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US Bank Earnings Surpass Wall Street Expectations

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July 14, 2026

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Major bank earnings are officially underway and the biggest banks are putting up historic numbers for the second quarter. Norah Mulinda has more.

Major US banks posted record Q2 profits driven by a trading bonanza, with Goldman Sachs taking in a record $7.42 billion in equities trading and JPMorgan Chase reporting its highest profit ever on a $6 billion stock-trading haul.

Bank of America also notched an equity-trading record, while Citi and Wells Fargo both beat Wall Street estimates.

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Norah MulindaMajor USGoldman SachsJPMorgan ChaseWells FargoWall StreetSubscribe Bloomberg NewsYouTube Connect

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