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3 Big Bank Stocks That Disappointed on Earnings

Bank stocks are being hit particularly hard at the start of earnings season

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The Q2 earnings reporting season kicked off in earnest on Friday as a number of Wall Street titans reported results.

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Overall, expectations for profitability remains high: According to FactSet, factoring in the typical earnings beat rate, analysts have penciled in the second-best quarter of earnings growth since the end of 2011.

Investors pretty much ignored efforts by big bank executives to cool estimates a little, to no avail, by talking up weak trading revenue in recent weeks.

But now, as hard numbers start flowing out, disappointment is in the air. Here are three big bank stocks suffering in response:

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Article printed from InvestorPlace Media, http://investorplace.com/2017/07/3-big-bank-stocks-that-disappointed-on-earnings-c-jpm-wfc/.

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