By Jody Chudley Earnings season is in full swing, and as per usual, the big banks were up first.
The numbers so far have been ugly.
Compared with results from the second quarter of 2019, the results for the second quarter of this year range from bad to really bad.
Here’s a sampling…
JPMorgan Chase (NYSE: JPM) reported that second quarter earnings were down 52% from $2.82 per share in 2019 to just $1.38 per share this year.
Bank of America (NYSE: BAC) saw second quarter earnings cut in half from $0.74 per share last year to $0.37 per share this time around.
Citigroup (NYSE: C) saw earnings fall …read more
