Financial Stocks Showed Strength: National Bank of Greece (NYSE:NBG), Morgan Stanley (NYSE:MS), JPMorgan Chase (NYSE:JPM), Wells Fargo (NYSE:WFC)

National Bank of Greece (ADR) (NYSE:NBG) slid on reports the country’s biggest lender is planning to increase its share capital by as much as EUR2.1bn after the national regulator’s stress test identified a shortfall. National Bank of Greece (ADR) (NYSE:NBG) shares after opening at $4.64 moved to $4.76 on last trade day and at the end of the day closed at $4.46. Company price to sales ratio in past twelve months was calculated as 1.33 and price to cash ratio as 0.67. National Bank of Greece (ADR) (NYSE:NBG) showed a negative weekly performance of -17.25%.

Morgan Stanley (NYSE:MS) and Credit Suisse (CSGN.VX) are advising CapitaLand on the transaction. Morgan Stanley (NYSE:MS) shares advanced 2.07% in last trading session and ended the day on $29.06. MS return on equity ratio is recorded as 5.80% and its return on assets is 0.40%. Morgan Stanley (NYSE:MS) yearly performance is 36.30%.

JPMorgan Chase & Co. (NYSE:JPM), the nation’s biggest bank, kicked off big bank earnings season in a bad way on Friday, reporting net income of $5.27 billion, or $1.28 per share, missing analyst expectations of $1.40 per share. JPMorgan Chase & Co. (NYSE:JPM) shares moved down -0.61% in last trading session and was closed at $54.96, while trading in range of $54.48 – $55.94. JPMorgan Chase & Co. (NYSE:JPM) year to date (YTD) performance is -4.81%.

Wells Fargo & Co (NYSE:WFC), the biggest mortgage lender in the country, also topped analysts’ forecast on its first-quarter earnings Friday. However, the upward momentum seemed to be limited, as investors were reluctant to make a big bet before garnering more evidence of the health of the world’s largest economy from earnings of other major U.S. banks due out later in the week, including Bank of America on Wednesday and Morgan Stanley and Goldman Sachs on Thursday. Wells Fargo & Co (NYSE:WFC) weekly performance is -1.13%. On last trading day company shares ended up $48.11. Wells Fargo & Co (NYSE:WFC) distance from 50-day simple moving average (SMA50) is 1.75%. Analysts mean target price for the company is $50.86.