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JPMorgan

Banks Expected to Report Earnings Decline

Banks Expected to Report Earnings Decline

JPM, Wells Fargo and Citi brace for Q2 earnings on Friday, 11 July, each poised to steer their own challenges amidst looming Fed rate cuts as analysts warn of higher provisions.

Major US Banks Reporting Friday

Major US Banks Reporting Friday

Major US bank earnings for Q4 are expected to be mixed as higher costs, and subdued lending may have weighed on profits despite some potentially benefiting from higher interest rates. The upcoming reports on Friday, January 12, can provide important insights into the 2024 economic outlook.


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