National City Bank has 664,600,000 shares of common stock outstanding that are currently selling for $27.38 per share on the New York Stock Exchange. If National City's net income was $2,459,020,000 in the year that just ended, what was its earnings per share and what is its current price-earnings ratio? (Round answers to 2 decimal places, e.g. 15.25.) Earnings per share $ Price-earnings ratio times If the typical price-earnings ratio for a bank is currently 15, what does the price-earnings ratio for National City tell you about its prospects? The market is optimistic about National City's prospects than it is about the prospects of the typical bank. e Textbook and Media Save for Later Attempts: 0 of 2 used Submit