business
Five Major U.S. Banks Scheduled to Report Second-Quarter Earnings Tuesday
JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and Goldman Sachs will release results before markets open. Analysts project specific revenue, earnings per share and trading figures for each bank.
Jul 14, 5:00 AM·1m read1 source
cnbc.comAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and Goldman Sachs are scheduled to report second-quarter earnings before markets open Tuesday, CNBC reported. Bank of America is expected to post earnings per share of $1.13, total revenue of $30.72 billion, investment banking revenue of $1.86 billion, equities trading revenue of $2.77 billion and net interest income of $16.23 billion, according to LSEG and StreetAccount data cited by CNBC.
m.
Tuesday. Wells Fargo is projected to report earnings per share of $1.72, total revenue of $21.39 billion and a provision for credit losses of $1.m.
Tuesday. JPMorgan Chase is forecast to report earnings per share of $5.78, total revenue of $50.m.
Tuesday. Marianne Lake left JPMorgan Chase last month. Doug Petno and Troy Rohrbaugh were named co-presidents of the commercial and investment banking division in early 2024 and each received $30 million retention bonuses last month, CNBC reported.
Jamie Dimon has stated he expects to remain CEO for roughly three more years, according to two people with knowledge of his thinking.
