JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and Goldman Sachs are set to report earnings before the markets open Tuesday.Investors are expecting that the five big banks saw strong revenue from trading equities and fixed income during the second quarter.The SpaceX IPO drove surging fees for Goldman Sachs and Morgan Stanley, while commercial lending is showing signs of a turnaround and consumer credit is expected to remain resilient.13 Min AgoWall Street's longest running saga: The race to succeed JPMorgan CEO Jamie DimonCo-CEOs of Commercial & Investment Bank at JPMorganChase, Troy Rohrbaugh and Douglas Petno.Courtesy: JPMorganChaseThis will be the first chance that analysts have to directly ask JPMorgan CEO Jamie Dimon questions about succession planning after the sudden exit of Marianne Lake, who had been considered a top candidate.As CNBC and others reported last month, Dimon expects to remain CEO for roughly three more years, though that timeline could change, according to two people with knowledge of his thinking. After that, he'll spend some time as chairman.Since Dimon has spent more than a decade saying that retirement was five years away, analysts will want to quiz him on how he's thinking about the issue.Meanwhile, Doug Petno and Troy Rohrbaugh, who have jointly led the bank's commercial and investment banking division since early 2024, are now the top contenders to succeed Dimon.They were made co-presidents and were each awarded $30 million retention bonuses last month. — Hugh Son5 Min AgoHere's what analysts are expecting from JPMorganJamie Dimon, CEO of JPMorgan Chase, departs the Capitol in Washington, Feb. 25, 2026.Graeme Sloan | Bloomberg | Getty ImagesJPMorgan Chase is scheduled to report second-quarter earnings before the opening bell Tuesday.JPMorgan, led by longtime CEO Jamie Dimon, is the biggest U.S. bank by assets and the largest in the world by market capitalization. Here's what Wall Street expects:Earnings per share: $5.78, according to LSEGRevenue: $50.19 billion, according to LSEGInvestment banking fees: $2.82 billion, according to StreetAccountTrading revenue: Fixed income of $6.22 billion, equities of $3.89 billion, according to StreetAccountCompany executives will hold a conference call with analysts at 8:30 a.m. ET. — Hugh Son15 Min AgoFive megabanks posting earnings on the same day? 'It's never happened before'(L-R) Charles Scharf, CEO and President of Wells Fargo and Company; Brian Thomas Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; Jane Fraser, CEO of Citigroup; Ronald O’Hanley, CEO of State Street; Robin Vince, CEO of BNY Mellon; David Solomon, CEO of Goldman Sachs; and James Gorman, CEO of Morgan Stanley, testify during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC.Win Mcnamee | Getty ImagesFor more than four decades, Portales Partners analyst Charles Peabody has covered bank earnings.In all that time, there's never been a bank earnings day as crowded as today, he said.Oftentimes, JPMorgan, Citigroup and Wells Fargo will report on the first day of earnings week, followed by Bank of America, Goldman Sachs and Morgan Stanley on subsequent days, he said. His theory: Banks are rushing to disclose robust earnings."It's never happened before," Peabody told CNBC. "You're assuming there's going to be really good news out of those banks" that pushed their earnings dates ahead.Still, it doesn't make the job of covering banks any easier."You're not going to get a lot of deep analysis on Day 1," Peabody said. "We'll need more time."— Hugh Son
Bank earnings live updates: JPMorgan, BofA, Goldman, Citi and Wells Fargo are set to report
The five banks releasing earnings Tuesday morning are expected to report strong revenue from trading equities and fixed income.











