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Bank Of America: P/E Ratio Comparison To JPMorgan Chase And Wells Fargo
Seeking Alpha The Fed has hiked twice this year, and surprisingly, Bank of America is down over 3.5% since the March Fed hike. Bank of America’s P/E ratio has adjusted lower by 11% YTD moving much lower than the P/Es of JPMorgan Chase and Wells Fargo. It appears … Bank stocks surge after banks get Fed’s blessing to unleash big buybacks, dividends |