March 5, 2021

Economix Blog: For Some Banks, Prices Are Below 2008

Mizuho Financial, Japan: -24% from 2008-’09 low, -26% since the beginning of 2011

Sumitomo Mitsui, Japan, -16%, -24%

Mitsubishi UFJ, Japan, -8%, -20%

Credit Suisse, Switzerland, -4%, -42%

Crédit Agricole, France, 0%, -36%

Bank of China, China, +4%, -9%

Commerzbank, Germany, +5%, -57%

Sumitomo Mitsui, Japan, +7%, -24%

Bank of New York Mellon, U.S., +7%, -36%

Société Générale, France, +16%, -48%

Industrial and Commercial Bank of China, +23%, -3%

UBS, Switzerland, +35%, -12%

Lloyds Bank, Britain, +42%, -57%

Banco Santander, Spain, +52%, -23%

UniCredit, Italy, +54%, -42%

Banco Paribas, France, +58%, -31%

Hang Seng Bank, Hong Kong, +61%, -15%

Nordea Bank, Sweden, +66%, -27%

HSBC, Britain, +68%, -22%

Morgan Stanley, United States, +76%, -40%

Deutsche Bank, Germany, +76%, -30%

Bank of America, United States, +122%, -48%

Citigroup, United States, +170%, -24%

Wells Fargo, United States, +191%, -24%

Barclays, Britain, +194%, -42%

Article source: http://feeds.nytimes.com/click.phdo?i=bfeae9335cf9dd97abd4766e144c6173

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