All six of them generated US generally accepted accounting principles (US GAAP) Net Income From Continuing Operations in the 2Q 2013 of in excess of $1 bil each.
These six generated total after tax earnings in the 2Q 2013 of $23.155 bil, which was an increase of an amazingly high 40% over the 2Q 2012.
And all six of them had up earnings, with a low of up 19% and a high of up 101%.
All I can say is.....how can so many in the US Congress see nothing wrong with these eye-popping big financial industry earnings when so many US citizens are suffering so severely economically?
And why in the world are so many in the US Congress more concerned about Big Financial Industry quarterly earnings than they are about the economic status of US citizens, including students with education loans with very high interest rates and including so many people being harmed severely by the US Congress mandated Sequester?
Below here are the earnings of these US Big Six Financial Corps for the 2Q 2013 and for the comparable 2Q 2012:
| 2Q 2013 | 2Q 2012 | |||
| US GAAP | US GAAP | |||
| Net | Net | |||
| Income | Income | |||
| From | From | |||
| Continuing | Continuing | |||
| Operations | Operations | Increase | Increase | |
| mil $s | mil $s | Amount | % | |
| JP Morgan Chase | 6,496 | 4,960 | 1,536 | 31% |
| Wells Fargo | 5,519 | 4,622 | 897 | 19% |
| Citigroup | 4,188 | 2,979 | 1,209 | 41% |
| Bank of America | 4,012 | 2,463 | 1,549 | 63% |
| Goldman Sachs | 1,931 | 962 | 969 | 101% |
| Morgan Stanley | 1,009 | 562 | 447 | 80% |
| Total all Six | 23,155 | 16,548 | 6,607 | 40% |
