Analysts forecast that the five largest US investment banks will report combined equities and fixed income trading revenues of about $38B for the quarter. Sridhar Natarajan, Bloomberg's chief Wall Street correspondent, expects varied outcomes across the institutions rather than a uniform trend. Along with the top five banks, Wells Fargo will release its results on Tuesday or Wednesday morning.
Tuesday, October 20, 2026
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US Bank Stocks Teeter in Correction Territory Before Q3 Earnings
Earnings8 days ago
Long-term borrowing costs have reached their highest levels in decades, shifting the focus of investors toward the viability of the American consumer. This pressure has pushed shares of major US financial institutions toward a correction just as the group begins reporting third-quarter results on Tuesday. Market participants are looking to executives from firms such as JPMorgan Chase and Bank of America to assess if high rates are eroding household stability.
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