The next seven days will see most of the banks in the KBW large bank index (proxy KBE) reporting. That should be an interesting time with all the news and gyrations of the past few days.
Here is a list of the members of the index ordered by PE’s based on the street estimate of next year’s earnings.
Significant surprises are likely. We are in a huge guessing game over the banking industry these days. Expect some substantial price adjustments as the reports roll out.
Richard Shaw
QVM Group LLC
[Securities mentioned in this article: KBE, RF, HBAN, ZION, WB, BAC, C, COF, BBT, KEY, CMA, MI, STI, FTIB, USB, WFC, JPM, MTB, PNC, BK, STT, NTRS, PBCT, NCC, WM]