Six Major US Financial Firms Post Sharp Profit Gains in April–June Quarter

Earnings
โดย Jiji Press·Read original
Summary · why it matters

The six major US financial firms have all reported their April–June 2026 quarter results, each posting sharp profit increases. The largest, JPMorgan Chase, saw net profit jump 41 percent year-on-year to 21.1 billion dollars, with equity underwriting fees surging 78 percent, corporate bond underwriting fees up 19 percent, investment banking fees rising 30 percent, and equity trading revenue soaring 86 percent. Goldman Sachs posted a 78 percent profit gain, Morgan Stanley a 58 percent increase, while Bank of America, Citigroup, and Wells Fargo also recorded higher profits. Large IPO deals and volatile markets boosted performance.

Impact on stocks 6

Financials▲ · 4 stocks
Wells Fargo & Company
WFC
▲ PositiveCapitalrelevance

Wells Fargo reported higher profits in the April-June quarter, driven by strong investment banking and trading revenue.

Goldman Sachs Group Inc
GS
▲ PositiveCapitalrelevance

Goldman Sachs posted a 78% profit gain, driven by strong investment banking and trading.

Morgan Stanley
MS
▲ PositiveCapitalrelevance

Morgan Stanley reported a 58% profit increase in the quarter.

Digital Finance & Tokenization▲ · 2 stocks
JPMorgan Chase & Co
JPM
▲ PositiveCapitalrelevance

JPMorgan Chase net profit jumped 41% with surging underwriting and trading revenues.

Citigroup Inc.
C
▲ PositiveCapitalrelevance

Citigroup recorded higher profits in the April-June quarter.

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