Wall Street's five largest banks report $50.5 billion in combined trading revenue for Q2

Earnings
โดย Seeking Alpha·Read original
Summary · why it matters

The five largest U.S. banks reported a combined $50.53 billion in trading revenue for the second quarter of 2026. According to Bloomberg data, this quarterly haul represents more than a third of the $145 billion total these institutions generated from trading in all of 2025. The blowout numbers were driven by heightened market volatility and surging equities trading revenue at JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley. Goldman Sachs saw its stock surge 9% after disclosing a 55% year-over-year jump in investment banking fees, while JPMorgan Chase reported an 86% surge in equities revenue.

Impact on stocks 5

Financials▲ · 3 stocks
Goldman Sachs Group Inc
GS
▲ PositiveDemandrelevance

Goldman Sachs saw stock surge 9% after disclosing a 55% year-over-year jump in investment banking fees, plus strong trading revenue.

Bank of America Corp
BAC
▲ PositiveDemandrelevance

Bank of America reported strong trading revenue driven by heightened market volatility and surging equities trading.

Morgan Stanley
MS
▲ PositiveDemandrelevance

Morgan Stanley reported strong trading revenue driven by heightened market volatility and surging equities trading.

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

JPMorgan Chase reported an 86% surge in equities revenue, contributing to strong trading revenue.

Citigroup Inc.
C
▲ PositiveDemandrelevance

Citigroup reported strong trading revenue driven by heightened market volatility and surging equities trading.

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