Four Major Banks to Report Earnings on October 13 2026
Four major U.S. banks, JPMorgan Chase (NYSE:JPM), Citigroup (NYSE:C), Wells Fargo (NYSE:WFC), and Goldman Sachs (NYSE:GS), are set to release their earnings reports on October 13, 2026. Together, these financial institutions have a combined market value of approximately USD 1.62 trillion, with JPMorgan Chase leading the pack at USD 890.6 billion. Analysts anticipate earnings per share (EPS) of USD 5.90 for JPMorgan, USD 2.65 for Citigroup, USD 1.84 for Wells Fargo, and USD 13.48 for Goldman Sachs. Revenue estimates range from USD 17.02 billion to USD 51.19 billion across the four banks.
Goldman Sachs has a strong track record, beating earnings estimates in each of the last four quarters, including a notable outperformance in July with USD 20.98 against an expected USD 14.47. The 10-year Treasury yield, closing near 5.31 percent on October 5, 2026, its highest level in 24 years, will be a key factor in analyzing the banks' net interest margins and funding costs when they report.
JPMorgan Chase, the largest of the four, is expected to report EPS of USD 5.90 on revenue of USD 51.19 billion. This estimate represents a 16.4 percent increase from the USD 5.07 reported a year earlier. The bank's recent performance against estimates has been mixed, with notable beats in April and July. Wells Fargo, with an EPS estimate of USD 1.84, is the most sensitive to interest rate changes, given its reliance on net interest income. Citigroup and Goldman Sachs will also provide insights into their performance in markets, banking, and capital markets activity.
Key risks for these banks include consumer credit concerns, commercial real estate exposure, and potential shifts in capital markets activity. Management commentary on loan growth, consumer credit, and capital return will be closely watched when the banks report on October 13.