Federal Reserve Bulletin

Profits and Balance Sheet Developments at U.S. Commercial Banks in 2005

Figure 16. Bank stock prices, by market value of bank, and the S&P 500, 2001-06. Data plotted as curves. Indexed data, January 2005 = 100. The price for the 50 largest banks starts in 2001 at about 80, declines on balance to reach about 65 in early 2003, rises on balance to reach about 100 in late 2004, and stays at about that level through early 2006. The price for the 225 largest banks starts in 2001 at about 45, rises on balance to about 60 in mid-2002, declines on balance to about 50 in early 2003, rises on balance to about 105 in late 2004, then oscillates between about 95 and 105, ending at about 105 in early 2006. The price for the S&P 500 begins in 2001 at about 115, declines on balance to about 75 in early 2003, then rises on balance to about 110 in early 2006.

Note: The data are monthly and extend through March 2006. Stock prices are weighted by market value.

Source: Standard & Poor's and American Banker.  Return to article