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Which Bank is the best to buy now?

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Which Bank is the best to buy now? by : 5:20 am On September 23, 2018
Ali Muhammed asked 8 months ago

I want to add two banks to my portfolio and with this Skye Bank’s issue, I don’t want to buy into a company that will fold up tomorrow, can you share an idea on how I can pick good banking stocks to make money from?

1 Answers
Oge Staff answered 8 months ago

I think what you should focus on are: Stability and Profitability. Banks that have high capital adequacy ratio and low cost of risk (low non-performing loan compared to industry average) are worth taking a look at.
You can read more on how to the analysis of banking stocks here

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2 Growth Stocks You Can’t Afford to Miss in 2019 / At What Price Will CCNN Stock Turnaround? / Is The New Access Bank Destined for Greatness? / Here is Everything You Should Know About FGN Savings Bond / 3 Things to Do if You’re in your 40 With No Passive Income /  

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