The 11 Largest North Carolina Cos With Stock Market Caps Above $20 Bil Saw Their Total Audited Annual Earnings Increase By a Very Robust Average of 24% Per Year During the First Three Full Years of the Biden/Harris Admin, Then Increase By a Very Modest Average of 3% Per Year During the Trump/Pence Admin's Four Years in Office, and Then Increase By a Superb Average of 31% Per Year During Obama/Biden Admin's Eight Years in Office

From a review of predominately companiesmarketcap.com,  of Largest American Companies By Market Capitalization and of Company SEC filings in the SEC website, there were 11 North Carolina Companies with stock markets caps above $20 Bil in early October 2024.  

From Company financial statements contained in the SEC website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations for each of these 11 largest North Carolina Companies for FYE 2023, the Biden/Harris Administration's third full year in office, for FYE 2020, the Trump/Pence Administration's last year in office, for FYE 2016, the Obama/Biden Administration's last year in office and for FYE 2008, the Bush/Cheney Administration's last year in office.

 

The 13 Largest Georgia Cos With Stock Market Caps Above $20 Bil Saw Their Total Audited Annual Earnings Increase By an Off-the-Charts Average of 40% Per Year During the First Three Full Years of the Biden/Harris Admin, Then Decline By a Very Disappointing Average of 6% Per Year During the Trump/Pence Admin's Four Years in Office, and Then Increase By an Off-the-Charts Average of 50% Per Year During Obama/Biden Admin's Eight Years in Office

From a review of predominately companiesmarketcap.com, of Largest American Companies By Market Capitalization and of Company SEC filings in the SEC website, there were 13 Georgia Companies with stock markets caps above $20 Bil in early October 2024.  

From Company financial statements contained in the SEC website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations for each of these 13 largest Georgia Companies for FYE 2023, the Biden/Harris Administration's third full year in office, for FYE 2020, the Trump/Pence Administration's last year in office, for FYE 2016, the Obama/Biden Administration's last year in office and for FYE 2008, the Bush/Cheney Administration's last year in office.

The 16 Largest Pennsylvania Cos With Stock Market Caps Above $20 Bil Saw Their Total Audited Annual Earnings Increase By an Off-the-Charts Average of 45% Per Year During the First Three Full Years of the Biden/Harris Admin, Decline By a Very Disappointing Average of 8% Per Year During the Trump/Pence Admin's Four Years in Office, and Increase Superbly By an Average of 21% Per Year During Obama/Biden Admin's Eight Years in Office

From a review of predominately companiesmarketcap.com, of Largest American Companies By Market Capitalization and of Company SEC filings in the SEC website, there were 16 Pennsylvania Companies with stock markets caps above $20 Bil in early October 2024.  

From Company financial statements contained in the SEC website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations for each of these 16 largest Pennsylvania Companies for FYE 2023, the Biden/Harris Administration's third full year in office, for FYE 2020, the Trump/Pence Administration's last year in office, for FYE 2016, the Obama/Biden Administration's last year in office and for FYE 2008, the Bush/ Cheney Administration's last year in office.

The 10 Largest US Credit Unions Posted Total Smoothed Net Income of $4,391 Mil in Annual 2022. But Not Included in 2022 Net Income Was Their Estimated Total Economic Losses of a Massive $8,760 Mil From the Annual 2022 Decline in the Fair Market Value of Their Available-For-Sale Debt Investment Securities. In Addition, Also Not Included in 2022 Net Income Was Their Estimated Total Economic Losses of $1,193 Mil From the Annual 2022 Decline in the Fair Market Value of Their Held-to-Maturity Debt Investment Securities.

From iBanknet, the table below shows the Audited Smoothed Net Income in annual 2022 and also the huge Estimated Economic Losses from the annual 2022 decline in the Fair Market Values of both their Available-For-Sale and their Held-to-Maturity Debt Investment Securities of each of the 10 largest in Total Assets US Credit Unions.

The Big Four US Banks Posted Total Smoothed Net Income of $92.9 Bil in Annual 2022. But Not Included in 2022 Net Income Was Their After-Tax Economic Losses of $33.7 Bil From the Annual 2022 Decline in the Fair Market Value of Their Available-For-Sale Debt Investment Securities. But Much More Importantly, Also Not Included in 2022 Net Income Was Their Pre-tax Economic Losses of a Massive $201.7 Bil From the Annual 2022 Decline in the Fair Market Value of Their Held-to-Maturity Debt Investment Securities.

