Friday, October 27, 2017

US Big 6 Financial Total Earnings Growth Sharp Deceleration Over the Prior Year's Quarter Continues in the Most Recent 3Q 2017 ....................................................................................... 3Q 2017 Total Earnings Were Up Only 2% in Trump's Second Full Quarter in Office, As Compared To Being Up 7% in the 2Q 2017, Trump's First Full Quarter in Office, Up 24% in the 1Q 2017, and Up 25% in the 4Q 2016, Obama's Last Full Quarter in Office

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 Third Calendar Quarters of both 2017 and 2016 for each of the US Big 6 Financial Companies.







Calendar Calendar







3Q 17 3Q 16



Calendar US GAAP US GAAP Net Net


Most
3Q 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
Sept          6,732          6,286             446 7%
Wells Fargo San Francisco CA Dec16
Sept          4,654          5,654         (1,000) -18%
Banc of America Charlotte NC Dec16
Sept          5,587          4,955             632 13%
Citigroup New York NY Dec16
Sept          4,137          3,887             250 6%
Goldman Sachs New York NY Dec16
Sept          2,128          2,094               34 2%
Morgan Stanley New York NY Dec16
Sept          1,785          1,632             153 9%










Total all 6




       25,023        24,508             515 2%