Financial Services Update
Valuation tables for large cap stocks in the Money Center Bank and Brokerage Sectors

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August 2004

NOTE: Please confirm through your own research any numbers on which you are to make a buy, sell or hold decision.


Money Center Banks for 8-31-04


Money Center Banks News

Monthly Sector Summary     During the month of August, the year-to-date sector price performance went from a -1.93% [loss] to +0.54% [gain], 04 EPS growth estimates went from 16.11% to 15.82% [blaim UBS], and yields fell from 3.46% to 3.31% - a decline of 12 basis points. The 10-year Treasury note yielded 4.12% [vs 4.47% last month - down 35 basis points].


Brokers for 8-31-04


Broker News

Month Ending Sector Summary     During the month of August, the year-to-date sector price losses fell from a decrease of 10.07% to a decrease of 5.68% and 04 EPS growth estimates fell from 26.06% to 25.65%. Yield went from 1.08% to 1.03%

    
    


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