- Shares of JPMorgan Chase (JPM - Get Report) closed at $30.46 Thursday, declining 27% year-to-date. The company is unique among the big four, with a 3.28% dividend yield, based on a quarterly payout of 25 cents. JPMorgan's ROA has ranged between 0.76% and 0.87% over the past year. The company is also unique among the big four U.S. banks in releasing "just" $170 million in loan loss reserves during the third quarter, providing relatively little padding to its $4.3 billion in third-quarter earnings. The shares trade for six times the consensus 2012 EPS estimate of $4.88 and for just under tangible book value. Out of 25 analysts covering JPMorgan, 23 rate the shares a buy, while the remaining two analysts have neutral ratings. The consensus price target is $45.91.
- Bank of America closed at $5.53 Thursday, with the overhang from mortgage losses, continued mortgage putback demands and concern over capital pushing the shares down 58% year-to-date. The shares trade for 5.5 times the consensus 2012 EPS estimate of 99 cents, and for just 0.4 times tangible book value. Because of the low valuation, there are still 10 analysts rating the shares a buy, while 13 analysts have neutral ratings and one analyst recommends selling the shares. The consensus price target for BAC is $9.53.
- Citigroup (C - Get Report) closed at $26.99 Thursday, down 43% year-to-date. The shares trade for six times the consensus 2012 EPS estimate of $4.37 and for just over half their tangible book value. Out of 21 analysts covering Citi, 15 rate the shares a buy, four have neutral ratings, and two recommend selling the shares. The consensus price target is $42.39.
- Wells Fargo has performed best this year among the big four, with shares down only 16% to close Thursday at $25.64. Based on a quarterly payout of 12 cents, the shares have a dividend yield of 1.87%. The shares trade for eight times the consensus 2012 EPS estimate of $3.20 and for 1.5 times tangible book value. Out of 23 analysts covering the shares, 20 rate Wells Fargo a buy, while two analysts have neutral ratings and one recommends selling the shares. The consensus price target is $32.57.
Flee to Canada to Dodge U.S. Bank Stock Risk
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