May 18, 2013
(Investing School, 10/13/08)
The Dow Jones Industrial Average (DOW) shot up 11% (936.42 points) today, roughly representing $305 billion dollars of wealth. While it's a great...(read more)
Sovereign Bancorp (SOV) Company Overview
There is no analysis for SOV yet. But you can go to Wikinvest to help create one!
What's in this SOV analysis on Wikinvest...
- Company Overview
- Business and Financial Metrics
- Business Segments
- Key Trends and Forces
- Sovereign's low share price makes it an acquisition target
- Exposure to Fannie Mae (FNM) and Freddie Mac (FRE) ties Sovereign to the most distressed portion of the financial sector
- Declining value in CDO portfolio due to widespread mortgage defaults and the 2008 Financial Crisis
- Uncertainty on the state of commercial loans could affect Sovereign's healthiest segment