Friday, October 14, 2016

Failure Is The New Success


The bank reported quarterly earnings of $1.58 per share on revenue of $25.51 billion. Analysts had expected earnings of $1.39 a share on about $24 billion in revenue

Still, the company's net income fell to $6.29 billion in the third quarter from $6.8 billion for the same time last year

George added that there's "not really" any obvious weak spots in the quarter, but added that JPMorgan's significant strength in markets is "probably something that's not going to continue in Q4 and Q1."


Largest U.S. Bank

CNBC Oct. 14, 2016
"Wells Fargo's net income in the most recent quarter declined to $5.64 billion from $5.8 billion the same period last year, the bank said Friday."



Mellon Bank

State Street