Notable companies
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), HSBC Holdings PLC (NYSE:HSBC), Citigroup (NYSE:C), Barclays PLC (NYSE:BCS).
Industry description
Major banks are among the biggest companies in the world, often times with global reach and market capitalizations in the multi-billions. Large banks often have multiple arms spanning different disciplines, from deposits, to investment banking, to wealth management and insurance. The biggest banks often have key competitive advantages over smaller players in the industry in terms of brand recognition, cost of capital, and efficiency. Think J.P. Morgan, Bank of America, Wells Fargo, and Citigroup.
Market Cap
The average market capitalization across the Major Banks Industry is 89.36B. The market cap for tickers in the group ranges from 191.41M to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is MSL at 191.41M.
High and low price notable news
The average weekly price growth across all stocks in the Major Banks Industry was -2%. For the same Industry, the average monthly price growth was -1%, and the average quarterly price growth was 9%. BCMXY experienced the highest price growth at 11%, while ANZGF experienced the biggest fall at -9%.
Volume
The average weekly volume growth across all stocks in the Major Banks Industry was 121%. For the same stocks of the Industry, the average monthly volume growth was 175% and the average quarterly volume growth was -34%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 46
P/E Growth Rating: 43
Price Growth Rating: 50
SMR Rating: 5
Profit Risk Rating: 47
Seasonality Score: 49 (-100 ... +100)