Bank of America and Goldman Sachs climbed on earnings results earnings early Wednesday, while Morgan Stanley also beat. On Tuesday, JPMorgan, Wells Fargo and BlackRock backed away from record highs after reporting second-quarter earnings,

Second quarter earnings season kicked off on Tuesday with banks reporting strong trading and dealmaking activity.

Earnings season begins this week. With the tariff overhang and higher expectations for coming quarters, forward earnings guidance from management will be crucial.

S&P 500 EPS growth is expected to come in at 4.8% for Q2, which would be the lowest growth rate since Q4 2023.

Wall Street’s top banks just posted second-quarter numbers that blew the lid off estimates, per financial reports reviewed by Cryptopolitan. BlackRock,

JPMorgan Chase & Co. reported a net income of $14.98 billion for the second quarter of 2025, translating to earnings of $5.24 per share. This performance surpassed the expected EPS of $4.51 and was achieved despite a challenging economic landscape.

The big-bank earnings reports due this week mark the quasi-official start to the second-quarter earnings season. Analysts expect growth, but they’re also eyeing the effects of tariffs as President Donald Trump’s trade policy continues to evolve.

Tuesday marks a critical day for earnings, with JPMorgan Chase, Wells Fargo, Citigroup, State Street, and BlackRock all set to report before the opening bell. Wall Street is hoping a strong showing from financials can sustain the market’s momentum.