marshgerda

Financial Stocks to Buy When the Market Reverses

I think your analysis is biased. Yes NCC only had 1% of the total loss, but it is a smaller bank than say BCS which had 2% of the total loss. NCC is worth about 7b, so on May 2007 it was worth say $24b. BCS is worth 60b, so was about 97b in May 2007. So while BCS had 2x the write-offs as NCC, it was worth way more than 2x in market cap and thus has done better, not worse than NCC on a relative basis.