Seeking Alpha

Factoids'  Instablog

Factoids
Send Message
I seek to liberate investors from the chains of borrowed opinions by teaching metric awareness that leads to the formation of your own opinions. I lack the usual attributes that qualifies me to write on investing. I am a retail investor. But I do gather, process and analyze significantly more... More
My blog:
Factoids' Instablog
  • EPS Projection Accuracy - Region Banks Of The South & West 0 comments
    Mar 22, 2014 2:15 PM

    What if one were choosing between two banks with near equal yields and dividend projection CAGRs - Bank A and Bank B - for an upcoming purchase. It is logical to compare their P/E ratios and dividend to EPS ratios. That kind of comparison is elementary. But what if one of the banks had greater EPS projection accuracy? That would be a big factor in my decision. And that is a reason why I believe there should logically be significant differences in the required rate of returns in this sector.

    Intra-year Changes in EPS estimates by Year

     

     2007200820092010201120122013Accuracy
    BankBeginEndChngBeginEndChngBeginEndChngBeginEndChngBeginEndChngBeginEndChngBeginCurChngRating

    BOKF3.593.22-10%3.642.27-38%3.102.96-5%3.073.5114%3.634.1715%4.325.1319%4.674.62-1%1.5
    BOH3.973.69-7%3.964.063%3.413.00-12%3.133.8021%2.963.3915%3.253.6713%3.453.37-2%1.0
    BXS1.741.69-3%1.791.45-19%1.381.25-9%1.300.27-79%0.570.45-21%0.740.9022%0.970.981%3.0
    CATY2.392.432%2.431.37-44%1.190.10-92%0.100.100%0.681.0656%1.361.28-6%1.451.43-1%2.0
    CBSH3.162.82-11%3.132.41-23%2.652.07-22%2.262.5212%2.812.820%2.832.902%2.832.75-3%1.8
    CFR3.713.61-3%3.783.50-7%3.662.80-23%3.233.447%3.713.58-4%3.633.866%3.833.78-1%1.2
    CYN4.994.52-9%4.932.84-42%2.690.16-94%1.192.3698%3.203.210%3.603.836%3.994.113%2.2
    EWBC2.592.600%2.590.10-96%0.310.10-68%0.780.9623%1.341.6019%1.751.887%2.002.105%2.0
    FHN2.810.10-96%1.350.10-93%0.100.100%0.020.10400%0.410.5022%0.660.10-85%0.840.06-93%4.0
    FNB1.211.15-5%1.180.44-63%1.070.32-70%0.580.592%0.730.70-4%0.840.840%0.880.84-5%2.2
    GBCI1.291.26-2%1.351.19-12%1.180.56-53%0.550.6111%0.740.24-68%0.881.0519%1.131.3116%2.5
    HBHC3.102.27-27%2.622.05-22%2.512.26-10%2.171.40-35%1.802.0212%2.542.13-16%2.622.09-20%5.0
    PB2.162.09-3%2.231.86-17%2.192.4110%2.582.736%2.763.019%3.043.236%3.423.585%1.0
    RF2.932.26-23%2.690.10-96%0.260.10-62%0.100.100%0.130.1731%0.470.7457%0.780.814%2.5
    TRMK2.191.88-14%2.011.59-21%1.361.403%1.321.5719%1.601.59-1%1.601.7811%1.841.914%2.0
    UMBF1.671.776%1.972.3821%2.302.20-4%2.252.260%2.282.6416%2.613.0416%2.973.146%1.0
    UMPQ1.871.26-33%1.380.91-34%0.560.10-82%0.150.150%0.590.6612%0.780.9319%0.880.958%2.5
    WABC2.992.98-0%3.073.091%3.073.173%3.363.21-4%3.373.06-9%3.272.93-10%2.802.52-10%2.7
    ZION6.084.42-27%5.150.10-98%1.040.10-90%0.100.100%0.400.85112%1.611.22-24%1.732.3536%4.0

Back To Factoids' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.