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 rising long-term Treasury yields hitting levels not seen since 2002, impacting bond values and deposit competition. The banks' strong second-quarter trading and dealmaking results set high expectations, with investors closely watching net interest income, credit quality, and the upcoming September Consumer Price Index report for clues on inflation and Federal Reserve policy. These earnings will indicate whether banks can sustain profits despite pressure from higher yields and market shifts.
As of Oct 12, 2026 19:14 WIB, JPMorgan Chase trades at USD 334.50, closer to its 52-week high of USD 365.18 than its low of USD 282.84, showing resilience amid rising yields. Goldman Sachs, priced at USD 899.00, remains well below its 52-week peak of USD 1.15K, while Wells Fargo at USD 83.92 is nearer to its 52-week low of USD 73.42 than its high of USD 96.40. These contrasts highlight varied investor confidence levels across major banks as they prepare to report earnings this week.
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...
US stock markets closed higher with the Dow Jones up 0.93%, Nasdaq up 0.64%, and S&P 500 up 1.15%. Investors are focused on inflation and interest rates after the Fed's recent rate hike. The upcoming September CPI report, expected Wednesday, could in...
Jimmy Cayne, who spent 38 years at Bear Stearns and accumulated 5.6 million shares, saw the stock plunge 88% from $88.35 to $10.82 in less than three months during 2008. Despite his deep knowledge as CEO, the rapid collapse of Bear Stearns revealed t...
Jim Cramer highlights that next week's earnings reports from major banks like Goldman Sachs, Wells Fargo, JPMorgan Chase, and Citigroup, along with semiconductor companies such as ASML and Taiwan Semiconductor, will clarify corporate performance and ...
JPMorgan Chase will release its Q3 2026 earnings on October 13, marking the start of the bank earnings season. Analysts expect earnings per share of about $5.93 to $5.94 and revenue between $51.20 billion and $52.21 billion, driven by strong trading ...
