Earnings season is officially starting and that means the banks are on tap.
But the best charts aren’t who you think. Forget about the big international banks like Citigroup (NYSE:C). Think smaller and more regionally.
One of the best charts of the week is Arkansas-based Bank of the Ozarks (OZRK). It hasn’t missed on earnings in 5 years. That’s impressive.
Despite what traders think, it’s not easy to beat the estimate every quarter for that length of time. Shares are off their highs though.
First Republic (FRC) actually reports next week but the chart is pretty with shares near their 5-year highs.
PNC Financial (NYSE:PNC) has only missed twice in 5 years but shares have stalled out the last 2 years due to worries about the Fed and interest rates.
What else should investors take away from these charts? Watch the short video to find out.
Want to know more about earnings?
Be sure to check out Dave Bartosiak’s take on the options trades every week during earnings season on Live Trader.
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.
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