The earnings season is about to kick off subsequent week with quarterly reviews from various main banks. JPMorgan Chase & Co. (NYSE: JPM), Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) are scheduled to report their earnings outcomes for the second quarter of 2025 on Tuesday, July 15, earlier than market opens, whereas Financial institution of America (NYSE: BAC), Goldman Sachs (NYSE: GS), and Morgan Stanley (NYSE: MS) are slated to launch their Q2 2025 outcomes on Wednesday, July 16, BMO. Right here’s a take a look at what to anticipate from the reviews:
JPMorgan
Analysts are projecting income of $43.9 billion for JPMorgan in Q2 2025, which signifies a decline of over 12% from the identical interval a yr in the past. Earnings are estimated to be $4.47 per share, implying a year-over-year drop of almost 27%. Within the first quarter of 2025, income elevated 8% YoY to $45.3 billion whereas EPS rose 14% to $5.07.
Citigroup
Citigroup is anticipated to report earnings of $1.63 per share on income of $20.83 billion for Q2 2025. This compares to EPS of $1.52 on income of $20.1 billion reported in Q2 2024. In Q1 2025, revenues elevated 3% to $21.6 billion and EPS grew 24% to $1.96 in comparison with final yr.
Wells Fargo
Analysts predict earnings of $1.40 per share on income of $20.8 billion for Wells Fargo in Q2 2025. This compares to EPS of $1.33 on income of $20.7 billion reported within the year-ago quarter. Within the first quarter of 2025, income decreased 3% YoY to $20.1 billion whereas EPS rose 16% to $1.39.
Financial institution of America
Financial institution of America is projected to report income of $26.8 billion for Q2 2025, which suggests a development of over 5% YoY. EPS is estimated to be $0.87, which compares to $0.83 final yr. In Q1 2025, income grew 6% to $27.4 billion and EPS rose 18% to $0.90 YoY.
Goldman Sachs
Analysts are projecting earnings of $9.68 per share on income of $13.54 billion for the second quarter of 2025. This compares to earnings of $8.62 per share on income of $12.73 billion reported within the second quarter of 2024. Within the first quarter of 2025, revenues elevated 6% to $15.06 billion whereas EPS rose 22% to $14.12 YoY.
Morgan Stanley
Morgan Stanley is anticipated to report income of $16.04 billion in Q2 2025, which signifies a YoY development of over 6%. EPS is projected to be $2.01, which suggests a ten% rise from the earlier yr. In Q1 2025, internet revenues elevated 17% YoY to $17.7 billion whereas EPS grew 29% to $2.60.