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Which Banks Have Sizzling Earnings Charts?

Earnings season is here again.

We no longer have Alcoa to lead it off. Instead, this week, we’ll hear from Delta Airlines, PepsiCo and a handful of the largest banks.

The banks have been in the spotlight as the Fed has raised interest rates. That should help the earnings outlook with the entire banking sector.

The largest banks have also mostly been given the green light to buy back shares and raise dividends.

And while most of the big banks have decent earnings surprise track records, some have better charts than others.

Who has the best earnings chart this week?

5 Big Banks with the Best Earnings Charts

1.    Wells Fargo WFChas just 2 misses in the last 5 years but it’s one of the few big banks whose shares have stalled. Will it finally break out of its narrow trading range this quarter?

2.    Citigroup Cused to be the ignored cousin of the group but it has put together 9 beats in a row and shares are at 5-year highs.

3.    JPMorgan JPMhas beat 6 quarters in a row. Will shares break out?

4.    PNC Financial PNChas missed just once in five years. Impressive. But is another beat enough to send this regional bank’s shares to new highs?

5.    First Republic FRCisn’t well known among the investor public, but it should be. Based in the San Francisco Bay Area, it has the best chart this week.

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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
 
Citigroup Inc. (C): Free Stock Analysis Report
 
FIRST REPUBLIC BANK (FRC): Free Stock Analysis Report
 
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