J.P. Morgan Chase & Co. (NYSE:JPM) like most of its big-bank brethren, came in with a relatively lower predicted capital ratio, of 6.3%. But its stock rose on analysts’ belief that the test was roughly in line with the bank’s own expectations, as J.P. Morgan had predicted in its own stress test that it would have a capital ratio of about 6.5%. JPMorgan Chase & Co. (NYSE:JPM) shares after opening at $60.96 moved to $61.20 on last trade day and at the end of the day closed at $60.17. Company price to sales ratio in past twelve months was calculated as 4.27. JPMorgan Chase & Co. (NYSE:JPM) showed a positive weekly performance of 5.93%.
Wells Fargo & Company (NYSE:WFC) released the results of its company-run stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act. Wells Fargo & Co (NYSE:WFC) shares advanced 0.18% in last trading session and ended the day on $49.12. WFC return on equity ratio is recorded as 13.90% and its return on assets is 1.40%. Wells Fargo & Co (NYSE:WFC) yearly performance is 36.07%.
Bank of New York Mellon Corp. (NYSE:BK) had its neutral rating reaffirmed by analysts at Zacks. They currently have a $34.00 target price on the stock. Zacks’ analyst wrote, “BNY Mellon’s fourth-quarter 2013 earnings were in line with the Zacks Consensus Estimate. The Bank of New York Mellon Corporation (NYSE:BK) shares moved up 0.09% in last trading session and was closed at $35.25 while trading in range of $35.11 -$35.85 – The Bank of New York Mellon Corporation (NYSE:BK) year to date (YTD) performance is 1.35%.
Shares of U.S. Bancorp (NYSE:USB) were the recipient of some unusual options trading on Friday. Stock investors purchased 29,189 call options on the stock, AR Network reports. This represents an increase of 470% compared to the typical daily volume of 5,117 call options. U.S. Bancorp (NYSE:USB) weekly performance is 3.56%. On last trading day company shares ended up $43.02. U.S. Bancorp (NYSE:USB) distance from 50-day simple moving average (SMA50) is 5.18%. Analysts mean target price for the company is $43.52.