thannagan

The Case for Financial Stocks

Eric - Forget assets. Can you do the same math with current Equity and a long-term average ROE? What does that give us for target market cap at a 13 P/E versus the $204B?

The Case for Financial Stocks

Eric - Good insight. The numbers and math look factual. I feel though that there are two banking industry worlds now, even more so than in past decades - the handfull of very big boys with their very big problems and the other 8000 banks that are not so encumbered. These two worlds get masked somewhat in the industry stats.