Which Mega-Bank Stocks Have the Strongest Earnings Trends?

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…