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 rates rise further. Meanwhile, Goldman Sachs exceeded revenue and earnings expectations, driven by strong equities trading. Citigroup also beat estimates, while Wells Fargo had mixed results. Bank of America and Morgan Stanley are set to report next.
As of Oct 13, 2026 20:31 WIB, JPMorgan shares trade at USD 342.34, up 2.41%, nearing its 52-week high of USD 365.18, while Goldman Sachs is higher at USD 918.54, gaining 2.75% but still below its 52-week peak of USD 1.15K. Citigroup, in contrast, trades lower at USD 133.01 with a modest 0.82% increase, closer to its 52-week low of USD 96.10. This shows varied investor responses on Pluang to the mixed earnings reports from these major banks.
JPMorgan Chase reported Q3 earnings per share of $5.75, below the $5.93 analyst estimate, and revenue of $50.2 billion, missing the $51.2 billion forecast. Despite these misses, the bank's profit grew, driven by strong investment banking and trading ...
JPMorgan Chase reported a 6% increase in third-quarter net income to $15.3 billion, but earnings per share and revenue fell short of analyst expectations. The bank earned $5.57 per share on $50.2 billion revenue, below forecasts of $5.93 per share an...
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...
