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Top 5 Companies in the Diversified Banks Industry With the Lowest Projected Earnings Growth (WFC, USB, C, JPM, BAC)

By Shiri Gupta

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 recommended that subscribers consider buying shares of Bank Of America on October 16th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $30.52. Since that recommendation, shares of Bank Of America have risen 13.6%. We continue to monitor Bank Of America 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 citigroup inc JPMorgan Chase Bank of america

Ticker(s): WFC USB C JPM BAC