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Bank earnings

What to look for as bank earnings reports start rolling in

by Samantha Fields
Jul 13, 2023
Coming after a series of bank failures, the quarterly results indicate the sector's financial condition and offer clues about the larger economy.
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Banks in Turmoil

Big banks reported a strong first quarter but are still bracing for economic downturn

by Henry Epp
Apr 21, 2023
The big banks made big money.
Big banks have done well despite the recent failures of Silicon Valley Bank and Signature Bank. 
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Banks in Turmoil

Banks to start reporting quarterly earnings, providing clues about the economy

by Mitchell Hartman
Apr 13, 2023
First up: the biggest financial institutions. They're likely to show strong results.
Citibank is among the large financial institutions that will report results Friday. Considering recent instability in the sector, analysts will examine the data closely.
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Fourth-quarter reports show some big banks are saving for a recession

by Mitchell Hartman
Jan 13, 2023
In the face of high inflation, rising interest rates and a slowing global economy, banks are setting aside reserves — just in case.
Bank of America told investors Friday that it generated a 2% profit bump last quarter. Many big banks have been squirreling away cash to prepare for an economic downturn.
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Why big banks are "canaries in the economic coal mine"

by Mitchell Hartman
Jan 9, 2023
On Friday, Bank of America, Citigroup, Wells Fargo and JPMorgan Chase will post earning reports. Parts of their business struggled in the fourth quarter.
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Lending is strong as borrowers tap their credit

by Justin Ho
Jul 18, 2022
Banks are reporting increased lending to both consumers and businesses.
People have been spending more on their credit cards, and some are using buy-now, pay-later services, says Andrew Davidson with Comperemedia.
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Big banks' second-quarter earnings come with caveats

by Amanda Peacher
Jul 13, 2021
Remember: this economy is very unusual.
The headquarters of Goldman Sachs in New York City. The bank reported second-quarter earnings today that blew past Wall Street expectations, posting a net profit of almost $5.5 billion.
Johannes Eisele/AFP via Getty Images
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COVID-19

Banks earnings expected to reflect an economy that is reopening

by Mitchell Hartman
Apr 13, 2021
A strong stock market is giving banks a boost at the moment.
With unemployment still high, however, it’s hard for some households to make their monthly payments on credit cards, auto and home loans, said Greg McBride at Bankrate.com.
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COVID-19

Why big banks are reporting better-than-expected earnings during the pandemic downturn

by Mitchell Hartman
Oct 14, 2020
Quarterly earnings for big banks like Citigroup and JPMorgan Chase are beating expectations thanks to a soaring stock market.
Citigroup's net income of $3.2 billion, or $1.40 per share, topped analyst expectations for the third quarter.
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COVID-19

With COVID-19 hammering the economy, banks report first quarter earnings

by Nancy Marshall-Genzer
Apr 14, 2020
Many banks are still expected to pay dividends to shareholders.
The impact of the coronavirus crisis won’t show up until the second quarter, and some banks will soften the blow with profits from administering federal stimulus programs.
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