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

By Amy Schwartz

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 1.7%. Following is Us Bancorp with a projected earnings growth of 6.6%. Jpmorgan Chase ranks third lowest with a projected earnings growth of 8.0%.

Citigroup Inc follows with a projected earnings growth of 9.0%, and Banco Latinoam-E rounds out the bottom five with a projected earnings growth of 16.1%.

SmarTrend recommended that subscribers consider buying shares of Citigroup Inc on February 14th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $59.43. Since that recommendation, shares of Citigroup Inc have risen 12.3%. We continue to monitor Citigroup Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth wells fargo & co us bancorp JPMorgan Chase citigroup inc banco latinoam-e

Ticker(s): WFC USB JPM C BLX