Trading earnings of the largest banks on Wall Street could reach $39 bn

11:18 - 14.07.2026


July 14, Fineko/abc.az. Analysts expect the largest US banks (JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs and Morgan Stanley) to report about combined trading revenue of approx. $39 bn in the 2nd quarter.

Amid market volatility and high interest rates, traders' earnings are close to record levels.

In particular, Goldman Sachs's equity division is on track to generate more than $5 bn.

Experts from Keefe, Bruyette & Woods note that despite the increase in margins due to high interest rates, there are still risks of borrower insolvency, which may force lenders to increase their provisions for non-performing loans.