Earnings season is underway, but major banks are wrapping up their earnings reports. Here is a summary of how some of the
world's largest banks performed in the fourth quarter.
JPMorgan
-
JPMorgan Chase & Co. (NYSE: JPM) earned $1.71 per
share in the fourth quarter on revenue of $23.4 billion.
- Wall Street analysts were expecting the company to earn $1.44 per share on revenue of $24.0 billion.
- Shares of JPMorgan are higher by around 46 percent over the past year.
Wells Fargo
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Wells Fargo & Co (NYSE: WFC) reported it earned
$0.96 per share in the fourth quarter on revenue of $21.58 billion.
- Wall Street analysts were expecting the company to earn $0.97 per share on revenue of $22.45 billion.
- Shares of Wells Fargo are higher by around 10 percent over the past year.
Bank Of America
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Bank of America Corp (NYSE: BAC) reported it earned
$0.40 per share in the fourth quarter on revenue of $20.0 billion.
- Wall Street analysts were expecting the company to earn $0.38 per share on revenue of $20.9 billion.
- Shares of Bank of America are higher by around 52 percent over the past year.
PNC Financial Services
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PNC Financial Services Group Inc (NYSE: PNC)
reported it earned $1.97 per share in the fourth quarter on revenue of $3.9 billion.
- Wall Street analysts were expecting the company to earn $1.85 per share on revenue of $3.9 billion.
- Shares of PNC Financial are higher by around 32 percent over the past year.
Goldman Sachs
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Goldman Sachs Group Inc (NYSE: GS) reported it earned
$5.08 per share in the fourth quarter on revenue of $8.17 billion.
- Wall Street analysts were expecting the company to earn $4.82 per share on revenue of $7.72 billion.
- Shares of Goldman Sachs are higher by around 52 percent over the past year.
Citigroup
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Citigroup Inc (NYSE: C) reported it earned $1.14 per
share on revenue of $17 billion.
- Wall Street analysts were expecting the company to earn $1.12 per share on revenue of $17.3 billion.
- Shares of Citigroup are higher by around 38 percent over the past year.
At Last Check
- Bank of America was up 1.66 percent at $22.42.
- Citigroup shares were down 1.54 percent at $57.48.
- Goldman Sachs was down 0.77 percent at $234.20.
- JPMorgan shares were down 0.02 percent at $83.53.
- PNC was up 0.54 percent at $114.60.
- Wells Fargo shares were down 0.32 percent at $53.60.
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