BANK VALUATIONS SINCE 1st JANUARY 2016 – THE SITUATION IS MARGINALLY WORSE SINCE LAST THURSDAY – 4th February

BANK VALUATIONS SINCE 1st JANUARY 2016 – THE SITUATION IS MARGINALLY WORSE SINCE LAST THURSDAY – 4th February

 

 

BANK Share price 1/1/16 Share price 9/2/16 % loss
HSBC 542p 440.10p -18.8%
BARCLAYS 220p 162.2p -26.7%
LLOYDS 73.07p 59.43p -18.6%
RBS 302.3p 230.8p -23.7%
STANDARD CHARTERED 578.4p 427p -26.2%
JP MORGAN $67.04 $56.00 -16.5%
CITIGROUP $50.75 $36.90 -27.3%
BANK OF AMERICA $17.03 $12.30 -27.8%
WELLS FARGO $54.51 $46.50 -14.7%
DEUTSCHE BANK €23.01 €14.02 -39.1%
UBS CHF19.53 CHF1420 -27.3%
CREDIT SUISSE CHF 21.80 CHF13.64 -37.4%
BNP PARIBAS €51.78 €39.28 -24.1%
SOCIETE GENERALE €41.88 €29.74 -28.8%
CREDIT AGRICOLE €10.75 €8.07 -24.9%
SANTANDER €4.55 €3.55 -24.2%
BBVA €6.60 €5.58 -15.5%
UNICREDIT €5.05 €2.95 -41.6%
ING €12.20 €9.84 -19.3%
GOLDMAN SACHS     

MORGAN STANLEY

$181.16

$30.07

$149.25

$22.67

-17.6%

-24.6%

 

 

The penny has finally dropped!  The deterioration of banks’ share capital value cannot be swept under the carpet.  It will of course not have escaped the attention of all Central banks and the regulators. It may be necessary for the FED, ECB, BOJ, RSA and BOE to comment before too long. Unlike the last banking crisis neither Australia nor Canada have been immune from a measurable degree of fall-out!

 

It is interesting to note that those who invested in banks in 2006 would have shown no return apart from some dividends.

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