Bank Stock Analysis

How Bank Of America & Yields Have Moved After Fed Hikes

How Bank Of America & Yields Have Moved After Fed Hikes

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 […]

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Bank of America Historical Indicators Of Corrections (Featured On MSN Money)

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Bank of America Historical Indicators Of Corrections (Featured On MSN Money)

My equity analysis of Bank Of America, published on SeekingAlpha.com, generated over 17,000 page views and was featured on MSN Money.

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Bank Of America: Why Moynihan Fired The Shot Heard Around The Markets

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Bank Of America: Why Moynihan Fired The Shot Heard Around The Markets

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.

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Why Bank Of America’s Q1 Earnings Soared & Why Q2 Might Disappoint

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Why Bank Of America’s Q1 Earnings Soared & Why Q2 Might Disappoint

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.

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Comparing The P/E Ratios Of Bank Of America, JPMorgan Chase, And Wells Fargo

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Comparing The P/E Ratios Of Bank Of America, JPMorgan Chase, And Wells Fargo

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.

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Equity Analysis: Comparing Bank Of America, Wells & JPMorgan

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Equity Analysis: Comparing Bank Of America, Wells & JPMorgan

This article containing my comparative equity analysis of Bank of America, Wells Fargo, and JPMorgan Chase & Co. for SeekingAlpha.com generated 10,000 page views.

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Bank Of America: Here’s What’s Driving Earnings And The Stock

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Bank Of America: Here’s What’s Driving Earnings And The Stock

Bank stocks like Bank of America have risen and fallen on the back of Treasury yields. However, this isn’t the first time Bank of America has surged as a result of the 10-year yield. Today’s market is eerily similar to that of 2012 to 2013. By analyzing the past and the present, we can see […]

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Citigroup: How The Bullish Move Might Play Out

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Citigroup: How The Bullish Move Might Play Out

Citigroup Inc. is trading in a bullish channel that puts resistance at $64.50 (mid-term) and $67.80 for the top of the channel. Citigroup broke out of a 4.5% range and has traveled the length of that range. The next range is currently taking shape.

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The Economy: Why The Fed Should Not Hike Rates

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The Economy: Why The Fed Should Not Hike Rates

With the recent positive economic developments, the markets expect a rate hike from the Fed during their March meeting. However, U.S. growth is anemic with last year coming in below 2%, and growth is forecasted to be 1.3% this quarter. History has shown, the Fed has hiked rates with much higher economic growth. And U.S. […]

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Yields Signal Correction For Bank of America

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Yields Signal Correction For Bank of America

Bank stocks are rising on the expectation of cuts in regulations and higher interest rates. Bank of America is trading like the 10-year Treasury yield of over 2.6%. Either Treasury yields must rise or Bank of America stock price must correct lower. In this article, we analyze how BofA stock has been impacted by the 10-year […]

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