Promising Bank Stocks To Keep An Eye On – November 14th

JPMorgan Chase & Co., Bank of America, and NU are the three Bank stocks to watch today, according to MarketBeat’s stock screener tool. Bank stocks are shares of publicly traded banks and similar financial institutions that give investors an ownership stake in companies that accept deposits, make loans, and provide payment and other financial services. Their prices and dividends depend heavily on factors like interest rates, net interest margins, loan-loss provisions, credit cycles and regulatory changes. Investors often buy bank stocks for dividend income and as cyclical plays on the economy, but they carry risks tied to credit stress and shifts in monetary policy. These companies had the highest dollar trading volume of any Bank stocks within the last several days.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

Bank of America (BAC)

Bank of America Corporation, 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. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

NU (NU)

Nu Holdings Ltd. is a holding company, which engages in the provision of digital banking services. The company was founded by David Vélez Osorno, Cristina Helena Zingaretti Junqueira, and Adam Edward Wible on February 26, 2016 and is headquartered in George Town, Cayman Islands.