Goldman Sachs Q3 equities revenue jumps 72% to $6.44B, beating estimates by 32%
Goldman's trading outperformance contrasted with earnings misses at JPMorgan and Bank of America, splitting Wall Street's Q3 results.
Opening Bell Daily · +5 outlets
OCC finds nine major US banks debanked customers over political and religious beliefs
A federal regulator's findings intensify scrutiny of bank account closures, with the DOJ and lawmakers pursuing penalties.
The Daily Hodl · +14 outlets
JPMorgan Q3 net income rises 6% to $15.3B, but EPS of $5.57 misses $5.93 estimate
The profit gain came with an earnings miss as the bank also pursues a stablecoin push in digital payments.
FinanceFeeds · +7 outlets
Bank of America shares fall on earnings miss and $1.2 billion penalty
BofA's stock declined after the results, though Morgan Stanley sees incremental net interest income supporting 2027 operating leverage.
Quartz · +14 outlets
Wells Fargo Q3 earnings call highlights higher interest income outlook and AI push
Wells Fargo's results and guidance drew analyst price target revisions and attention to its AI and data leadership plans.
The Globe and Mail · +13 outlets
US regional banks signal resilient economy as lending holds firm
Regional lenders joined larger peers in reporting solid loan growth, supporting a constructive read on credit demand.
The Mighty 790 KFGO · +14 outlets
Warren Epstein bill would push regulators to disclose bank probes and penalize executives
The legislation would expose bank executives to industry bans, fines and criminal referrals.
Bankingdive · +1 outlets
Schwab stock falls 3.8% despite record $190B inflows on interest-income test
UBS called the Q3 print somewhat low quality even as organic growth remained strong.
Yahoo Finance
Truist consumer-bank chief out in leadership shakeup; bank selling $7.7B of consumer loans to Carlyle
The departure and loan sale came alongside Q3 results that missed analyst sales estimates.
Bankingdive · +4 outlets
Wall Street banks face AI dilemma as CEOs weigh opportunity against new risks
Citi, Goldman and Wells Fargo executives touted AI efficiency gains while urging rigorous testing and human accountability.
Bankingdive · +3 outlets
Big bank stocks fell 13% to 14% in the month before earnings, entering bear market territory
Analysts debated recession fears versus a bond yield shock as strong results failed to lift shares.
Opening Bell Daily · +14 outlets
PNC revenue rises on national expansion
PNC's national push and a small-business bundling strategy underpinned the revenue increase.
WSJ · +12 outlets
Federal Bank Q2 net profit rises 45% to Rs 1,386 crore on strong NII, lower NPAs
Improved asset quality and net interest income drove the Indian lender's profit jump.
Business Standard · +2 outlets
Regions Financial posts higher profit and revenue in Q3
The regional lender reported top- and bottom-line growth.
WSJ · +1 outlets
Citizens Financial Q3 earnings and revenue increase
The regional bank reported growth on both lines for the quarter.
Yahoo Finance · +13 outlets
PNB Q2 net profit rises 13% to Rs 5,532 crore as NPAs improve
The state-run Indian lender reported lower bad loans alongside profit growth.
Rediff MoneyWiz · +14 outlets
WaFd reports Q3 sales below analyst estimates despite 22% EPS growth
The bank highlighted dividend strength even as revenue fell short of expectations.
TradingView · +1 outlets
JPMorgan denies Trump's 'bare' blacklist claim, seeks dismissal of debanking lawsuit
The bank argued the president's complaint would fail multiple times over.
Bankingdive · +1 outlets