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Top 5 Companies in the Diversified Banks Industry With the Lowest Return on Equity (C, BAC, JPM, WFC, USB)

By Nick Russo

Below are the three companies in the Diversified Banks industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Citigroup Inc ranks lowest with a ROE of -382.2%. Following is Bank Of America with a ROE of 767.8%. Jpmorgan Chase ranks third lowest with a ROE of 1,079.7%.

Wells Fargo & Co follows with a ROE of 1,131.1%, and Us Bancorp rounds out the bottom five with a ROE of 1,427.6%.

SmarTrend recommended that subscribers consider buying shares of Jpmorgan Chase on October 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $119.73. Since that recommendation, shares of Jpmorgan Chase have risen 14.6%. We continue to monitor Jpmorgan Chase for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest return on equity citigroup inc Bank of america JPMorgan Chase wells fargo & co us bancorp

Ticker(s): C BAC JPM WFC USB