- Citigroup closed at $27.67 Wednesday, returning 5% year-to-date, following a 44% decline last year. The shares trade for just over half their reported March 31 tangible book value of $50.90, and for six times the consensus 2013 EPS estimate of $4.63. The consensus 2012 EPS estimate is $4.12.
- Shares of Bank of America closed at $7.50 Wednesday, returning 35% year-to-date, after dropping 58% in 2011. The shares trade for just 0.6 times their reported March 31 tangible book value of $12.87, and for 7.5 times the consensus 2012 EPS estimate of $1.01. The consensus 2012 EPS estimate is 59 cents.
- As the strongest earner among the big four -- with returns on average assets ranging from 1.21% to 1.30% over the past five quarters, according to Thomson Reuters Bank Insight -- Wells Fargo trades the highest relative to tangible book value and earnings estimates. The shares closed at $31.58 Wednesday, returning 16% year-to-date, following last year's 10% decline, and trade for 1.9 times tangible book value, and for nine times the consensus 2013 EPS estimate of $3.67. The consensus 2012 EPS estimate for Wells Fargo is $3.27.
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