- Shares of Bank of America (BAC - Get Report) closed at $9.49 on Tuesday, returning 71% year-to-date, following an epic 58% decline during 2011. The shares still trade for just 0.7 times the company's Dec. 30 tangible book value of $12.95, and for a relatively low nine times the consensus 2013 EPS estimate of $1.06, among analysts polled by Thomson Reuters. The consensus first-quarter EPS estimate for BAC is 12 cents, with a full-year 2012 estimate of 68 cents.
- Citigroup (C - Get Report) closed at $36.37 Tuesday, returning 38% year-to-date, following last year's 44% decline. Like Bank of America, Citi's shares are heavily discounted, at just 0.7 times the Dec. 30 tangible book value of $49.81. The shares trade for eight times the consensus 2013 EPS estimate of $4.70. Analysts expect the company to post first-quarter EPS of 99 cents, and EPS of $4.08 for all of 2012.
3 Bank Stocks to Sell From JPMorgan
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