What a Remarkable Earnings Turnaround.
1Q | 1Q | 4Q | 4Q | 3Q | 3Q | 2Q | 2Q | 1Q | 1Q | |||||||||||||||
2017 | 2016 | 2016 | 2015 | 2016 | 2015 | 2016 | 2015 | 2016 | 2015 | |||||||||||||||
US Big Six | Net | Net | Net | Net | Net | Net | Net | Net | Net | Net | ||||||||||||||
Finamcial | Income | Income | Better | Better | Income | Income | Better | Better | Income | Income | Better | Better | Income | Income | Better | Better | Income | Income | Better | Better | ||||
Company | (Loss) | (Loss) | (Worse) | (Worse) | (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 | % | $ mils | $ mils | $ mils | % | |||||
JPMorgan Chase | 6,448 | 5,520 | 928 | 17% | 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 | 5,548 | 5,514 | 34 | 1% | 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 | 4,856 | 3,472 | 1,384 | 40% | 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 | 4,118 | 3,508 | 610 | 17% | 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 | 2,255 | 1,135 | 1,120 | 99% | 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 | 1,993 | 1,160 | 833 | 72% | 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 | 25,218 | 20,309 | 4,909 | 24% | 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% |