Despite the major banks all reporting earnings that significantly exceeded market expectations, among the banks announcing results today, only Goldman Sachs saw its share price rise during the pre-market trading session.

With 40 minutes remaining before the official opening of the New York stock market, Goldman Sachs shares were up 3.6%.

The other four major banks were all down between 1% and 2% in pre-market trading, while S&P 500 index futures advanced 0.2%.

Bank of America fell 1.7%, JPMorgan Chase declined 2.1%, Citigroup dropped 1.7%, and Wells Fargo was down 1.2%.

Prior to the earnings releases, analysts had suggested that the market might have already priced in the positive impact of the banks' robust profits.

A JPMorgan research team at Baird wrote in a note to clients: "We believe the slight weakness in share prices today is rooted in previously elevated market expectations, rather than any underlying issues with the earnings reports themselves."

JPMorgan's results also included a substantial one-time gain related to its stake in Visa, a benefit that is unlikely to provide a sustained boost to its share price.