Stocks from the money center banks industry still have tough times. Three years after the Lehman collapse, there is still pressure on the banking sector. The investment banking divisions are weak, equity efforts are higher and it is harder to make money at low interest rates in struggling economies. The current unattractiveness of the industry can also be an opportunity for anti-cyclic investors.
I screened the money center industry by stocks with the best dividend yield as well as a P/B ratio of less than one. The industry has 30 companies of which 18 pay dividends. Only nine banks are below their book value and seven of them have a buy or better rating.
Here are my favorite stocks:
1. JPMorgan Chase & Co. (JPM, Financial) has a market capitalization of $145.14 billion. The company employs 260,157 people, generates revenues of $61,293.00 million and has a net income of $18,976.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $41,201.00 million. Because of these figures, the EBITDA margin is 67.22 percent (operating margin 27.51 percent and the net profit margin finally 19.52 percent).
The total debt representing 30.22 percent of the company’s assets and the total debt in relation to the equity amounts to 373.04 percent. Due to the financial situation, a return on equity of 10.21 percent was realized. Twelve trailing-months earnings per share reached a value of $4.47. Last fiscal year, the company paid $1.00 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 8.61, P/S ratio is 1.50 and P/B ratio is 0.83. Dividend Yield: 2.60 percent. Beta ratio: 1.24.
2. PNC Financial Services (PNC, Financial) has a market capitalization of $32.22 billion. The company employs 45,676 people, generates revenues of $11,150.00 million and has a net income of $3,024.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $5,737.00 million. Because of these figures, the EBITDA margin is 51.45 percent (operating margin 25.73 percent and the net profit margin finally 19.16 percent).
The total debt representing 12.65 percent of the company’s assets and the total debt in relation to the equity amounts to 110.59 percent. Due to the financial situation, a return on equity of 8.77 percent was realized. Twelve trailing months earnings per share reached a value of $6.32. Last fiscal year, the company paid $0.40 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 9.67, P/S ratio is 2.04 and P/B ratio is 0.99. Dividend Yield: 2.29 percent. Beta ratio: 1.21.
3. Citigroup (C, Financial) has a market capitalization of $96.25 billion. The company employs 266,000 people, generates revenues of $72,681.00 million and has a net income of $11,312.00 million.
The total debt representing 30.75 percent of the company’s assets and the total debt in relation to the equity amounts to 323.85 percent. Due to the financial situation, a return on equity of 6.42 percent was realized. Twelve trailing months earnings per share reached a value of $3.66. Last fiscal year, the company paid $0.03 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 9.00, P/S ratio is 1.23 and P/B ratio is 0.54. Dividend Yield: 0.12 percent. Beta ratio: 2.56.
Take a closer look at the full table of money center banks below book value. The average P/E ratio is 12.97 and forward P/E ratio is 17.74. The dividend yield has a value of 0.95 percent. The P/B ratio is 0.71 and price to sales ratio 2.58. The operating margin amounts to 17.83 percent.
Related stock ticker symbols:
JPM, PNC, OFG, TCB, KEY, MTU, FBNK, STI, C
Selected Articles:
· 5 International Bank Shares With Fat Dividends
· 15 Money Center Banks With Low Forward P/E Ratios And Best Dividend Yields
· 11 Cheap Financial Dividend Stocks
· Best Financial Stock Picks For 2012
· High Dividend Financial Stocks To Consider
I screened the money center industry by stocks with the best dividend yield as well as a P/B ratio of less than one. The industry has 30 companies of which 18 pay dividends. Only nine banks are below their book value and seven of them have a buy or better rating.
Here are my favorite stocks:
1. JPMorgan Chase & Co. (JPM, Financial) has a market capitalization of $145.14 billion. The company employs 260,157 people, generates revenues of $61,293.00 million and has a net income of $18,976.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $41,201.00 million. Because of these figures, the EBITDA margin is 67.22 percent (operating margin 27.51 percent and the net profit margin finally 19.52 percent).
The total debt representing 30.22 percent of the company’s assets and the total debt in relation to the equity amounts to 373.04 percent. Due to the financial situation, a return on equity of 10.21 percent was realized. Twelve trailing-months earnings per share reached a value of $4.47. Last fiscal year, the company paid $1.00 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 8.61, P/S ratio is 1.50 and P/B ratio is 0.83. Dividend Yield: 2.60 percent. Beta ratio: 1.24.
2. PNC Financial Services (PNC, Financial) has a market capitalization of $32.22 billion. The company employs 45,676 people, generates revenues of $11,150.00 million and has a net income of $3,024.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $5,737.00 million. Because of these figures, the EBITDA margin is 51.45 percent (operating margin 25.73 percent and the net profit margin finally 19.16 percent).
The total debt representing 12.65 percent of the company’s assets and the total debt in relation to the equity amounts to 110.59 percent. Due to the financial situation, a return on equity of 8.77 percent was realized. Twelve trailing months earnings per share reached a value of $6.32. Last fiscal year, the company paid $0.40 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 9.67, P/S ratio is 2.04 and P/B ratio is 0.99. Dividend Yield: 2.29 percent. Beta ratio: 1.21.
3. Citigroup (C, Financial) has a market capitalization of $96.25 billion. The company employs 266,000 people, generates revenues of $72,681.00 million and has a net income of $11,312.00 million.
The total debt representing 30.75 percent of the company’s assets and the total debt in relation to the equity amounts to 323.85 percent. Due to the financial situation, a return on equity of 6.42 percent was realized. Twelve trailing months earnings per share reached a value of $3.66. Last fiscal year, the company paid $0.03 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 9.00, P/S ratio is 1.23 and P/B ratio is 0.54. Dividend Yield: 0.12 percent. Beta ratio: 2.56.
Take a closer look at the full table of money center banks below book value. The average P/E ratio is 12.97 and forward P/E ratio is 17.74. The dividend yield has a value of 0.95 percent. The P/B ratio is 0.71 and price to sales ratio 2.58. The operating margin amounts to 17.83 percent.
Related stock ticker symbols:
JPM, PNC, OFG, TCB, KEY, MTU, FBNK, STI, C
Selected Articles:
· 5 International Bank Shares With Fat Dividends
· 15 Money Center Banks With Low Forward P/E Ratios And Best Dividend Yields
· 11 Cheap Financial Dividend Stocks
· Best Financial Stock Picks For 2012
· High Dividend Financial Stocks To Consider
