Breaking Down Bank Earnings
NeutralFinancial Markets

As the earnings season kicks off, traders are closely watching the performance of major banks. JPMorgan Chase & Co. has shown resilience by surpassing estimates in trading and investment-banking fees, while Goldman Sachs Group Inc. experienced a decline due to a slight miss in equities revenue. Citigroup Inc. performed well, with revenue exceeding expectations across all divisions, and Wells Fargo managed to raise a key profitability metric despite a slight miss in net interest income. This earnings season is crucial as it sets the tone for the financial sector's performance in the coming months.
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