What's Going On With Bank Of America (BAC) And Wells Fargo (WFC) Shares
What's Going On With Bank Of America (BAC) And Wells Fargo (WFC) Shares
Bank of America Corp (NYSE:BAC) and Wells Fargo & Co (NYSE:WFC) shares are trading lower by 4.3% to $37.78 and 6.6% to $53.14, respectively, Friday. Shares of several banks and financial services companies are trading lower amid weaker-than-expected U.S. job data, which raises concerns about economic slowdown and increases the likelihood of a Federal Reserve rate cut.
美國銀行公司(紐交所:BAC)和富國銀行股份有限公司(紐交所:WFC)的股票價格分別下跌了4.3%至37.78美元和6.6%至53.14美元。多家銀行和金融服務公司的股票價格下跌,因美國就業數據不及預期,引發了人們對經濟增長放緩的擔憂,增加了聯邦儲備委員會減息的可能性。
Read Also: Market Turmoil: July Jobs Report, Geopolitical Risks Spark Stock Sell-Off As Traders Flee To Treasuries, Yen, Gold
同樣閱讀:市場動盪:七月就業報告、地緣政治風險引發股票拋售,交易員流向國債、日元、黃金。
What Else?
還有什麼其他消息嗎?
The U.S. jobs report showed slower-than-expected job creation and a rise in the unemployment rate, indicating underlying economic weakness. For banks like BofA and Wells Fargo, weaker economic conditions can lead to reduced consumer and business borrowing, higher credit risk, and potentially lower profits from loans and other financial services.
美國的就業報告顯示,新增就業崗位增長速度低於預期,失業率上升,表明基礎經濟狀況疲軟。對於類似美國銀行和富國銀行這樣的銀行而言,經濟疲軟可能會導致消費者和企業借款減少、信貸風險上升,並可能來自貸款和其他金融服務的利潤下降。
A weaker labor market often correlates with reduced spending and borrowing, which can hurt banks' revenues and profitability. The weaker-than-expected jobs data increased market expectations for a rate cut by the Federal Reserve in September.
勞動力市場的疲軟通常與支出和借貸減少相關,這可能會損害銀行的收入和盈利能力。就業數據低於預期增加了市場對於聯邦儲備委員會在九月份減息的預期。
Read Also: Poll Finds Over 70% Believe 2024 Stock Market Peak Not Yet Reached
同樣閱讀:超過70%的人認爲2024年股市高峰尚未到來。
For banks, a lower interest rate environment means reduced profit margins on loans and other financial products. Banks generally benefit from a higher interest rate spread between what they earn on loans and what they pay on deposits, so a significant cut in rates can squeeze their profit margins.
對於銀行來說,低利率環境意味着貸款和其他金融產品的利潤率降低。銀行通常受益於貸款利率和存款利率之間的較高利率差,因此利率顯著下降可能會擠壓它們的利潤率。
Additionally, Friday's global market downturn and heightened geopolitical risks (e.g., tensions in the Middle East) contribute to overall market uncertainty. In such environments, investors may seek safer assets, leading to declines in bank stocks as part of a broader sell-off.
此外,全球市場的下跌和加劇的地緣政治風險(例如中東的緊張局勢)共同促成了整體市場的不確定性。在這種環境下,投資者可能會尋求更安全的資產,導致銀行股票下跌並帶動更廣泛的拋售。
Is BAC A Good Stock To Buy?
美國銀行股票是否值得購買?
When deciding whether to buy a stock, there are some key fundamentals investors may want to consider. One of these factors is revenue growth. Buying a stock is essentially a bet that the business will continue to grow and generate profits in the future.
當決定是否購買一隻股票時,投資者可能需要考慮一些關鍵的基本面因素。其中之一是營收增長。買入股票本質上是押注企業將來會持續增長併產生利潤。
It's also important to pay attention to valuation when deciding whether to buy a stock. Bank of America has a forward P/E ratio of 11.98. This means investors are paying $11.98 for each dollar of expected earnings in the future. The average forward P/E ratio of Bank of America's peers is 10.99.
決定是否購買一隻股票時,注意估值也很重要。美國銀行的預期市盈率爲11.98。這意味着投資者未來每一美元的收益要付出11.98美元的代價。美國銀行同行業平均預期市盈率爲10.99。
Other important metrics to look at include a company's profitability, balance sheet, performance relative to a benchmark index and valuation compared to peers. For in-depth analysis tools and important financial data, check out Benzinga PRO.
還要注意一家公司的盈利能力,資產負債表,相對基準指數的表現以及與同行的估值等其他重要指標。有關深入分析工具和重要財務數據,請查看Benzinga PRO。