Next Week Is a Big One for Bank Reports

The next seven days will see most of the banks in the KBW large bank index (KBE) reporting.  That should be an interesting time with all the news and gyrations of the past few days.

Here is a list of the members of the index ordered by PE’s based on the street estimate of next year’s earnings.

Significant surprises are likely. We are in a huge guessing game over the banking industry these days. Expect some substantial price adjustments as the reports roll out.

Comments

[helplessobserver]

Great post and a real service. Go BB&T, wow over 7% dividend and it is safe.

[User 225561]

This is a nice service

[Joe Rodney]

What this service shows me is that a stock like BB&T is going nowhere over the next year. The projected PE for next year is about the same as it's PE for last year (6.76 vs.6.59), and less than the current year projection. The dividend may not be all that safe. Remember the Q1 report from WB where they virtually promised that the dividend was safe? Then turned right around and cut it to shreds.