We all saw the share prices tank after JPMorgan (JPM +0.86%), Wells Fargo (WFC +2.27%), and Bank of America (BAC +1.40%) reported earnings. But did the banks' earnings really justify the negative reactions they received? In the video below, Motley Fool contributor Jessica Alling discusses the reason for the drops and why Foolish investors should see past the initial reactions.
An Earnings Season Reality Check
By Jessica Alling – Apr 25, 2013 at 8:22PM
NYSE: BAC
Bank of America
Market Cap
$388B
Today's Change
(1.40%) $0.74
Current Price
$53.94
Price as of December 3, 2025 at 12:46 PM ET
It's been a tough earnings season on the nation's big banks, but was it justifiable?
About the Author
After receiving the prestigious, if not tongue-in-cheek, "Future Bloodsucker of America" award for winning a stock market challenge in middle school, Jessica knew that her future lay in finance. But when her Finance degree's P/E ratios and other metrics weren't enough, she added a degree in English to her repertoire. Though some questioned the combination, her work with the Fool has clarified the method to her madness to those that couldn't see the connection before. Oh, and she still has that award framed in her office.