‘Big 6’ Wall Street Banks Report Q4 2015 Earnings by Graphiq
Goldman Sachs’ earnings report on Wednesday morning marked the sixth of the ‘Big 6′ Wall Street banks to report Q4 2015 earnings in the past two weeks. The company’s $5 billion settlement with the Department of Justice took a chunk out of Goldman Sachs’ net revenue, as EPS dropped from $4.38 in Q4 2014 to $1.27 in Q4 2015. Banking regulatory fines have increased sharply since the 2008 financial crisis and the increase has been reflected in the earnings reports of a number of the Wall Street banks in the last year.
Include the following visualizations to compare Q4 2014 and Q4 2015 EPS and revenue for the ‘Big 6,’ as well as to highlight the growth of banking regulatory fines since the 2008 financial crisis.