Banks In America (NYSE: BAC) (NYSE: C) (NYSE: JPM) (NYSE: BBT) (NYSE: BK)

NEW YORK - J.P Morgan and M&T Bank began banking earnings reports on Friday. The week ahead will feature many more notable banks reporting.

Bank of New York Mellon the 7th largest bank in the U.S. will report on Monday and investors are hoping they do not provide a BK for the rest of the week. The current estimate is 57 cents a share or $704 million. Despite their assets and profits being substantially smaller than PNC financial the company has $6.3 billion more of market capitalization and is largely viewed as one of the most overvalued banks relative to its peers. The Bank of New York has a different business model than most of the other banks and is essentially a bank for other banks. The bank is up close to 25% since Q3.

Citigroup the third largest bank in the U.S. will report on Tuesday. The stock is up close to 30% since Q3. The company's market cap is only $4 billion lower than that of BAC despite having $400 billion less assets.

Wells Fargo up 28% from Q3 and the fourth largest bank in the country will report on Wednesday. Wells' is often seen as a benchmark for other strong financial institutions including PNC and USB. The current estimate is for Wells to report 61 cents a share or $3.2 billion. To see the full Wells Fargo report click here

U.S. Bancorp the fifth largest bank in the U.S., is up 20% since it reported Q3 will also report on Wednesday. The estimate is that U.S. Bancorp will report $880 million of profit or 46 cents a share.

PNC Financial will report on Thursday, and analysts expect the company to report $724 million of profit or $1.38 a share. PNC is only up 21% since Q3 despite reporting a profit higher than U.S. Bancorp's. Allan Edwards the CEO of the Markets Are Open expected $1.08 billion or $2.05 a share. Edwards called the last earnings report to the dollar, when he called their exact earnings number in Q3. To see the the full PNC report click here.

Bank of America the largest bank in the U.S. will report on Friday. The current estimate is for BAC to earn $2.4 billion or 24 cents a share. BAC is up 23% since Q3 despite being down 11% in the days following their earnings release. To see the full BAC report click here.

Other notable banks reporting this week include: State Street Corporation on Wednesday, Capital One Financial on Thursday, Suntrust Banks on Friday, and BB&T on Friday.