4Q | 4Q | 3Q | 3Q | 2Q | 2Q | 1Q | 1Q | ||||||||||||
2016 | 2015 | 2016 | 2015 | 2016 | 2015 | 2016 | 2015 | ||||||||||||
Net | Net | Net | Net | Net | Net | Net | Net | ||||||||||||
Big Six | Income | Income | Better | Better | Income | Income | Better | Better | Income | Income | Better | Better | Income | Income | Better | Better | |||
Financial | (Loss) | (Loss) | (Worse) | (Worse) | (Loss) | (Loss) | (Worse) | (Worse) | (Loss) | (Loss) | (Worse) | (Worse) | (Loss) | (Loss) | (Worse) | (Worse) | |||
$ mils | $ mils | $ mils | % | $ mils | $ mils | $ mils | % | $ mils | $ mils | $ mils | % | $ mils | $ mils | $ mils | % | ||||
JPMorgan Chase | 6,727 | 5,434 | 1,293 | 24% | 6,286 | 6,804 | (518) | -8% | 6,200 | 6,290 | (90) | -1% | 5,520 | 5,914 | (394) | -7% | |||
Wells Fargo | 5,304 | 5,623 | (319) | -6% | 5,654 | 5,983 | (329) | -5% | 5,573 | 5,786 | (213) | -4% | 5,514 | 5,884 | (370) | -6% | |||
Banc of America | 4,696 | 3,284 | 1,412 | 43% | 4,955 | 4,619 | 336 | 7% | 4,232 | 5,134 | (902) | -18% | 2,680 | 3,097 | (417) | -13% | |||
Citigroup | 3,591 | 3,405 | 186 | 5% | 3,887 | 4,306 | (419) | -10% | 4,047 | 4,858 | (811) | -17% | 3,508 | 4,817 | (1,309) | -27% | |||
Goldman Sachs | 2,347 | 765 | 1,582 | 207% | 2,094 | 1,426 | 668 | 47% | 1,822 | 1,048 | 774 | 74% | 1,135 | 2,844 | (1,709) | -60% | |||
Morgan Stanley | 1,680 | 943 | 737 | 78% | 1,632 | 1,051 | 581 | 55% | 1,650 | 1,833 | (183) | -10% | 1,160 | 2,468 | (1,308) | -53% | |||
Total all 6 | 24,345 | 19,454 | 4,891 | 25% | 24,508 | 24,189 | 319 | 1% | 23,524 | 24,949 | (1,425) | -6% | 19,517 | 25,024 | (5,507) | -22% |
Wednesday, January 18, 2017
US Big 6 Financial Had An Incredible Earnings Recovery Throughout 2016: Total Earnings Up 25% in 4Q, Up 1% in 3Q, Down 6% in 2Q and Down 22% in 1Q ..... This is the Main Reason Their Stock Prices Jumped Up So Precipitously in the 4Q 2016 ..... It's All About the US Economy Working on All Cylinders in the 4Q 2016, Oil & Gas Companies Turning Around and Janet Yellen Raising Interest Rates ..... It's Great to See This Truly Remarkable Earnings Recovery in the Final Two Quarters of the Obama Administration
Here are the Earnings in each of the four Quarters of both 2016 and 2015 of the US Big 6 Financial Companies. Executives, Employees and Stockholders of these US Big 6 Financial Companies have to be very pleased with both the Obama Administration and Janet Yellen for creating the economic environment for these US Big Financial Companies to have a massive Total Earnings Recovery during 2016.