Bank Stock Analysis
Reasons To Be Bullish Bank Stocks In 2018
![Reasons To Be Bullish Bank Stocks In 2018 Reasons To Be Bullish Bank Stocks In 2018](http://www.chrisbmurphy.com/wp-content/uploads/2018/03/Bank-GDP-TO-LOANS-Q3-CROPPED-BAC-JPM-150x150.png)
In this analysis, we review the economic and financial backdrop that supports bank stocks in 2018. Originally published on SeekingAlpha.com. Please click on the image or the title link: Don’t forget to sign up for email alerts to have my free articles emailed to you. (see sidebar) Reasons To Be Bullish Bank Stocks In 2018 […]
The Treasury Yield Values That Could Push Bank Of America To $35
![The Treasury Yield Values That Could Push Bank Of America To $35 The Treasury Yield Values That Could Push Bank Of America To $35](http://www.chrisbmurphy.com/wp-content/uploads/2017/12/BAC-PRICE-TO-YIELD-150x150.png)
With the recent fall in yields, banks have retraced somewhat in the short-term. Historically, yields have translated to higher bank stock prices against a backdrop of solid economic growth. In this article, we’ll show where yields have typically traded as compared to Bank of America’s stock price and that the long-term prospects look good. For […]
Bank Of America: Why You Can Bank On $29
![Bank Of America: Why You Can Bank On $29 Bank Of America: Why You Can Bank On $29](http://www.chrisbmurphy.com/wp-content/uploads/2017/12/BAC-DAILY-NOV-16AND-FEB-RALLIES-150x150.png)
Bank of America has rallied in September, and bullish momentum is building in the stock. The long-term charts show that BofA might be following a similar trading pattern that played out in Q4 of last year. By analyzing the long-term charts, we can get a better sense of the trend and whether there’s sustaining momentum […]
Wells Fargo: CEO Fires Warning Shots
![Wells Fargo: CEO Fires Warning Shots Wells Fargo: CEO Fires Warning Shots](http://www.chrisbmurphy.com/wp-content/uploads/2017/12/wfc-revenue--150x150.png)
The Wells Fargo sales scandal lingers on and is likely to be a drag on the stock price in the coming months. CEO, Tim Sloan warned of three areas that might impact Q3 earnings. The stock price has been helped by a hawkish Fed, but whether that’ll continue to prop up the stock is yet […]
JPMorgan: What’s Driving Revenue
![JPMorgan: What’s Driving Revenue JPMorgan: What’s Driving Revenue](http://www.chrisbmurphy.com/wp-content/uploads/2017/12/JPM-consumer-bank-Q3-final-150x150.png)
It’s no secret that JPMorgan beat estimates for Q3. In this analysis, we’ll delve into a division for the bank that is helping to drive revenue and will likely be a key factor in the coming quarters. The Consumer Banking division at JPMorgan is putting up great numbers and is helping to diversify the bank’s […]
Citigroup To Rise To $80
![Citigroup To Rise To $80 Citigroup To Rise To $80](http://www.chrisbmurphy.com/wp-content/uploads/2017/12/Citi-key-levels-1030-150x150.png)
Citigroup beat its Q3 EPS estimates. The stock is up over 7.5% since September 1st. We’ll analyze how the stock could push higher perhaps to $80 in the near future. Please click on this link for the full article.
The Fed To Drive Bank Stocks Like Bank Of America
![The Fed To Drive Bank Stocks Like Bank Of America The Fed To Drive Bank Stocks Like Bank Of America](http://www.chrisbmurphy.com/wp-content/uploads/2017/06/Bank-of-America-logo-logotype-copy-150x150.png)
Historically, as yields have risen, so too have bank stocks. We’re already seeing moves higher in financials as a result of anticipation of a Fed rate hike. However, it’s the balance sheet reduction that’ll likely drive banks higher in the medium to long-term. Please click on this link for the full article.
How Bank Of America & Yields Have Moved After Fed Hikes
![How Bank Of America & Yields Have Moved After Fed Hikes How Bank Of America & Yields Have Moved After Fed Hikes](http://www.chrisbmurphy.com/wp-content/uploads/2017/06/Bank-of-America-logo-logotype-copy-150x150.png)
Typically, as yields rise, so too do bank stocks. It may seem surprising (at least it was to me) that the 10-year yield has fallen in the days following the last three Fed hikes. As a result, bank stocks like Bank of America have corrected in lock step. If you recall, the value of the […]
Bank of America Historical Indicators Of Corrections (Featured On MSN Money)
![Bank of America Historical Indicators Of Corrections (Featured On MSN Money) Bank of America Historical Indicators Of Corrections (Featured On MSN Money)](http://www.chrisbmurphy.com/wp-content/uploads/2017/05/1-4-150x150.jpg)
My equity analysis of Bank Of America, published on SeekingAlpha.com, generated over 17,000 page views and was featured on MSN Money.
Bank Of America: Why Moynihan Fired The Shot Heard Around The Markets
![Bank Of America: Why Moynihan Fired The Shot Heard Around The Markets Bank Of America: Why Moynihan Fired The Shot Heard Around The Markets](http://www.chrisbmurphy.com/wp-content/uploads/2016/10/bank-of-america-logo-2014-150x150.png)
Brian Moynihan, the CEO of Bank of America (NYSE:BAC), fired a warning shot to investors last week when he said that Q2 results might come in lower than expected.
Why Bank Of America’s Q1 Earnings Soared & Why Q2 Might Disappoint
![Why Bank Of America’s Q1 Earnings Soared & Why Q2 Might Disappoint Why Bank Of America’s Q1 Earnings Soared & Why Q2 Might Disappoint](http://www.chrisbmurphy.com/wp-content/uploads/2017/06/1-19-150x150.jpg)
Bank of America reported better-than-expected Q2 earnings largely due to higher Treasury yields. Net interest income is a key driver for earnings, and our analysis of Q1 yields, we showed how Q1 NII would surpass expectations.
Comparing The P/E Ratios Of Bank Of America, JPMorgan Chase, And Wells Fargo
![Comparing The P/E Ratios Of Bank Of America, JPMorgan Chase, And Wells Fargo Comparing The P/E Ratios Of Bank Of America, JPMorgan Chase, And Wells Fargo](http://www.chrisbmurphy.com/wp-content/uploads/2016/11/stock-exchange-642896_1280-150x150.jpg)
Bank of America’s P/E ratio has fallen back to earth to 14.5 versus 17 just before the Fed hike in March and has fallen 12% YTD. Forward P/Es for JPMorgan Chase, Wells Fargo, and Bank of America have recently converged.