NEW YORK, July 25, 2017 /PRNewswire/ --
If you want a Stock Review on BAC, WFC, JPM, or IBN then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Today,
DailyStockTracker.com monitors the following Money Center Banks stocks: Bank of America Corp. (NYSE: BAC), Wells Fargo & Co.
(NYSE: WFC), JPMorgan Chase & Co. (NYSE: JPM), and ICICI Bank Ltd (NYSE: IBN). According to a Zacks report, earnings growth
in Q2 for the Major Banks industry, which includes Money Center operators, is expected to be down -6% from the same period last
year on +3% higher revenues. This would follow the group's strong showing in Q1, when total earnings for the industry increased
+19.4% on +5.9% higher revenues. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:
http://dailystocktracker.com/register/
Bank of America
Shares in Charlotte, North Carolina-based Bank of America Corp. rose 0.46%, ending Monday's
trading session at $23.91. The stock recorded a trading volume of 51.33 million shares. The
Company's shares have gained 4.27% in the last one month, 1.18% over the last three months, and 8.19% on an YTD basis. The stock
is trading 1.34% and 7.13% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Bank of America, which
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, have a Relative Strength Index (RSI) of
48.47.
On July 19 th, 2017, Bank of America announced enhancements to its mobile app
experience that adds on-the-go convenience to small business banking and lending. With the suite of updates, the Bank's small
business clients can now apply for a Business Advantage Term Loan or Business Advantage Credit Line from any Bank of America digital platform, including the Bank of America
mobile banking app and its website. Visit us today and access your complete report on BAC for free at:
http://dailystocktracker.com/registration/?symbol=BAC
Wells Fargo
San Francisco, California headquartered Wells Fargo & Co.'s stock climbed 0.18%, closing
the day at $54.27. A total volume of 18.48 million shares was traded, which was above their three
months average volume of 17.42 million shares. The Company's shares have advanced 3.39% in the past month and 1.16% in the
previous three months. The stock is trading 1.04% and 1.00% above its 50-day and 200-day moving averages, respectively.
Additionally, shares of Wells Fargo, which provides retail, commercial, and corporate banking services to individuals,
businesses, and institutions, have an RSI of 47.19.
On July 19 th, 2017, Wells Fargo announced a new, digital banking experience to help
solve customers' fragmented financial lives. The new experience, "Control Tower," will provide customers a single view of their
'digital financial footprint' - including places their Wells Fargo card or account information is connected, such as recurring
payments, third parties, mobile wallets, devices, and subscriptions - and will enable customers to control when and where
their Wells Fargo account is shared via an on/off function from one single, convenient, and secure place.
On July 21 st, 2017, research firm Berenberg downgraded the Company's stock rating
from 'Hold' to 'Sell'. The complimentary research report on WFC can be accessed at:
http://dailystocktracker.com/registration/?symbol=WFC
JPMorgan Chase
On Monday, shares in New York headquartered JPMorgan Chase & Co. recorded a trading
volume of 10.71 million shares. The stock ended the day 0.43% higher at $91.28. The Company's
shares have advanced 4.90% in the past month, 4.32% in the previous three months, and 5.78% on an YTD basis. The stock is trading
above its 50-day and 200-day moving averages by 3.87% and 8.22%, respectively. Furthermore, shares of JPMorgan Chase, which
operates as a financial services company worldwide, have an RSI of 55.57.
On July 06 th, 2017, research firm Guggenheim resumed its 'Neutral' rating on the
Company's stock.
On July 21 st, 2017, JPMorgan Chase announced that Jamie
Dimon, Chairman and Chief CEO, will present at the Barclays Global Financial Services Conference on September 12 th, 2017, at 1:05 p.m. ET at the New York Hilton Midtown.
A live audio webcast will be available on the day of the conference under the Investor Relations section of the Company's
website. Register for free on DailyStockTracker.com and download the research report on JPM at:
http://dailystocktracker.com/registration/?symbol=JPM
ICICI Bank
Mumbai, India-based ICICI Bank Ltd's stock rose 2.16%, finishing yesterday's session at
$9.47. A total volume of 12.02 million shares was traded, which was above their three months
average volume of 7.84 million shares. The Company's shares have advanced 6.76% in the last one month, 24.46% in the previous
three months, and 39.08% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.08% and 21.50%,
respectively. Additionally, shares of ICICI Bank, which together with its subsidiaries, provides banking and financial services
in India and internationally, have an RSI of 69.91. Get free access to your research report on
IBN at:
http://dailystocktracker.com/registration/?symbol=IBN
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