Bank Roundup: A Look at Large & Mid Cap Valuations

  Morgan Stanley (NYSE:MS), in its most recent report on the valuations of large and mid cap banks released last week, analyzes the sector using several different metrics. Those metrics are used in an attempt to discover the banks which are most undervalued by the market. The analysis finds that mid cap banks outperformed larger banks last week, mid cap movers brought an aggregate 1.9% return, while the more valuable institutions lost 0.1% of their value as a whole last week. The S&P 500 lost 0.2% in trading ending last Friday. The move in mid caps seems mostly due to…