Register/Subscribe
Home

Monday, July 06, 2009
 =Subscribers Only
The BusinessWeek 50
BANKS
Last year was boom time for bankers. A surging economy and binging borrowers boosted the results of financial giants. Big gains in credit-card business helped Providian Financial Corp., No.6, increase net income by 18% in the past year. After a string of acquisitions, FleetBoston Financial Corp., No.15, reaped the benefits of merger efficiencies to help it return 57.5% to shareholders. Alas, loan growth is slowing, and problem loans are mounting as the economy sputters. Next year, banks may well long for the days of double-digit growth.
Back to Main Industries Page


RANKINGSMARKET VALUE SALES PROFITABILITY INVESTMENT DATA
20012000Company Feb. 28 2001 $Mil. Tot. Ret.
1-yr.		 Tot. Ret.
3-yr.		 12-Mo. 2000 $Mil. %Chg. from 1999 %Chg. 3-yr. Avg. 12-Mo. 2000 $Mil. %Chg. from 1999 %Chg. 3-yr. Avg.Net Marg. 2000 Net Marg. 1999Ret. on Inv. Cap.Ret. on Common EquityRec. Share Price $12-Mo. High/ Low P-E RatioDiv. YieldEPS 2000Est. EPS 2001
BANKS
INDUSTRY AVERAGE		 24821.1 45.3 20.2 11983.7 12 20.6 1331.7 -17 16.9 11.1 15 8.3 14.1 45 52/28 19 2.76 2.34 2.95
1 6 Providian Financial 14297.9 55 166.4 5948.3 47 71.8 651.8 18 53.6 11 13.6 20.6 32.1 50 67/30 22 0.24 2.23 3.4
2 15 FleetBoston Financial 37329.6 57.5 14.3 22608 13 42.6 3420 68 35.5 15.1 10.2 7.6 20.9 41 44/25 11 3.2 3.68 3.66
3 46 U.S. Bancorp 22056.9 34.1 26.3 6997.8 9 78.8 1283.6 47 77.5 18.3 13.6 12.3 19.7 23 28/15 18 2.8 1.32 1.76
4 54 Wells Fargo 85115 53.1 28.7 27568.0y 15 39.2 4026 0 49.1 14.6 16.8 6.7 15.1 50 56/31 21 1.93 2.33 2.89
5 55 MBNA 28006.6 45.2 42.2 7420.7a 20 20.6 1208.5a 28 27.7 16.3 15.3 9.8 19 33 40/21 23 1.1 1.43 1.85
6 61 Fifth Third Bancorp 25057.7 57.3 59.4 4276.1 18 19.6 862.9 29 23.2 20.2 18.5 9.2 19.5 54 61/29 29 1.34 1.83 2.39
7 111 Northern Trust 15806.3 26.8 92.6 3548.1y 27 15.4 485.1 20 16 13.7 14.4 12.4 19.5 71 92/51 34 0.87 2.08 2.34
8 136 Synovus Financial 7905.9 73.5 24.7 1931.3 19 16.9 262.6 17 16.5 13.6 13.8 12.6 19.5 28 28/14 30 1.83 0.92 1.05
9 137 State Street 16243.9 38.7 66.1 5921.0y 26 19 595 -4 18.5 10 13.2 13.3 18.2 100 137/62 28 0.76 3.63 4.06
10 143 SunTrust Banks 19473.6 32.9 -4.8 8619 14 21.2 1294.1 15 23.8 15 14.8 7.5 15.7 66 68/42 15 2.43 4.3 4.77
11 148 Bank of New York 38313.4 57.9 85.1 7486.0y 7 10.6 1429 -18 12.2 19.1 25 13.4 23.2 52 59/30 27 1.39 1.92 2.17
12 159 Comerica 9989.5 78.5 2.4 4087.5y 21 8.4 749.3 11 12.1 18.3 19.8 6.1 18.3 64 65/33 14 2.77 4.63 5.06
13 160 SouthTrust 7153 90.5 12.3 3899.8 16 15.7 482.3 9 16.7 12.4 13.2 11.2 15.1 42 45/21 15 2.65 2.86 3.1
14 182 J.P. Morgan Chase 89983.8 -9.8 20.6 60065.0y 16 28.6 5727 -24 22 9.5 14.5 6.2 13.3 47 67/32 16 2.74 2.86 3.65
15 183 BB&T 14373.6 58.4 25.1 5116.7 10 24.5 626.4 -11 21.2 12.2 15.2 4.9 14.4 36 38/22 23 2.55 1.55 2.45
16 188 Old Kent Financial 5553.1 63.6 27.8 2140.8 12 18 278.3 0 16.4 13 14.6 13.5 17.3 40 45/23 20 2.42 2 2.5
17 199 PNC Financial Services Group 20155 85.6 37.6 7623 8 2.4 1214 1 5.2 15.9 17.1 7.5 18 70 76/36 17 2.76 4.09 4.64
18 200 Mellon Financial 22540.9 57.1 58.8 5979.0y 0 5 1007 2 9.7 16.8 16.5 11.6 24.3 46 52/27 23 1.9 2.03 2.27
19 237 National City 16569.9 49.4 -5.7 9050.8 9 7.4 1302.4 -7 7.5 14.4 16.9 7 19.2 27 30/16 13 4.19 2.13 2.28
20 242 Regions Financial 6593.1 55.3 -16.4 3835.5 13 12.4 527.5 0 11.3 13.8 15.5 6.6 15.3 30 31/18 13 3.73 2.38 2.36
21 251 Bank of America 80600.9 14.5 -18.8 57747 12 4.7 7517 -5 8.8 13 15.3 6.2 15.8 50 61/36 11 4.48 4.52 4.94
22 278 Wachovia 12844.2 14.9 -12.9 7276.6 16 10.8 832.3 -18 12.3 11.4 16.1 5.4 13.7 63 75/47 16 3.8 4.07 5.4
23 286 KeyCorp 11004.6 61.3 -15.9 8139.0y 6 7.5 1002 -9 3.7 12.3 14.5 4.6 15.4 26 29/16 11 4.54 2.3 2.49
24 321 Union Planters 5128 48 -28.5 3087.1 10 3.4 409.3 0 12.2 13.3 14.6 10.6 14 38 40/25 13 5.26 3 3.23
25 416 Huntington Bancshares 3747.2 -17.5 -38.7 2602.1 4 3.7 328.4 -22 7.1 12.6 16.9 5.3 14.4 15 21/13 11 5.36 1.32 1.17
26 417 AmSouth Bancorporation 6511.7 28.7 -22.3 3811.5a 1 39.2 140.0a -74 -5.7 3.7 14.3 1.6 5.1 17 20/12 48 4.82 0.36 1.45
27 436 Bank One 40913.2 41.7 -30.5 25168 -3 21.6 -511.0 NM NC -2.0 13.4 -0.9 -2.8 35 42/24 -78 2.38 -0.45 2.7
28 440 First Union 31721.4 16.1 -29.5 23589.0y 7 7.6 138 -96 -58.6 0.6 14.6 0.3 0.9 32 39/24 270 2.97 0.12 2.6

Aerospace
Automotive
Banks
Chemicals
Conglomerates
Consumer Goods 		Packaging
Retailing
Electronics
Food
Fuel
Health Care 		Housing & Real Estate
Leisure Activity
Manufacturing 		Metals & Mining
Financial
Office Equip. & Computers 		Paper & Forest Products
Publishing & Broadcasting
Service Industries
 Telecommunications
Transportation
Utilities

Copyright 2001, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use | Privacy Policy



The McGraw-Hill Companies