JP Morgan and Wells Fargo are two of the four "too-big-to-fail" money center banks with plenty of accounting flexibility to manage earnings expectations. Will revenues continue to be raised by write-offs of bad loans and reduced loan loss provisions? Will revenue be reduced because of lower Treasury yields?
Beware that bank stocks are up against multiyear highs but below their September QE3 reaction highs. Will there be a positive catalyst in the banking industry given the slowing economy here and abroad?
At the time of publication, Suttmeier had no positions in stocks mentioned.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.Follow @Suttmeier
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts