Top Bank Stocks To Add to Your Watchlist – January 18th

JPMorgan Chase & Co., Bank of America, and Wells Fargo & Company are the three Bank stocks to watch today, according to MarketBeat’s stock screener tool. Bank stocks are shares of publicly traded banks and other deposit-taking financial institutions; owning them gives investors an ownership stake in those firms and a claim on their profits. Their performance is driven mainly by interest-rate spreads, loan credit quality and regulatory conditions, so they tend to be sensitive to economic cycles and banking-sector-specific risks (and often pay dividends). These companies had the highest dollar trading volume of any Bank stocks within the last several days.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

Wells Fargo & Company (WFC)

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.