NYCB: Quality Assets, High Efficiency & Generous Dividend Add to Upside

In 2010, BAC reported a net loss of $2.2 billion compared to net income of $6.3 billion in 2009. (pg 31) In comparison, WFC reported a profit increase for the full year of 2010. WFC year-end net income was $12.4 billion in 2010 compared to $12.28 billion in 2009. This is a 1% increase. Wells Fargo attributed most of its increase in net income to revenue growth across many business sectors, improvement on asset quality, and the acquisition of Wachovia Corporation. The increase in net income was also attributable to a reduction in provision for credit losses; the bank was able to lessen its

aside $19.5 billion in provisions for loan losses in the fourth quarter, a decline of $13.1 billion

First Hawaiian Bank "is a subsidiary of BancWest Corporation, a regional financial services holding company. BancWest Corporation is a subsidiary of BNP Paribas, a European leader in banking and financial services, with a significant and growing presence in the United States and Asia" (Inside FHB, 2012, First Hawaiian Bank). Despite this international connection, the Bank self-consciously styles itself as a uniquely Hawaiian bank and stresses the 'local' nature of the bank. It is Hawaii's oldest and largest bank.

At 1.8%, the City’s change in net assets is consistent with average or above average standards. This tells us that the City’s financial condition has improved compared to last year in a positive manner.

This company experienced an all-time high in March of 2011 when its close price hit an astounding 93.01 but then dropped by nearly 20 three months later when it closed at 76.95 and then 55.44 in September of that same year. They currently hold a return on equity of 9.61% and a return on assets of 5.24%. The industry that this company is in, oil and gas industry, has seen enormous advances in technology and this has helped toward assisting companies in producing more oil and gas. These technology advancements have allowed them to more accurately find and produce resources in order to maximize profit for the companies. Although the technology efficiency is on the rise, trying to maintain a fresh and talented workforce within the industry is an area that is struggling. Another factor hurting this industry is the decrease in activity and transactions, which took a huge plummet in 2013 compared to 2012. Despite these setbacks, the oil and gas business still maintains to be dynamic due to how critical the resources are to the daily lives of everyone in the world.

“He described RMBS (residential mortgage backed securities) as the worst team to work on at Moody’s. It’s difficult to maintain market share in a market that has become commoditized and where Moody’s expected loss analysis means higher costs for issuers.

In the past month, BAC did not break the $18 per share threshold by topping out at $17.67 on June 23rd; only to see its stock price slip back down to $16.71 per share on July 7th. In the past year, BAC’s stock price failed to break out of its long-term rut by continuing to trade between $15 and $17 per share with nothing signaling that the stock will free itself of the current trading pattern anytime

The opinion of the author will not be influenced by any respondent including Bank X.

As of 2008 it was the third largest bank holding company in the US by assets.

Barkley replied that its situation was strong and that it believes that were the other banks the ones that were quoting lower than effective interbank borrowing cost rates (Kregel 2012. p. 2-4).

Excellent financials, low debt load, 2001 was the 16th consecutive year with record performance. Price/earnings ratio is positive.

As the largest bank in the United States by assets and market capitalization, JPMorgan Chase is a major provider of financial services with assets of $2 trillion and according to Forbes magazine is the world’s largest public company based on a composite ranking.

The Bank of New York provides services to many entities on a worldwide basis. Primarily, the goal of the Bank of New York here in the United States is to provide financial

Alas, due to the worsening financial markets and inadequate regulatory oversight, Northern Rock was finally nationalized as the financial crisis claimed one of its largest victims in the ensuing aftermath.

Priorities: The Bank is focused on “Growth”; while maintaining high credit quality and solid earnings. This is evidenced by the $2.5 billion or 14% increase in loan receivable balance as of December 31, 2014; largely due to the growth in commercial and industrial (“C&I”) loans. Management intends to further grow this portfolio in order to sustain its prominent market position, diversify the portfolio and increase fee-based income streams. Considering that management does not have high tolerance for risk, various steps have been taken, including hiring experienced RMs and providing training commensurate with the degree of unique risk and complexity of these specialized (wide-spectrum of industries) loans; and implementing changes to P&Ps to require heightened monitoring to manage volatility and avoid surprises.