Major U.S. Banks Prepare to Release Q2 Earnings Amid Market Scrutiny

Bank of America Earnings Outlook

A Bank of America branch in Hanover, Maryland, photographed on March 30, 2026.

Heather Diehl | Getty Images

Bank of America will disclose its second‑quarter results before the market opens on Tuesday. Analysts surveyed by LSEG anticipate earnings of $1.13 per share on revenue of $30.72 billion.

The company will host a conference call with analysts at 8:30 a.m. ET.

— Laya Neelakandan

Analyst Expectations for Wells Fargo

Wells Fargo’s headquarters in Washington, DC, captured during an Economic Club luncheon on April 20, 2026.

Chip Somodevilla | Getty Images

Wells Fargo is scheduled to report second‑quarter earnings before the market opens on Tuesday. The bank’s leadership, under CEO Charlie Scharf, is being watched for signs of momentum following the Federal Reserve’s removal of a balance‑sheet restriction last year.

Wall Street consensus estimates, per LSEG, are $1.72 earnings per share and $21.84 billion in revenue. Additional figures include $12.39 billion net interest income and a $1.2 billion provision for credit losses, according to StreetAccount.

The firm will conduct a conference call with analysts at 10:00 a.m. ET.

— Hugh Son

JPMorgan Chase’s Upcoming Results

Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol on February 25, 2026.

Graeme Sloan | Bloomberg | Getty Images

JPMorgan Chase will release its second‑quarter earnings before the market opens on Tuesday. As the nation’s largest bank by assets and the world’s biggest by market capitalization, its performance is closely watched.

Analyst expectations compiled by LSEG project earnings of $5.78 per share on revenue of $50.19 billion. Additional metrics include $2.82 billion in investment‑banking fees, $6.22 billion in fixed‑income trading revenue, and $3.89 billion in equities trading revenue, per StreetAccount.

The company will host a conference call with analysts at 8:30 a.m. ET.

— Hugh Son

Record‑Setting Earnings Day for the Megabanks

CEOs of the nation’s largest banks — Jamie Dimon of JPMorgan Chase, Brian Moynihan of Bank of America, Charles Scharf of Wells Fargo, Jane Fraser of Citigroup, Ronald O’Hanley of State Street, Robin Vince of BNY Mellon, David Solomon of Goldman Sachs, and James Gorman of Morgan Stanley — testify before the Senate Banking Committee in Washington, DC, on December 6, 2023.

Win McNamee | Getty Images

For decades, Portales Partners analyst Charles Peabody has monitored bank earnings. He notes that a day featuring simultaneous results from all major banks is unprecedented.

“It’s never happened before,” Peabody said in an interview with CNBC. “The market is assuming each institution will deliver strong results, which is why they have moved their reporting dates forward.”

While the volume of data is impressive, Peabody cautions that deep analysis will require additional time.

— Hugh Son

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