Lower expenses, taxes and provisions, management changes and another asset sale support Truist's turnaround, which is just beginning under its new CEO at 1x book. The quarter was mixed, but the most impressive figure is 16-18% ROTCE, similar to Wells Fargo. x.com 

JPMorgan looks remarkably cheap against nearly every other bank despite being the best of them. Its forward P/E looks to be around 13. x.com 

Bank of America screens attractive at 12.3x on Wide Moat Intelligence, backed by an impressive dividend history. x.com 

Nu Holdings trades at only 12x forward earnings despite strong growth, expanding profitability and operating leverage across its businesses and products. It costs under $1 to serve a customer, with no branches, paperwork or hidden fees; it reached 130+ million customers in eleven years and runs a 20% efficiency ratio versus 55% for the average bank. Per @JonahLupton, Q2 revenue rose 50% and net income 67%; he puts it near 11.2x next-twelve-month EPS with fair value of $24-28 per share. x.com  … Show more

Société Générale combines improving returns with a cheap valuation. Return on tangible equity is rising while costs and risk-weighted assets fall and BoursoBank keeps growing, yet the shares trade at 7.1x forward earnings and 0.9x tangible book. Citi reiterates its Buy rating with a new €90 target, sizing BoursoBank as a bank within a bank. x.com