Bank of America
Shares of Bank of America have returned 3% this year. The shares returned 110% in 2012, which was only a partial recovery from an epic 58% decline during 2011. Putting the three periods together, the shares are down 10% since the end of 2010. Bank of America's stock trades for 0.9 times tangible book value, and for 9.2 times the consensus 2014 earnings estimate of $1.29 a share, among analysts polled by Thomson Reuters. The consensus 2013 EPS estimate is $1.00. Despite relatively weak 2012 earnings of $4.188 billion, or $0.25 a share, Bank of America managed to increase its Basel I Tier 1 common equity ratio to 11.06% as of Dec. 31, from 9.86% a year earlier. The company also estimated a Basel III Tier 1 common equity ratio of 9.25% as of Dec. 31, putting it in compliance with the Federal Reserve's proposed capital rules, six years ahead of the January 2019 deadline.
Interested in more on Bank of America? See TheStreet Ratings' report card for this stock.