Earnings season is starting up again but without Alcoa (NYSE:AA) to lead it off, what’s the “official” start?
JPMorgan (NYSE:JPM), Wells Fargo and Citigroup (NYSE:C) all report on the same day. I’m calling them the Three Musketeers of earnings season. They are leading it off, led by Dow component JPMorgan.
There are over a dozen banks reporting this week, but which ones have the best earnings track records?
It’s not easy to beat quarter after quarter, especially in the financial industry. But some of these banks have stellar track records.
The 4 Banks with the Hottest Charts This Week
1. Bank of the Ozarks (NASDAQ:OZRK) is taking a perfect record into its earnings report this quarter. Impressive. But of bigger concern is what is happening with all of those apartment rental tower loans?
2. PNC Financial (NYSE:PNC) has missed just once in the last 5 years. Shares are trading at near 5 year highs.
3. First Republic Bank (NYSE:FRC) has missed only 1 time in the last 5 years and has one of the prettiest bank charts out there. This $14 billion San Francisco bank represents the moneyed centers. Can it keep driving higher?
4. Wells Fargo (NYSE:WFC) has missed just twice in the last 5 years. Shares popped after the Trump victory even with its own internal problems.
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J P Morgan Chase & Co (JPM): Free Stock Analysis Report
PNC Financial Services Group, Inc. (The) (PNC): Free Stock Analysis Report
Wells Fargo & Company (WFC): Free Stock Analysis Report
Bank of the Ozarks (OZRK): Free Stock Analysis Report
FIRST REPUBLIC BANK (FRC): Free Stock Analysis Report
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Zacks Investment Research