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