NEW YORK ( TheStreet) -- Banks are always in the news, and this week features earnings reports from two leading financial powerhouses.Any surprises by either can move the entire market, so we will have double the chance of a market event. J.P. Morgan Chase (JPM) Background: J.P. Morgan is a leading global financial services firm. The company was founded in 1823 and is headquartered in New York City. It trades an average of 48.7 million shares per day and has a market cap of $130.9 billion. 52-week high: $46.27, 52-week low: $28.38, book value: $49.64 J.P. Morgan is expected to report weak second-quarter earnings before the market opens Friday. The consensus estimate is currently 85 cents a share, a decline of 42 cents (33.1 percent) from $1.27 during the same period last year. Analysts as a whole like this company. Currently, JPM has 17 "buy" recommendations out of 24 analysts covering the company, five "holds" and two recommend selling. Thirteen out of 24 analysts now rate JPM a "strong buy," down from 14 analysts a month ago. Compared to three months ago, fewer analysts are rating this company as a strong buy. Shareholders have not been rewarded for their patience. Shares have fallen 16.8 percent in the last year, and the average analyst target price for JPM is $46.50. The trailing 12-month price-to-earnings ratio is 7.6, the mean fiscal-year estimate price-to-earnings ratio is 7.97 based on earnings of $4.31 per share this year. Investors are receiving $1.20 in dividends for a yield of 3.49 percent. For the same fiscal period year-over-year, revenue has improved to $102.69 billion in the last fiscal year compared to $100.43 billion in the previous year. The bottom line has rising earnings year-over-year of $17.37 billion in the last fiscal year compared to $11.73 billion in the previous year. The closing price before JPM's previous earnings release on April 13 was $44.84. Shares fell $1.63 (3.6%) after the earnings, and have continued to fall. Since the last earnings release, JPM is down $10.84 (24%). In the last month the stock has climbed 4.79%.