Wells Fargo & Co

Zoom Video Communications (ZM) serves customers of all sizes, from sole businesses to Fortune 50 organizations.

Bank of America’s (BAC) credit quality across its consumer and commercial portfolios remained stable at the end of the first quarter.

Buffett said that considering Berkshire Hathaway’s massive stake in Kraft Heinz, it wouldn’t be easy for him to exit the company.

Berkshire Hathaway (BRK-B) chair Warren Buffett has never been a fan of cryptocurrencies like bitcoin.

Bank of America (BAC) has impressed investors with its financial performance. We expect Bank of America to sustain the momentum in 2019.

On August 23, Wells Fargo (WFC) announced that it planned to terminate the jobs of 638 employees in its home mortgage division.

On a TTM basis, JPMorgan Chase trades at a price-to-book ratio of 1.7x, while the industry average stands at 1.6x.

JPMorgan Chase (JPM) stock has generated a return of 21.0% in the last six months and 31.3% over the past year.

E*TRADE Financial Corporation (ETFC) is covered by 16 analysts in February 2018. Of these analysts, nine suggested a “strong buy” and three gave “hold” ratings on ETFC.

Wells Fargo (WFC) stock has risen 13.0% over the past six months and 10.1% over the past year.

In May, 13 of the 31 analysts covering Wells Fargo rated the stock as a “buy,” 12 analysts rated it as a “hold,” and six analysts rated it as a “sell.”

Bank of America’s CEO has repeatedly discussed the importance of cost controls and how such measures could significantly boost BAC’s earnings over the next few years.

Bank of America (BAC) is extremely sensitive to interest rate changes. Its latest 10-Q filing shows that its asset sensitivity has risen in 2Q15.

Wells Fargo has the largest loan portfolio among US banks (XLF). As of 2Q16, the bank has a loan portfolio of $952 billion.

Wells Fargo (WFC) is less exposed to the risky investment banking and trading business than its peers JPMorgan Chase (JPM), Citigroup (C), and Bank of America (BAC).

For Wells Fargo, net interest income makes up 53% of its total income while for JPMorgan Chase (JPM), net interest income makes up 46% of its total income.

JPMorgan Chase (JPM) and Wells Fargo (WFC) reported profits of $6.2 billion and $5.6 billion, respectively, in the most recent quarter.

Bank of America (BAC) is better positioned to gain from an interest rate hike than JPMorgan Chase (JPM). It’s more sensitive to interest rate changes.

Lately, mortgage rates and bond yields have shown a weak correlation. Treasury yields have fallen over the past month, while mortgage rates have been steady.

The Federal Reserve’s stress test results indicate that Wells Fargo (WFC) has sufficient capital to absorb the estimated $25 billion in losses it is projected to incur under the test’s worst-case scenario.

Wells Fargo (WFC) is the largest mortgage lender in the US, operating primarily as a retail and commercial bank. It is been the most profitable bank in its peer group, posting a return of 10% on shareholder’s equity and ~1.3% on assets in 2015.

Wells Fargo (WFC) has been considered the strongest and most steady among the “too big to fail” banks in the United States for years.

In 1Q16, Wells Fargo’s revenue grew 4% to $22.2 billion. Bank of America’s (BAC) revenue fell 7% YoY (year-over-year) to $19.5 billion.

Bank of America’s (BAC) earnings are extremely sensitive to interest rate changes. Low interest rates have weighed on the bank’s top line.

The U.S. Department of the Treasury held the weekly 26-week Treasury bill auction on February 16, 2016. T-bills totaling $30 billion were on offer.

Originally incorporated in 1892, General Electric is one of the largest and most diversified industrials and financial services corporations in the world.

The Consumer Financial Protection Bureau was established to protect consumers’ interests by implementing federal consumer financial laws.

The US Dollar Index measures the strength of the US dollar against other major currencies. It fell by 0.58% on December 18, 2015. It was on a correction mode.

Analysts who favor the Dodd-Frank Act believe it will protect the investing community and consumers. Critics believe it will hamper economic growth and hurt competitiveness.

During the period between September 2008 and March 2009, US stock markets plunged, and the financial sector fell 60% in value.

The Dodd-Frank Act is a financial reform legislation passed in an attempt to prevent events similar to the 2009 financial crisis from occurring again.

Since the financial crisis, the Fed has enforced regulations for the capital strength and liquidity of 16 systematically important financial institutions.

Preferred stocks are less volatile compared to common equities. This is mainly because a larger portion of the returns comes from dividends, which tend to be stable.

On average, European banks have higher leverage than US banks. An excess buildup of leverage increases a bank’s exposure to the risk of bankruptcy.

Goldman Sachs engages in asset management, investment banking, wealth management, institutional sales, and trading activities across asset classes as well as regions.

The ideal loan-to-deposit ratio for a bank depends on the bank’s business model. Some banks that focus on core banking, like U.S. Bancorp (USB), have high loan-to-deposit ratios.

Refinancing activity affects prepayment speeds. Prepayment speeds occur because homeowners are allowed to pay off their mortgages early and without penalty.

Certain industries typically outperform at various phases of business cycles. This provides important clues to investors and helps them manage their portfolios.

J.P. Morgan Commercial Banking clients can access the Consumer and Community Banking segment’s commercial credit cards, payments services, and branch network.

Banks like US Bancorp (USB) and Wells Fargo (WFC) have an advantage over J.P. Morgan in terms of debt rating. Both banks secure higher ratings.

The number of J.P. Morgan active mobile customers has more than tripled since 2010. As a result, the bank is adapting its digital capabilities.

Consumer and Community Banking is the biggest of J.P. Morgan’s four segments. Corporate and Investment Banking follows, with 34% of revenues.

In this series, you’ll learn what value J.P. Morgan holds for its shareholders, about its various businesses, and how it compares with other big banks.

SunTrust Bank’s net interest income in 2014 remained stable compared to 2013 as strong loan growth offset the decline in net interest margin.

The industrywide loan-to-deposit ratio has declined over the last few years, largely due to the increase in non-interest-bearing bank deposits.

The majority of investors believe bonds are safer than stocks. The main reason is that bonds pay regular interest.

The quantitative easing policy adopted by the Federal Reserve at the end of 2008 to boost economic growth included a drastic reduction in interest rates.

Lower funding costs determine a bank’s net interest margin. A bank has funding cost advantage when it pays less interest on borrowed funds and deposits.

Interest income typically contributes more than 60% to a bank’s total operating income.

PNC stock was trading at a PBV ratio of 0.75 in November 2012. Since then, the stock has seen a smart move up and trades at a PBV multiple of ~1.08.