Corp | |||||||||
Quarter | |||||||||
End | |||||||||
When | TTCA | TTCA | |||||||
Trump | US GAAP | US GAAP | US | Decline | |||||
Tax | Net | Net | Federal | in Value of | |||||
Cuts | Income | Income | Income | Deferred | |||||
US Bank Corporations | Act | (Loss) | (Loss) | Tax | Income | ||||
SEC SIC 6021 and 6022 | State | TTCA | Dec 17 | Dec 16 | Better | Debt | Tax | ||
Stock Market Cap or Book Value Stk Eq $5 Bil+ | City Hqs | HQs | Signed | Quarter | Quarter | (Worse) | Forgiveness | Assets | |
mils $ | mils $ | mils $ | mils $ | mils $ | |||||
Wells Fargo | San Francisco | CA | Dec 17 | 6,241 | 5,304 | 937 | 3,900 | ||
JPMorgan Chase | New York | NY | Dec 17 | 4,232 | 6,727 | (2,495) | 2,090 | ||
Bank of America | Charlotte | NC | Dec 17 | 2,365 | 4,535 | (2,170) | (2,300) | ||
PNC Financial Services | Pittsburgh | PA | Dec 17 | 2,091 | 1,047 | 1,044 | 1,200 | ||
US Bancorp | Minneapolis | MN | Dec 17 | 1,686 | 1,491 | 195 | 910 | ||
Bank of New York Mellon | New York | NY | Dec 17 | 1,181 | 872 | 309 | 1,472 | ||
SunTrust Banks | Atlanta | GA | Dec 17 | 742 | 467 | 275 | 333 | ||
BB&T | Winston-Salem | NC | Dec 17 | 667 | 643 | 24 | |||
Citizens Financial Group | Providence | RI | Dec 17 | 666 | 282 | 384 | 331 | ||
Fifth Third Bancorp | Cincinnati | OH | Dec 17 | 509 | 395 | 114 | 220 | ||
Huntington Bancshares | Columbus | OH | Dec 17 | 432 | 239 | 193 | 123 | ||
State Street Corp | Boston | MA | Dec 17 | 370 | 593 | (223) | 197 | ||
Northern Trust | Chicago | IL | Dec 17 | 357 | 267 | 90 | 210 | ||
Regions Financial | Birmingham | AL | Dec 17 | 334 | 317 | 17 | (25) | ||
M&T Bank | Buffalo | NY | Dec 17 | 322 | 331 | (9) | (85) | ||
MUFG Americas Holdings | New York | NY | Dec 17 | 303 | 328 | (25) | 101 | ||
Santander Holdings USA | Boston | MA | Dec 17 | 285 | 30 | 255 | 427 | ||
KeyCorp | Cleveland | OH | Dec 17 | 196 | 232 | (36) | (147) | ||
First Republic Bank | San Francisco | CA | Dec 17 | 194 | 179 | 15 | (40) | ||
Bank of the Ozarks | Little Rock | AR | Dec 17 | 146 | 88 | 58 | 50 | ||
New York Community Bancorp | Westbury | NY | Dec 17 | 137 | 114 | 23 | 42 | ||
SVB Financial Group | Santa Clara | CA | Dec 17 | 125 | 104 | 21 | (34) | ||
Zions Bancorporation | Salt Lake City | UT | Dec 17 | 123 | 137 | (14) | (47) | ||
Signature Bank | New York | NY | Dec 17 | 115 | 114 | 1 | 2 | ||
Comerica | Dallas | TX | Dec 17 | 112 | 164 | (52) | (107) | ||
People's United Financial | Bridgeport | CT | Dec 17 | 106 | 76 | 30 | 7 | ||
Cullen/Frost Bankers | San Antonio | TX | Dec 17 | 101 | 84 | 17 | 4 | ||
Commerce Bankshares | Kansas City | MO | Dec 17 | 95 | 74 | 21 | 7 | ||
Western Alliance Bancorp | Phoenix | AZ | Dec 17 | 89 | 70 | 19 | 10 | ||
East West Bancorp | Pasadena | CA | Dec 17 | 85 | 111 | (26) | (33) | ||
PacWest Bancorp | Brea | CA | Dec 17 | 84 | 86 | (2) | 1 | ||
BOK Financial | Tulsa | OK | Dec 17 | 72 | 50 | 22 | (9) | ||
BBVA Compass Bancshares | Houston | TX | Dec 17 | 52 | 89 | (37) | (121) | ||
Sterling Bancorp | Montebello | NY | Dec 17 | (33) | 41 | (74) | (40) | ||
First Horizon National | Memphis | TN | Dec 17 | (48) | 58 | (106) | (82) | ||
CIT Group | Livingston | NJ | Dec 17 | (83) | (426) | 343 | 12 | ||
HSBC USA Inc | New York | NY | Dec 17 | (773) | (37) | (736) | (865) | ||
Capital One Financial | McLean | VA | Dec 17 | (862) | 793 | (1,655) | (1,600) | ||
Totall all 38 Excluding Citigroup | 22,816 | 26,069 | (3,253) | 11,649 | (5,535) | ||||
Citigroup | New York | NY | Dec 17 | (18,171) | 3,591 | (21,762) | (22,600) | ||
Total all 39 | 4,645 | 29,660 | (25,015) | 11,649 | (28,135) |
Wednesday, March 28, 2018
39 Largest US Bank Corps Filing With the SEC (SIC 6021 and 6022) Posted 4Q 2017 Total Earnings of $4.645 Bil, Down 84% From Their 4Q 2016 Total Earnings of $29.660 Bil ........................................................................................ Excluding Citigroup, These Banks Posted 4Q 2017 Total Earnings of $22.816 Bil, Down 12% From the 4Q 2016 ........................................................................................ Included in the 4Q 2017 Total Earnings Were Income Tax Benefits of $11.649 Bil Courtesy of the US Federal Income Tax Debt Forgiveness Feature Included in the US Trump Tax Cuts Act
From SEC filings, below here is Net Income (Loss) From Continuing Operations for the 4Q 2017 and the 4Q 2016 for the 39 largest US Bank Corps in the SEC SIC Sector Codes of 6021 and 6022 with either Stock Market Caps of at least $5 Bil or the Book Value of Total Stockholder Equity of at least $5 Bil.