8 Solid Bank Stocks For 2014

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  • 1. 8 Solid Bank Stocks for 2014
  • 2. Capital One Financial • • • • • Current Share Price: $70.61 Price/Tangible Book Value: 1.47 Average 1-year price target: $81.67 (16% upside) 3-year projected annual earnings growth: 5% Booming credit card business produces excellent interest income
  • 3. Wells Fargo • • • • • • • Current Share Price: $45.34 Price/Tangible Book Value: 2.14 Average 1-year price target: $49.01 (8% upside) 3-year projected annual earnings growth: 5% Though more expensive than most other banks, its strength and stability is unmatched Largest bank (by market cap) in the world Investment banking business is growing rapidly
  • 4. Regions Financial • • • • • Current Share Price: $10.17 Price/Tangible Book Value: 1.41 Average 1-year price target: $11.61 (14% upside) 3-year projected annual earnings growth: 8% Loan portfolio’s size and quality is growing faster than peers
  • 5. SunTrust • Current Share Price: $37.02 • Price/Tangible Book Value: 1.53 • Average 1-year price target: $41.16 (11% upside) • 3-year projected annual earnings growth: 14% • Asset quality is improving quickly, and dividends are coming back
  • 6. JPMorgan Chase • • • • • • Current Share Price: $55.36 Price/Tangible Book Value: 1.48 Average 1-year price target: $65.43 (18% upside) 3-year projected annual earnings growth: 18% Nice yield (2.8%) In a great position to benefit from Europe’s economic recovery
  • 7. Morgan Stanley • • • • • Current Share Price: $29.51 Price/Tangible Book Value: 1.09 Average 1-year price target: $33.84 (15% upside) 3-year projected annual earnings growth: 19% Morgan Stanley Smith Barney segment is growing its wealth management business nicely
  • 8. Bank of America • • • • • Current Share Price: $16.75 Price/Tangible Book Value: 1.29 Average 1-year price target: $17.64 (5% upside) 3-year projected annual earnings growth: 28% Excellent profitability improvement in recent years.
  • 9. Citigroup • • • • • • Current Share Price: $47.43 Price/Tangible Book Value: 0.87 Average 1-year price target: $60.73 (28% upside) 3-year projected annual earnings growth: 13% Has done a great job of reducing its risky assets Ridiculously cheap!
  • 10. 9 More Great Ways To Grow Your Portfolio