Bank Earnings Send Mixed Signal On Economy

With Q2 earnings coming out, it’s always helpful to compare firms that are normally competing with each other to find trends that are affecting the industry as a whole. When we look at Citigroup Inc. (NYSE:C), JPMorgan Chase & Co. (NYSE:JPM), and Wells Fargo & Company (NYSE:WFC) we see clear signs that the financial sector is steadily recovering from the receding economic crisis. Even though there are still concerns about the impact that new regulations and slowing emerging markets could have on the financial sector, these five indicators show that there is plenty of room for optimism.