Banks still fucked

...according to data compiled by Bloomberg (see table below). Citigroup’s 2011 EPS is forecast to be 89 percent lower than in 2006, while Bank of America and Zurich-based UBS AG will probably fall more than 60 percent below 2006 levels on a per- share basis, estimates show.

Bank Reported Estimated Change
2006 EPS 2011 EPS


Bank of America $4.72 $1.53 -68%

Barclays GBP 0.67 GBP 0.39 -42%

Citigroup $4.25 $0.45 -89%

Credit Suisse CHF 7.53 CHF 5.74 -24%

Deutsche Bank EU 12.48 EU 7.79 -38%

Goldman Sachs $19.69 $18.53 -5.9%

HSBC GBP 1.22 GBP 0.99 -19%

JPMorgan Chase $3.82 $4.64 +21%

Morgan Stanley $6.82 $3.34 -51%

UBS CHF 5.17 CHF 1.99 -62%

-Bloomberg