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Lenders’ results contrast with measures that show the highest credit card delinquency rates in 15 years.

Second-quarter earnings and June consumer inflation data offset continuing uncertainty about the Strait of Hormuz.

Wells Fargo & Co (WFC) reports a 25% increase in earnings per share and 9% revenue growth, while navigating expense pressures and market uncertainties.

Moby summary of Wells Fargo & Company's Q2 2026 earnings call

(Updates with market moves at the end of the day.) US stocks advanced Tuesday as investors cheere

39% That is how much the combined earnings of five big banks jumped in the most recent quarter from a year ago, with JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup and Wells Fargo collectively earning more than $49 billion.

US benchmark equity indexes were mostly higher intraday as traders assessed the latest inflation dat

Mike Santomassimo, the bank’s CFO, attributed the positive credit trends to the U.S. economy and consumers remaining resilient even in the face of stickier-than-expected inflation. Santomassimo attributed that sturdiness to a relatively stable jobs environment. “We are not seeing cracks,” Santomassimo said on a call with reporters.

Wells Fargo & Company (NYSE:WFC) reported stronger second-quarter 2026 results, with executives pointing to broad-based revenue growth, disciplined expenses, improved credit performance and balance sheet growth following the removal of the company’s asset cap last year. Chief Executive Officer

CPI fell More Than Expected

Big banks’ credit card data looks as good as ever. Delinquency rates for credit cards at JPMorgan Chase, Bank of America, Citigroup and Wells Fargo were largely down compared with a year ago, while spending volume was broadly up.

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

FEATURE The artificial-intelligence trade appeared to be reignited Tuesday as investors digested a slew of bank earnings reports ahead of the consumer-price index inflation report for June. International Business Machines sank 23% after the company’s preliminary second-quarter adjusted earnings and revenue missed analysts’ targets.

Big banks so far are reporting better-than-expected results for the second quarter: Citigroup: Profit rose 45%, with revenue up 14%. Goldman Sachs: Profit jumped 78%, and revenue surged 39%. JPMorgan: Profit soared 41%, with revenue up 28% (results were boosted by a big one-time gain on its Visa stake).

US equity futures were mixed pre-bell Tuesday as traders monitored the unabated rise of tensions in

US equity futures were mixed before the open Tuesday as traders await a key inflation report and qua

JPMorgan stock wavered between narrow gains and losses in premarket trade after its results showed second-quarter profit shot up 41%, helped by a one-off gain from its investment in Visa. Wells Fargo shares ticked higher before the bell after its results showed profit increased 17% from a year earlier.

Wells Fargo CEO Charlie Scharf sounded an optimistic note about the economy after his bank reported a 17% profit jump in the second quarter. Here’s what he had to say: “Consumers and businesses remain very strong.

Wells Fargo turned in better-than-expected second-quarter earnings thanks to strong performance from its investment banking and wealth management units. The company’s corporate and investment banking unit posted revenue of $5.4 billion for the quarter, a 16% increase from the same period last year. The wealth management unit reported revenue of $3.9 billion, up 13% year over year.

Wells Fargo said its profit increased 17% from a year earlier in the second quarter. Net income at the bank was $6.41 billion. That amounted to $2 a share, above analyst estimates of $1.72. Revenue was 9% higher at $22.

Wells Fargo reported second-quarter earnings that exceeded analysts' forecasts, with earnings per share coming in at $2. Second-quarter revenue was $22.6 billion. Wall Street analysts had expected the bank to report earnings per share of $1.

In an unusual pileup, five of the biggest banks all report earnings on the same morning when usually they are a bit more spread out. We’ll be working in overdrive here for you. Here’s the schedule of what to expect (roughly): 6:45 A.

Q2 bank earnings kick off Tuesday with the biggest names on Wall Street reporting at once, and one senior analyst thinks the results could shock even the optimists. But his most interesting call has nothing to do with JPMorgan or Goldman.

The coming batch of report cards from America’s largest banks is set to reflect that Wall Street’s core businesses are doing exceptionally well, driven by a Main Street that’s doing well enough. Strong equities-trading and investment-banking activity this spring should propel earnings at Wells Fargo, Citigroup, JPMorgan Chase, Bank of America, and Goldman Sachs, which each report within hours of each other on Tuesday. Morgan Stanley, U.S. Bancorp, and other lenders are scheduled to report in the days after.

The four largest U.S. banks and Goldman Sachs are poised to report higher profits from a year ago thanks to buoyant equity markets, a solid economy, and merger and IPO activity. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and Goldman are due to release their second-quarter earnings results on Tuesday in an unusually packed morning for bank investors.

Wall Street banks and smaller competitors remain attractive investment opportunities as financial in

The S&P 500 is heading into the second-quarter reporting cycle with consensus earnings growth projec

Wells Fargo, Goldman Sachs, Bank of America and JPMorgan Chase all report second-quarter earnings on Tuesday.

A big week for incoming earnings, inflation and interest rate data and commentary begins with another sell-off in South Korea and a refreshed energy shock.

(Bloomberg) -- Robinhood Markets Inc. is gauging investor interest in a bond backed by bills for its branded consumer credit cards, in what would be the firm’s first offering of its kind.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Says US Will Be Reimbursed 20% Rate for Hormuz TrafficTrump Embraces Australian Retirement System Backed by Larry FinkHormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for