Diversified Banks Q1 Earnings Mixed, JPMorgan Revenue Tops Estimates

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

The diversified banks sector reported mixed first-quarter results, with aggregate revenues beating analyst consensus by 1%. JPMorgan Chase posted revenue of $50.54 billion, up 9.8% year-on-year and exceeding expectations by 2.2%, while Citigroup delivered the strongest performance among peers with revenue of $24.66 billion, a 14.1% increase that beat estimates by 5.1%. Wells Fargo was the weakest, with revenue of $21.52 billion missing forecasts by 1.2%. Bank of America and U.S. Bancorp also reported, with revenues of $30.37 billion and $7.32 billion respectively. Share prices across the group have risen an average of 7.4% since the earnings releases.

Impact on stocks 5

Financials▼ · 3 stocks
Wells Fargo & Company
WFC
▼ NegativeCapitalrelevance

Revenue of $21.52 billion missed forecasts by 1.2%, weakest among peers.

Bank of America Corp
BAC
± MixedCapitalrelevance

Revenue of $30.37 billion reported, but no comparison to estimates or clear positive/negative signal.

U.S. Bancorp
USB
± MixedCapitalrelevance

Revenue of $7.32 billion reported, but no comparison to estimates or clear signal.

Digital Finance & Tokenization▲ · 2 stocks
Citigroup Inc.
C
▲ PositiveCapitalrelevance

Revenue of $24.66 billion beat estimates by 5.1%, strongest performance among peers.

JPMorgan Chase & Co
JPM
▲ PositiveCapitalrelevance

Revenue of $50.54 billion exceeded expectations by 2.2%, up 9.8% YoY.

© 2026 MarketDXNews