Calendar | Calendar | ||||||||
2Q 17 | 2Q 16 | ||||||||
Calendar | US GAAP | US GAAP | Net | Net | |||||
Most | 2Q 17 | Net | Net | Income | Income | ||||
City | State | Recent | Month | Income | Income | Better | Better | ||
US Big 6 Financial | HQs | HQs | FYE | End | (Loss) | (Loss) | (Worse) | (Worse) | |
$ mils | $ mils | $ mils | % | ||||||
JPMorgan Chase | New York | NY | Dec16 | June | 7,029 | 6,200 | 829 | 13% | |
Wells Fargo | San Francisco | CA | Dec16 | June | 5,848 | 5,573 | 275 | 5% | |
Banc of America | Charlotte | NC | Dec16 | June | 5,269 | 4,783 | 486 | 10% | |
Citigroup | New York | NY | Dec16 | June | 3,883 | 4,047 | (164) | -4% | |
Goldman Sachs | New York | NY | Dec16 | June | 1,831 | 1,822 | 9 | 0% | |
Morgan Stanley | New York | NY | Dec16 | June | 1,796 | 1,650 | 146 | 9% | |
Total all 6 | 25,656 | 24,075 | 1,581 | 7% |
Monday, August 28, 2017
US Big 6 Financial Total Earnings Growth Sharply Decelerates in the Most Recent 2Q 2017 ....................................................................................... 2Q 2017 Total Earnings Were Up Only 7% in Trump's First Full Quarter in Office, As Compared To Being Up 24% in the 1Q 2017 and Up 25% in the 4Q 2016, Obama's Last Full Quarter in Office ....................................................................................... It's Easy To See Why JPMorgan Chase CEO Jamie Dimon Is Now So Upset With the US Government
From a review of their company
financial statements in the US SEC website, below here are the Total Reported US GAAP
Earnings (Losses) From Continuing Operations for the Second Calendar Quarters of both 2017 and
2016 for each of the US Big 6 Financial Companies.