The Best Yielding Money Center Banks Under Book Value Researched By Dividend Yield - Stock, Capital, Investment. Stocks from the money center banks industry still have tough times. Three years after the Lehman collapse, there is still pressure on the banking sector. The investment banking divisions are weak, equity efforts are higher and it harder to make money at low interest rates in struggling economies. The current unattractiveness of the industry can also be an opportunity for cyclic investors.
I screened the money center banks industry by stocks with the best dividend yield as well as an price to book ratio of less than one. The industry has thirty companies listed of which eighteen pay dividends. Only nine of them are below their book value and seven of them have a buy or better rating.
Here is the full table with some fundamentals:
Take a closer look at the full table. The average price to earnings ratio (P/E ratio) amounts to 12.97 and forward P/E ratio is 17.74. The dividend yield has a value of 0.95 percent. Price to book ratio is 0.71 and price to sales ratio 2.58. The operating margin amounts to 17.83 percent.
Related stock ticker symbols:
JPM, PNC, OFG, TCB, KEY, MTU, FBNK, STI, C