFC, USB)

Written on Thu, 07/22/2010 - 3:28am
By Chip Brian

Below are the top five companies in the Diversified Banks industry as measured by the price to book ratio. Often companies with the lowest ratio present the greatest value to investors.
Intervest Bancshares (NASDAQ:IBCA) has a price to book ratio of 0.1x based on a current price of $3.25 and a book value per share of $25.72.
Banco Latinoamericano de Exportaciones (NYSE:BLX) has a price to book ratio of 0.7x based on a current price of $12.4 and a book value per share of $18.63.
Comerica (NYSE:CMA) has a price to book ratio of 1.1x based on a current price of $36.26 and a book value per share of $32.15.
Wells Fargo (NYSE:WFC) has a price to book ratio of 1.3x based on a current price of $26.06 and a book value per share of $20.53.
US Bancorp (NYSE:USB) has a price to book ratio of 1.8x based on a current price of $23.08 and a book value per share of $13.16.
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 36.5% since the alert was issued.

Keywords: keywords: nasdaq:ibca intervest bancshares price to book ratio

Ticker(s): IBCA BLX CMA WFC USB

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