Which Mega-Bank Stocks Have the Strongest Earnings Trends?

January 19, 2013

Page 2 of 5

JPMorgan Chase & Co. (NYSE:JPM): Current Price $46.46

Fiscal Year	2008	2009	2010	2011	2012
Revenue ($) in millions	101,490	115,630	115,480	110,840	108,180
Diluted EPS ($)	1.35	2.26	3.96	4.48	5.20

Revenue has been falling relentlessly since 2009, but surprise: earnings have grown every year since then.

Let’s take a look at the quarterly data:

Quarter	Dec. 31, 2011	Mar. 31, 2012	Jun. 30, 2012	Sep. 30, 2012	Dec. 31, 2012
Revenue ($) in millions	24,390	29,090	25,130	27,800	26,160
Diluted EPS ($)	0.91	1.19	1.21	1.40	1.39

JP Morgan grew quarterly earnings nicely between December 2011 and September 2012, but December 2012 fell off a bit. We’ll look elsewhere…

Page 2 of 5

view all

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com