JPMorgan Drops Down The List

 |  Includes: C, FNFG, JPM, KBE, KBWB, PBCT
by: Bespoke Investment Group

Shares of JP Morgan Chase (NYSE:JPM) are down another 2% today following Friday's 9% drop after the company disclosed trading losses of at least $2 billion. Even after the two day drop of more than 10%, however, shares of JPM are still up 9% on the year and are outperforming the S&P 500.

The table below shows the performance of the individual members of the KBW Bank Index so far this year. While JPM has certainly lost its luster in the wake of Thursday night's disclosure, it is still outperforming Citigroup (NYSE:C) on the year, which doesn't say much for how investors view that stock in terms of its reputation.