The Big Bank Earnings Season's Winner

By Anand Chokkavelu, CFA and Matt Koppenheffer – Oct 21, 2012 at 7:00PM

NYSE: WFC

Wells Fargo

Market Cap

$215B

Today's Change

(-0.78%) -$0.47

Current Price

$60.13

Price as of April 25, 2024, 12:36 p.m. ET

Who comes out on top?

Today, Fool.com analysts Matt Koppenheffer and Anand Chokkavelu declare the biggest winner of the major banks this earnings season.

Anand names Wells Fargo the champion, with JPMorgan Chase taking second place.

Wells Fargo has been able to capitalize on the mortgage market better than its peer group has, while JPMorgan has cleaned up shop a bit and moved past its London Whale headache from just a few weeks ago.

Bank of America and Citigroup don't get a lot of love from our analysts this earnings season, but that doesn't mean they're bad investments. See more in the following video.

Anand Chokkavelu, CFA, owns shares of Bank of America, JPMorgan Chase, Citigroup, and Wells Fargo. Matt Koppenheffer owns shares of Bank of America. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo. Motley Fool newsletter services recommend Wells Fargo. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.