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Third quarter earnings season has begun and that means the big banks are about to report.
These 5 banks are some of the biggest banks in the United States but their earnings track records and their earnings charts all look very different. Some are still struggling and others are not.
Additionally, some have great earnings track records and others do not. It’s not easy to beat on the estimate quarter after quarter but some of the largest banks are doing just that.
These 5 banks make up an elite group. Will they surprise the Street again this quarter?
5 Big Banks to Watch This Earnings Season
1.Wells Fargo (WFC - Free Report) has missed 2 out of the last 4 quarters as shares continue to struggle in 2018. WFC is down 12% year-to-date. But is this weakness a buying opportunity?
2.Citigroup (C - Free Report) has one of the best beat records, as it has beaten 14 quarters in a row. One of the hottest big banks in 2017, shares are down 3% in 2018. But it’s cheap, with a forward P/E of just 11. Is this bank the one to watch?
3.PNC Financial (PNC - Free Report) doesn’t get the love of the other banks but it has only missed one time in 5 years. Impressive. Shares are down 4% year-to-date while rates are on the move higher. Is this a buying opportunity?
4.JP Morgan Chase (JPM - Free Report) also has an impressive track record, having missed just once since 2015. It’s one of the few big banks actually up on the year, having gained 6% year-to-date. Will it remain the golden bank after this report?
5.Bank of America (BAC - Free Report) has also been holding onto its 2018 gains, with shares up, but just 0.3% for the year. Still, it has strung together 9 beats in a row which is impressive. With a forward P/E of 12, does it still have further upside?
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
5 Must-See Big Bank Earnings Charts
Third quarter earnings season has begun and that means the big banks are about to report.
These 5 banks are some of the biggest banks in the United States but their earnings track records and their earnings charts all look very different. Some are still struggling and others are not.
Additionally, some have great earnings track records and others do not. It’s not easy to beat on the estimate quarter after quarter but some of the largest banks are doing just that.
These 5 banks make up an elite group. Will they surprise the Street again this quarter?
5 Big Banks to Watch This Earnings Season
1. Wells Fargo (WFC - Free Report) has missed 2 out of the last 4 quarters as shares continue to struggle in 2018. WFC is down 12% year-to-date. But is this weakness a buying opportunity?
2. Citigroup (C - Free Report) has one of the best beat records, as it has beaten 14 quarters in a row. One of the hottest big banks in 2017, shares are down 3% in 2018. But it’s cheap, with a forward P/E of just 11. Is this bank the one to watch?
3. PNC Financial (PNC - Free Report) doesn’t get the love of the other banks but it has only missed one time in 5 years. Impressive. Shares are down 4% year-to-date while rates are on the move higher. Is this a buying opportunity?
4. JP Morgan Chase (JPM - Free Report) also has an impressive track record, having missed just once since 2015. It’s one of the few big banks actually up on the year, having gained 6% year-to-date. Will it remain the golden bank after this report?
5. Bank of America (BAC - Free Report) has also been holding onto its 2018 gains, with shares up, but just 0.3% for the year. Still, it has strung together 9 beats in a row which is impressive. With a forward P/E of 12, does it still have further upside?
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>