Shares of Bank of America (NYSE:BAC) were trading mostly in the red throughout Friday’s market session, after the results of the Federal Reserve-administered stress tests came back. Bank of America Corp (NYSE:BAC) shares after opening at $18.03 moved to $18.03 on last trade day and at the end of the day closed at $17.56. Company price to sales ratio in past twelve months was calculated as 3.39 and price to cash ratio as 0.32. Bank of America Corp (NYSE:BAC) showed a positive weekly performance of 4.52%.
Regions Financial Corporation (NYSE:RF) gave Chairman and Chief Executive Officer Grayson Hall a 3.9 percent pay raise for his work in 2013. Hall’s total pay for last year was $7.39 million, the Birmingham-based lender said in a filing with the U.S. Securities and Exchange Commission. Regions Financial Corporation (NYSE:RF) shares fell -1.86% in last trading session and ended the day on $11.09. RF return on equity ratio is recorded as 7.20% and its return on assets is 0.90%. Regions Financial Corporation (NYSE:RF) yearly performance is 36.58%.
Citigroup Inc. (NYSE:C) had a comparable gap, a 7.0% minimum according to Fed calculations but a 10.0% minimum in the company-run stress test. Citigroup Inc (NYSE:C) shares moved down -0.28% in last trading session and was closed at $50.08 while trading in range of $49.86 – $51.00 – Citigroup Inc (NYSE:C) year to date (YTD) performance is -3.88%.
Morgan Stanley (NYSE:MS) rose in step with the broader equities market yesterday, tacking on 3% to close at $32.79. In the stock’s options pits, overall volume soared to more than four times the daily average, with calls emerging as the contracts of choice. Morgan Stanley (NYSE:MS) weekly performance is 4.82%. On last trading day company shares ended up $32.60. Morgan Stanley (NYSE:MS) distance from 50-day simple moving average (SMA50) is 6.03%. Analysts mean target price for the company is $33.60.
Leave a Reply