Tuesday, July 10, 2007

National City Corp.

National City Corp. is among the world’s largest Regional Banks sector businesses in the world. National City Corp.’s employees generate $2.160B in profits on $7.954B of revenue. Global output in the Regional Banks business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but National City Corp. is determined to remain a market leader. Sectoral leadership in the Regional Banks segment takes dedication and consistency, but management seeks out-sized growth.

National City Corp.’s ticker symbol NCC has recently been trading near $34.12 a share. The National City Corp. corporate headquarters in Cleveland OH predicts Regional Banks profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $19.645B ensures sufficient liquidity. With a beta of 0.32, the company is less volatile than the market as a whole. When the average equity moves lower, National City Corp. moves less aggressively.

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