Trading Ideas

Watch next week ( 4/14 - 4/19)

  •     INTC
  •     GOOG
  •     DB
  •     C
  •     BCS
  •     AAPL  



Of the six banks and brokers scheduled to report results in the next few days, three are expected to post a loss - Merrill Lynch (MER, Fortune 500), Citigroup (C, Fortune 500) and Washington Mutual (WM, Fortune 500), according to estimates from earnings tracker Thomson Financial.

JPMorgan Chase (JPM, Fortune 500), Wells Fargo (WFC, Fortune 500) and Wachovia (WB, Fortune 500) are expected to report a drop in earnings from a year ago.

And Bank of America (BAC, Fortune 500) is also forecast to report a steep decline in earnings from a year ago when it releases its results on April 21.

Overall, analysts anticipate that the banks' results won't be quite as bad as they were when they announced grim fourth-quarter results three months ago. But banks still find themselves squeezed by many of the same problems that plagued them at the end of 2007.