- At Monday's close, JPMorgan's shares traded for 8.5 times the consensus 2014 earnings estimate of $6.11 a share, among analysts polled by Thomson Reuters.
- Shares of Citigroup closed at $49.60 Monday and traded for 8.9 times the consensus 2014 EPS estimate of $5.57.
- Bank of America closed at $14.49 and traded for 10.5 times the consensus 2014 EPS estimate of $1.38.
- Wells Fargo's shares closed at $42.39 and traded for 10.5 times the consensus 2014 EPS estimate of $4.02.
Payment ProcessorsVisa and MasterCard are both valued highly by the market, because of their stellar track records for growth. Visa's shares trade for 19.7 times the consensus fiscal 2014 EPS estimate of $8.90, while MasterCard trades for 20.1 times the consensus 2014 EPS estimate of $30.68. The payment processing scene is quite unsettled at the moment, after U.S. district court judge Richard J. Leon in Washington ruled on July 31 that the Federal Reserve had "clearly disregarded Congress's statutory intent by inappropriately inflating all debit card transaction fees by billions of dollars and failing to provide merchants with multiple unaffiliated networks for each debit transaction."
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