North Carolina Largest Companies Earnings On Fire, Led By Giants Bank of America and Reynolds American, Especially So in the Two Most Recent Years 2016 and 2015 Under Obama, Yellen and Burr ....................................................................................... 2016 Total Audited Earnings Were $38.267 Bil, 26% Above That in 2015, 109% Above That in 2014, 210% Above That in 2012 and 492% Above That in 2010

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 40 Companies headquartered in the US State of North Carolina with Stock Market Capitalizations either very late in 2016 or very early in 2017 of more than $1 Bil and which also have filed their fiscal year 2016 annual financial statements with the SEC.  Traditional Highly Regulated Utilities Companies were excluded.

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 40 North Carolina Companies for all of the fiscal years from 2007 through 2016 where the earnings numbers were reported and also where they were prepared in a fairly consistent manner with those in the most recent years:

				2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
			Most	Audited	Audited	Audited	Audited	Audited	Audited	Audited	Audited	Audited	Audited
			Recent	Net	Net	Net	Net	Net	Net	Net	Net	Net	Net
North Carolina Companies	City	State	2016	Income	Income	Income	Income	Income	Income	Income	Income	Income	Income
Market Caps Above $1 Bil	HQs	HQs	FYE	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)
				$ mils	$ mils	$ mils	$ mils	$ mils	$ mils	$ mils	$ mils	$ mils	$ mils
Bank of America	Charlotte	NC	Dec16	17,906	15,888	4,833	11,431	4,188	1,446	(2,238)	6,276	4,008	14,982
Reynolds American	Winston Salem	NC	Dec16	6,073	3,253	1,445	1,718	1,272	1,406	1,337	962	1,338	1,307
Lowe's Companies	Mooresville	NC	Jan17	3,093	2,546	2,698	2,286	1,959	1,839	2,010	1,783	2,195	2,809
BB&T Corp	Winston Salem	NC	Dec16	2,442	2,123	2,206	1,730	2,053	1,348	854	877	1,529	1,746
Ingersoll-Rand plc	Davidson	NC	Dec16	1,460	707	916	641	792	426	783	510	(2,508)	747
VFC Corp	Greensboro	NC	Dec16	1,173	1,315	1,328	1,174	1,043	890	574	458	603	613
Nucor Corp	Charlotte	NC	Dec16	900	193	779	594	493	861	206	(237)	2,145	1,765
Laboratory Corp America	Burlington	NC	Dec16	733	439	513	575	585	533	572	556	478	477
Hanesbrands	Winston Salem	NC	Dec16	537	429	405	330	232	243	193	51	127	126
Sealed Air	Charlotte	NC	Dec16	486	335	258	95	(1,619)	139	256	244	180	353
Albemarle Corp	Charlotte	NC	Dec16	479	328	230	436	326	420	329	190	213	247
Martin Marietta Materials	Raleigh	NC	Dec16	425	289	154	120	87	80	99	88	175	261
Jeld-Wen Holdings	Charlotte	NC	Dec16	358	91	(78)	(74)	(27)	(227)
Old Dominion Freight Line	Thomasville	NC	Dec16	296	305	268	206	169	139	76	35	69	72
Red Hat	Raleigh	NC	Feb17	254	199	180	178	150	147	107	87	79	77
Premier Inc	Charlotte	NC	Jun16	235	235	333	375	327	312	299
First Citizens BancShares	Raleigh	NC	Dec16	225	210	139	167	132	194	192	116	91	109
Commscope Holding Co	Hickory	NC	Dec16	224	(71)	237	19	5	(392)	44	78	(229)
Tanger Factory Outlet Ctrs	Greensboro	NC	Dec16	204	222	78	113	56	51	38	73	30	30
Curtiss-Wright Corp	Charlotte	NC	Dec16	189	192	170	139	104	117	83	95	109	104
Extended Stay America	Charlotte	NC	Dec16	163	283	151	83	22	47	(146)	(1,398)	(891)
Quintiles IMS Holdings	Durham	NC	Dec16	130	388	357	226	177	240	165	210	33
Highwoods Properties Inc	Raleigh	NC	Dec16	123	86	97	43	22	26	55	46	38	49
INC Research Holdings	Raleigh	NC	Dec16	113	117	(23)	(42)	(59)	(60)
Sonic Automotive Inc	Charlotte	NC	Dec16	95	88	99	85	91	82	99	57	(634)	105
Ply Gem Holdings Inc	Cary	NC	Dec16	75	32	(31)	(80)	(39)	(85)	28	(77)	(498)	5
PRA Health Sciences	Raleigh	NC	Dec16	68	82	(36)	(88)	(3)	17	(0)	(15)
BNC Bancorp	High Point	NC	Dec16	63	44	29	17	10	7	8	7	4	7
Coca-Cola Bottling Co	Charlotte	NC	Dec16	57	65	36	32	31	32	40	40	11	22
Yadkin Financial Corp	Raleigh	NC	Dec16	55	45	22	6	1	(6)	(6)	(75)	4	15
Ingles Markets Inc	Asheville	NC	Sep16	54	59	51	21	43	39	31	28	52	59
Snyder's-Lance	Charlotte	NC	Dec16	42	51	59	56	45	21	(16)	35	19	25
Patheon NV	Durham	NC	Oct16	35	35	(117)	(33)	(107)	(16)	(2)
Lendingtree Inc	Charlotte	NC	Dec16	31	51	(0)	(1)	(2)	(50)	(27)	(24)	(202)	(550)
SPX Corp	Charlotte	NC	Dec16	30	(152)	115	22	(368)	(23)
Qorvo	Greensboro	NC	Mar17	(17)	(29)	196	13	(53)	1	125
Cree Inc	Durham	NC	Jun16	(22)	(65)	123	87	44	147	152	31	32	50
EnPro Industries Inc	Charlotte	NC	Dec16	(40)	(21)	22	27	41	44	61	(144)	33	17
Aerie Pharmaceutics	Research Triangle Park	NC	Dec16	(99)	(74)	(48)	(31)	(15)	(13)
SPX Flow Inc	Charlotte	NC	Dec16	(381)	87	136	133	129	60	88
Total all 40				38,267	30,400	18,329	22,829	12,337	10,482	6,469	10,963	8,633	25,629
2016 Total Earnings % Above 2015				26%
2016 Total Earnings % Above 2014				109%
2016 Total Earnings % Above 2012				210%
2016 Total Earnings % Above 2010				492%
2016 Total Earnings % Above 2008				343%