Goldman Sachs reported a strong third quarter in 2026, surpassing profit forecasts with a 72% revenue jump in equities trading, driving its stock up 1%. The bank also saw record advisory fees and growth in asset management, while announcing acquisitions and a $5 quarterly dividend. In contrast, Wells Fargo's revenue disappointed, causing its stock to drop 3%, and JPMorgan's stock remained flat. The results highlight a trading-driven earnings boost for big banks, though Goldman noted a dip in its deal backlog and some credit provisions. Investors will watch upcoming commentary for signs if trading strength is sustainable or a short-term spike.
Goldman Sachs shares rose 1.14% to USD 904.12 on Pluang as of Oct 13, 2026 21:21 WIB, reflecting continued investor interest following its earnings beat. JPMorgan Chase's stock edged up 0.28% to USD 335.24, showing relative stability. Meanwhile, Wells Fargo declined 2.40% to USD 81.30, with heavy sell activity at 98% on Pluang, signaling investor caution.
Four of the largest US banks reported mixed third-quarter earnings. JPMorgan missed earnings and revenue estimates, with concerns over rising expenses and fixed income trading shortfalls. CEO Jamie Dimon warned of potential financial pain if interest...
JPMorgan Chase reported earnings below expectations due to weaker fixed income trading and higher expenses, causing its shares to initially drop over 3%. CEO Jamie Dimon noted a moderation in trading and investment banking activity. In contrast, Gold...
This week, five major U.S. banks—JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, and Morgan Stanley—are set to release their third-quarter earnings. The reports come amid a challenging market environment where bank shares have declined due to ...
Seven major banks including Goldman Sachs, JPMorgan, Citigroup, Wells Fargo, Bank of America, Morgan Stanley, and BlackRock are set to report earnings this week. The financial sector has been one of the weakest in the S&P 500 this year despite the in...
Earnings season heats up with major banks like JPMorgan, Goldman Sachs, and Wells Fargo reporting strong results, highlighting robust market and investment banking revenue. Taiwan Semiconductor is expected to see strong demand for AI chips, with grow...
