10 banks with upside june 2014

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The banks with the most potential to pop

Published in: Economy & Finance, Business

10 banks with upside june 2014

  1. 1. 10 Banks With Incredible Upside Potential
  2. 2. 10.) JPMorgan Chase (JPM) • One of the “big four” U.S. banks, JPMorgan Chase has about $2.5 trillion in assets • Operates in more than 50 countries • One of the world’s leading investment banks • Possible the most diverse product line of the big banks Price: $56.79 Avg. Target: $63.97 Upside: 12.3% Wikipedia/Ed!
  3. 3. 9.) TD Bank, NA (TD) • Known as “America’s Most Convenient Bank” – Open on weekends and some holidays – Some branches open until midnight – Only closes 7 days a year • Has grown aggressively through acquisitions, with assets more than tripling in the past 10 years Price: $50.17 Avg. Target: $57.36 Upside: 14.3% Matthew G. Bisanz
  4. 4. 8.) United Community Banks Inc. (UCBI) • The smallest bank on this list, with operations in Georgia, North and South Carolina, and Tennessee • Known as “The Bank That Service Built”, with the highest customer satisfaction rating in the U.S. Banking Industry Price: $16.27 Avg. Target: $18.82 Upside: 15.7%
  5. 5. 7.) Flagstar Bancorp (FBC) • Largest banking company headquartered in Michigan • Trades for just 7 times TTM earnings • Currently valued at just 93% of its book value Price: $18.10 Avg. Target: $21.13 Upside: 16.7%
  6. 6. 6.) First Financial Holdings, Inc. (SCBT) • Operates as several subsidiaries across the southeast U.S. • Founded during the great depression, SCBT trades for a premium valuation to peers due to its high asset quality Price: $60.79 Avg. Target: $71.71 Upside: 18.0% Source: SNL Financial
  7. 7. 5.) Citigroup, Inc. (C) • By far the cheapest of the “big four”, Citigroup trades for just 74% of its book value (88% of tangible book) • Uncertainty related to its international exposure and the Citi Holdings “legacy assets” have held the valuation down – Citi Holdings is being wound down, and is a fraction of its former size Price: $48.93 Avg. Target: $58.28 Upside: 19.1%
  8. 8. 4.) BofI Holdings, Inc. (BOFI) • B of I’s business model is to cut its costs by doing its business exclusively through the internet – Operates from a single location in California • By cutting costs related to physical branches, B of I operated at a TTM net profit margin of 34% (versus 25% industry average) Price: $79.83 Avg. Target: $96.40 Upside: 20.8%
  9. 9. 3.) E*TRADE Financial Corp. (ETFC) • Best known for its brokerage business, E- Trade also has a thriving retail banking business • Offers customers such perks as ATM fee reimbursement and the ability to link a debit/ATM card to a brokerage account Price: $56.79 Avg. Target: $63.97 Upside: 12.3% Thomas Hundt
  10. 10. 2.) First Bancorp (FBP) • Located in Puerto Rico, the U.S. Virgin Islands, and Florida – Plans to expand its FL operations • Largest ATM network in Eastern Caribbean • Core deposits have grown by 35% since 2009 Price: $5.32 Avg. Target: $6.80 Upside: 27.8% Wikipedia/Coolcaesar
  11. 11. 1.) Hilltop Holdings, Inc. (HTH) • Hilltop has operations in banking, mortgage origination, and property/casualty insurance • Tier 1 Leverage Ratio (13.1%) is better than most peers – Very well-capitalized Price: $20.63 Avg. Target: $26.63 Upside: 29.1%
  12. 12. These Stocks Beat The Big Banks

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