Bank Earnings Season Opens Tuesday, July 14: JPMorgan, Goldman, Wells Fargo, Citigroup and Bank of America All Set to Report

Five Big Banks, One Morning

JPMorgan Chase, Bank of America, Goldman Sachs, Wells Fargo and Citigroup are all scheduled to report second-quarter earnings before the opening bell Tuesday, July 14, according to CNBC. That's the unofficial starting gun for Q2 2026 earnings season.

The timing is loaded. The June consumer price index report is also due out at 8:30 a.m. ET Tuesday, the same moment JPMorgan's conference call with CEO Jamie Dimon is set to begin, CNBC reported. Investors get inflation data and bank commentary on the health of consumers and corporations within minutes of each other.

Elsewhere this week, Johnson & Johnson reports earnings Wednesday morning, CNBC reported. Netflix, trucking firm J.B. Hunt and United Airlines also report earnings this week, according to CNBC, with J.B. Hunt and United watched as bellwethers for freight volume and travel demand — two areas that tend to move before broader economic data catches up.

The Numbers Analysts Are Expecting

FactSet data shows analysts estimate S&P 500 profits rose 23.3% year-over-year in the June quarter, according to CNBC. If that estimate holds, it would mark the second straight quarter of earnings-per-share growth above 20%.

That's a high bar. LSEG data cited by CNBC shows Bank of America is expected to post year-over-year earnings growth above 25%, while JPMorgan is forecast for roughly 10% growth in both revenue and earnings. Goldman Sachs is projected to show earnings growth above 30%, driven in part by strength in equities trading.

Jefferies analyst David Chiaverini, who has a buy rating on Bank of America, wrote that he expects net interest income to track toward the high end of management's 6%-8% full-year 2026 outlook, supported by fixed asset repricing and balance sheet growth, according to CNBC.

Bank of America's own analyst, Ebrahim Poonawala, called JPMorgan's setup "the most asymmetric risk/reward" among the group, per CNBC, even while acknowledging investor worry over what he described as management's cautious messaging on EPS growth and JPMorgan's public pushback against proposed changes to bank regulatory capital rules.

History Isn't Always Kind

Not every bank has a clean track record on earnings day. Data from Bespoke Investment Group shows Bank of America beats earnings estimates 81% of the time, and its shares rose after two of its last three earnings releases, according to CNBC.

JPMorgan has had a rougher run. Its shares fell after each of its last four earnings releases, CNBC reported, meaning Tuesday's report will test whether the bank can finally snap that losing streak even as its underlying numbers keep coming in ahead of estimates.

The Bigger Picture

The stock market has been trading close to record highs even as tensions between Iran and the United States linger, and even as investors weigh the possibility that the Federal Reserve's next move could be to raise rates rather than cut them, according to CNBC. A 23.3% projected profit growth rate is a high number to clear in an environment where borrowing costs could rise further and geopolitical risk premiums are already elevated.

Investors will get their first hard data point at 8:30 a.m. ET Tuesday, right alongside the June CPI print.