<div id="readability-page-1"><div id="readability-page-1"><div><figure><figcaption>Bank stocks, Deutsche Bankgetty</figcaption></figure> When you look at the new highs list, it’s surprising to see just how many bank stocks are on it. Most notable is the number of really big bank stocks moving up in a way that artificial intelligence stocks used to move. This type of “buy every big one in the sector” has the feel of money managers playing catch up to keep from underperforming versus their peers. It’s mostly love of interest rate cuts that pumps up the banks as algorithmic econometric models on Wall Street discover the delightful effects on the bottom line for financial services. Whether Fed members will continue with the rate cuts and for how long is another question entirely but right now, it’s been decided: bank stocks get the money. <h2>NYSE Big Bank Stocks Rally.</h2> Barclays. <figure><figcaption>Barclays daily price chart, 10 18 24.stockcharts.com</figcaption></figure> The London-based bank has been around for a couple of centuries and trades these days with a price-earnings ratio of 9.57, substantially less than that of the S&amp;P 500 which trades with a Shiller p/e of 37.35. A financial services equity with that low of a multiple is not that unusual but Barclays also goes for just 65% of its book value and pays a 3.47% dividend. Market capitalization is $46.58 billion. Comerica.<figure><figcaption>Comerica daily price chart, 10 18 24.stockcharts.com</figcaption></figure> In business for 175 years, this one falls into the “regional bank” sector with corporate headquarters in Dallas and a market cap of $8.62 billion. The price-earnings ratio is 16.19 and the stock trades at 1.24 times its book value. Comerica pays a 4.38% dividend. Deutsch Bank.<figure><figcaption>Deutsche Bank daily price chart, 10 18 24.stockcharts.com</figcaption></figure> Headquartered in Frankfurt and with a huge presence in all of Europe, the bank’s market capitalization is $34.36 billion. The stock goes for half of its book value and trades with a price-earnings ratio of 9.76. In September, analysts at Barclays upgraded their opinion of Deutsche from “equal weight” to “overweight.” The dividend is 4.09%. LLoyds TSB Group.<figure><figcaption>Lloyds TSB Group daily price chart, 10 18 24.stockcharts.com</figcaption></figure> Based in Edinburgh, Scotland and operating globally, the bank’s market cap is $49.32 billion. Earnings this year are negative so there’s no price-earnings ratio but the forward p/e is 8.72. The stock goes for 1.02 times book. The debt-to-equity ratio is 3.50. Lloyds TSB Group pays a dividend of 4.99%. UBS.<figure><figcaption>UBS daily price chart, 10 18 24.stockcharts.com</figcaption></figure> The Switzerland-based bank, with corporate headquarters in Zurich and a global reach, has a 160 year history. It’s the biggest of the financial services companies compiled here with a market cap of $105.13 billion. Now trading with a price-earnings ratio of 177 and a forward p/e of 15.73, the stock goes for 1.24 times book value. The debt-to-equity ratio is 4.65, greater than the other banks stocks listed above. UBS pays a dividend of 2.51%. No artificial intelligence was used in the writing of this piece. Stats courtesy of FinViz.com. Charts courtesy of Stockcharts.com. More analysis and commentary at johnnavin.substack.com. </div></div></div>

巴克萊銀行

銀行股正在經歷顯著的價格上漲，讓人聯想起過去人工智能股票的趨勢。這一激增被歸因於預期的利率下調，促使資金管理人員大舉投資於該領域。知名銀行包括巴克萊銀行、康美銀行、德意志銀行、勞埃德信貸集團和瑞士銀行，每家銀行的市值、市盈率和股息各不相同。巴克萊銀行的市盈率為 9.57，而瑞士銀行的市盈率高達 177。總體趨勢表明，投資者對銀行股表現出濃厚興趣，因為金融服務業受益於有利的經濟環境

Bank Stocks In Heaven: The Big Ones With The Big Price Moves