Our bank portfolio of 9 stocks shows an average return of 11% in the last five trading days compared with a 13% return in the Dow during the same period. This portfolio reflects one set of possible stocks that will very likely underperform the broader market if there’s a reasonably quick Coronavirus-recovery.
The top 3 performers within the portfolio in the last five trading days were:
- Citigroup (15.1% return)
- Morgan Stanley (14.6% return)
- JPMorgan (14.4% return)
The top 3 performers on Friday were:
- U.S Bancorp (-1.1% return)
- BNY Mellon (-1.4% return)
- State Street (-1.5% return)
Portfolio Summary (at market close on Friday March 27)
|Ticker||Market Cap||Stock Price||Return|
|BAC||$188.5 Bil||$21.60||1D: -4.9%||5D: 9.8%||YTD: -38.7%|
|BK||$28.8 Bil||$32.54||1D: -1.4%||5D: 11.9%||YTD: -35.3%|
|C||$91.9 Bil||$43.80||1D: -4.8%||5D: 15.1%||YTD: -45.2%|
|JPM||$280.1 Bil||$91.13||1D: -7.1%||5D: 9.1%||YTD: -34.6%|
|STT||$17.2 Bil||$48.66||1D: -1.5%||5D: 4.3%||YTD: -38.5%|
|USB||$54.4 Bil||$35.35||1D: -1.1%||5D: 9.8%||YTD: -40.4%|
|WFC||$123.8 Bil||$30.28||1D: -2%||5D: 14.3%||YTD: -43.7%|
|GS||$54.5 Bil||$158.34||1D: -4.5%||5D: 14.4%||YTD: -31.1%|
|MS||$52.1 Bil||$34.01||1D: -4.8%||5D: 14.6%||YTD: -33.5%|
Financial Highlights for Top Performer Citigroup
Citigroup’s market cap has declined by $86.6 billion from about $178.5 billion on 12/31/2019 to $91.9 billion now. The company had $74.3 billion in revenue in 2019, from which it derived $19.4 billion in net income and $8.08 in earnings per share.
As a comparison, Goldman Sachs had $36.5 billion in revenue in 2019, from which it derived $8.5 billion in net income and $21.18 in earnings per share and saw its market cap from $84.9 billion on 12/31/2019 to current level of $54.5 billion.
See the Bank portfolio for more financial highlights on each portfolio company.
Reminder: Portfolio Performance Hinges on Speedy Recovery
Our dashboard forecasting US COVID-19 cases with cross-country comparisons analyzes expected recovery time-frames and possible spread of the virus.
Further, our dashboard -28% Coronavirus crash vs. 4 Historic crashes builds a complete macro picture and complements our analyses of the coronavirus outbreak’s impact.