Advertisement
Canada markets closed
  • S&P/TSX

    22,308.93
    -66.90 (-0.30%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CAD/USD

    0.7317
    +0.0006 (+0.08%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • Bitcoin CAD

    83,309.54
    -2,571.08 (-2.99%)
     
  • CMC Crypto 200

    1,259.40
    -98.61 (-7.26%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • RUSSELL 2000

    2,059.78
    -13.85 (-0.67%)
     
  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     
  • NASDAQ

    16,340.87
    -5.40 (-0.03%)
     
  • VOLATILITY

    12.55
    -0.14 (-1.10%)
     
  • FTSE

    8,433.76
    +52.41 (+0.63%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • CAD/EUR

    0.6789
    +0.0011 (+0.16%)
     

Free Stock Performance Review on Bank of America and Three Additional Banking Stocks

Stock Research Monitor: HOMB, IBN, and JPM

LONDON, UK / ACCESSWIRE / June 21, 2018 / If you want a free Stock Review on BACsign up now at www.wallstequities.com/registration. Today, WallStEquities.com revisits the Money Center Banks industry, which comprises financial institutions that are similar in structure to a common bank; however, their borrowing and lending activities are with governments, large corporations, and regular banks that are usually located in major economic centers such as London, Hong Kong, Tokyo, and New York. Under assessment this morning are the following equities: Bank of America Corp. (BAC), Home Bancshares Inc. (Conway, AR) (HOMB), ICICI Bank Ltd (NYSE: (IBN), and JPMorgan Chase & Co. (JPM). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Bank of America

Charlotte, North Carolina-based Bank of America Corp.'s stock finished Wednesday's session 0.07% lower at $29.24 with a total trading volume of 46.50 million shares. Over the past year, the Company's shares have advanced 24.48%. The stock is trading above its 200-day moving average by 0.48%. Moreover, shares of Bank of America, which through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide, have a Relative Strength Index (RSI) of 40.74.

ADVERTISEMENT

On June 12th, 2018, Bank of America announced that it has surpassed one million users on Erica, the first widely available AI-driven virtual assistant in financial services, available to clients in its mobile banking app. The milestone was reached within two months of completing its phased rollout, making Erica available to mobile clients across the US. Get the full research report on BAC for free by clicking below at:

www.wallstequities.com/registration/?symbol=BAC

Home Bancshares

Shares in Conway, Arkansas headquartered Home Bancshares Inc. (Conway, AR) declined slightly by 0.09%, ending yesterday's session at $23.19 with a total trading volume of 732,151 shares. The stock is trading 0.03% above its 50-day moving average. Shares of the Company, which operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities, have an RSI of 51.19.

On June 18th, 2018, research firm Citigroup initiated a 'Buy' rating on the Company's stock, with a target price of $28 per share.

On June 19th, 2018, Home Bancshares announced that it expects to release its Q2 2018 earnings before the market opens on July 19th, 2018. Management will conduct a conference call at 2:00 p.m. ET that same day to review these earnings. The call will be available live on the Company's website. Find your free research report on HOMB at:

www.wallstequities.com/registration/?symbol=HOMB

ICICI Bank

On Wednesday, Mumbai, India-based ICICI Bank Ltd's stock climbed 1.16%, to close the day at $8.71. A total volume of 5.03 million shares was traded. The Company's shares have advanced 2.59% in the last month. The stock is trading 1.04% above its 50-day moving average. Additionally, shares of ICICI Bank, which together with its subsidiaries, provides banking and financial services in India and internationally, have an RSI of 55.59. Sign up today for the free research report on IBN at:

www.wallstequities.com/registration/?symbol=IBN

JPMorgan Chase

Shares in New York headquartered JPMorgan Chase & Co. ended the day 0.01% lower at $107.54. A total volume of 7.74 million shares was traded. The stock has gained 22.87% over the past year. The Company's shares are trading above their 200-day moving average by 0.92%. Furthermore, shares of JPMorgan Chase, which operates as a financial services company worldwide, have an RSI of 40.41.

On June 18th, 2018, J.P. Morgan Asset Management, a subsidiary of JPMorgan Chase, announced the launch of the JPMorgan BetaBuilders MSCI US REIT ETF (BBRE), which seeks to replicate the performance of the MSCI US REIT Index. The MSCI US REIT Index is a free-float adjusted market-cap weighted index comprised of equity Real Estate Investment Trusts. Wall St. Equities' research coverage also includes the downloadable free report on JPM at:

www.wallstequities.com/registration/?symbol=JPM

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

WSE has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@wallstequities.com
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Wall St. Equities