Second-quarter financial corporation earnings started flooding the market Friday, with Wells Fargo (WFC) and Citigroup (C) leading the group and Goldman Sachs (GS) and JPMorgan Chase (JPM) next on the list for Tuesday.

But the future doesn’t look too bright for JPMorgan and Goldman Sachs.

So far, there were a lot of one-time security gains in the earning reports, FBR Capital Markets Managing Director Paul Miller said. You are just not getting solid loan growth. I think JPMorgan and Goldman Sachs will be more of the same.”

Wells Fargo recorded a 30.6% increase in originations in the second quarter, growing from $36 billion in the previous quarter to $47 billion, with gain on sale revenue up $116 million. 

“The gain-on-sale was at the low end of the range, which is how we thought it would be on investor day. Originations were less than what we originally anticipated. We are glad the results are good, but we might have imagined a little bit more going into the year,” Wells Fargo and CEO John Stumpf said.

On the other side, Citigroup’s earnings were tainted by a $7 billion dollar settlement with the U.S. Department of Justice, several state attorneys general, and the Federal Deposit Insurance Corporation to settle residential mortgage-backed securities and collateralized debt obligations after industry whispers that the bank was nearing a resolution.

The problem: “These guys continue to lose market share to the smaller guys because the smaller guys are able to take more risk and the bigger guys keep giving cookie cutter mortgages,” Miller said. 

However, the HW 30 — the proprietary index of the companies that most impact the housing economy — finished the day slightly up .3%, with the Nasdaq and S&P 500 also up .56% and .48%, respectively.  

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