From their SEC filings, the table below shows the Audited Smoothed Net Income in annual 2022 and also their huge Economic Losses from the annual 2022 decline in the Fair Market Values of both their Available-For-Sale and their Held-to-Maturity Debt Investment Securities of each of what are considered to be the Big Four US Banks ..... JPMorgan Chase, Bank of America, Wells Fargo and Citigroup.

The 96 US Banks, Excluding the Big Four Banks, With Stock Market Caps Above $1 Bil Posted Total US GAAP Net Income of $79.865 Bil in Annual 2022, Up 1876% From Such Income of $4.042 Bil in the US Financial Meltdown Year of 2008. But These Same 96 US Banks Reported Total Bottom Line Economic Losses of $40.458 Bil in Annual 2022, 239% Worse Than Such Losses of $11.947 Bil in 2008. Why Such an Incredible Divergence? Well, Predominately It Was That In Annual 2022, These 96 Banks Reported a Massive $120 Bil of Economic Losses Which Bypassed US GAAP Net Losses and Instead Were Buried in Annual 2022 Other Comprehensive Losses. These $120 Bil of Economic Losses Resulted From the Annual 2022 Decline in the Market Value of Their Available-For-Sale Debt Investment Securities, Due Predominately to the US Fed's Spastic Interest Rate Increases.

The 96 publicly-held US Banks with Stock Market Caps above $1 Bil and that disclosed its Financial Statements in both annual 2022 and in annual 2008 in its SEC filings reported Total Economic Losses of $11.947 Bil in annual 2008, the worst year for earnings for US Banks during the horrific 2008-2009 US Financial Meltdown.

So what happened in annual 2022?

Well, unfortunately these 96 US Banks posted Total Economic Losses of $40.458 Bil, predominately due to the US Fed's spastic interest rate actions which caused US Banks' Heavy Investments in Debt Securities to decline precipitously in value by $120 Bil just for their Available-For-Sale Debt Investment Securities in annual 2022.

In addition, 29 of these 96 Banks had material Unrecorded, Off-the-Books, Unrealized But Real Pretax Total Economic Losses of an additional $30.6 Bil at December 31, 2022 related to their Held-to-Maturity Debt Investment Securities.

From SEC filings, the table below shows this financial information for each of these 96 publicly-held US Banks.

The 34 Smaller US Banks With Stock Market Caps Between $1 Bil and $2 Bil Posted Total Bottom Line Economic Losses of $235 Mil in the US Financial Meltdown Year of 2008. But in Annual 2022, These Same 34 Banks Posted Total Economic Losses of $1.778 Bil, an Incredible 657% Decline From That in Annual 2008. On the Other Hand, These 34 US Banks Posted Total US GAAP Net Income in Annual 2022 That Increased By an Off-the-Charts 4,192% From That in Annual 2008. Why Such an Incredible Divergence? Well, In Annual 2022, These 34 Banks Reported $7.1 Bil of Economic Losses Which Bypassed US GAAP Net Income and Instead Were Buried in 2022 Other Comprehensive Losses. These $7.1 Bil of Economic Losses Resulted From the Annual 2022 Decline in the Market Value of Their Available-For-Sale Debt Investment Securities, Due Predominately to the US Fed's Spastic Interest Rate Increases.

The 34 smaller US Banks with Stock Market Caps between $1 Bil and $2 Bil and that disclosed its Financial Statements in both annual 2022 and in annual 2008 in its SEC filings reported Total Economic Losses of $235 Mil in annual 2008, the worst year for earnings for US Banks during the horrific 2008-2009 US Financial Meltdown.

So what happened in annual 2022?

Well, unfortunately these 34 smaller US Banks posted Total Economic Losses of $1.778 Bil, predominately due to the US Fed's spastic interest rate actions which caused US Banks' Heavy Investments in Debt Securities to decline precipitously in value in annual 2022.

In addition, 7 of these 34 Banks had material Unrecorded, Off-the-Books, Unrealized But Real Pretax Total Economic Losses of an additional $1.758 Bil at December 31, 2022 related to their Held-to-Maturity Debt Investment Securities.

From SEC filings, the table below shows this financial information for each of these 34 smaller US Banks.