Analysts forecast all eight major US banks to exceed EPS estimates due to strong capital markets and wealth management flows.
Bank of America analysts expect all eight major US banks to surpass both their own and consensus earnings-per-share estimates in upcoming reports. Strong capital markets activity, resilient economic conditions, and improving wealth management flows are cited as key drivers for the positive revisions in second-half 2026 and fiscal 2027 earnings.
The firm highlights potential upside in net interest income, particularly for JPMorgan Chase and Citigroup, alongside stronger wealth management flows at Morgan Stanley and Northern Trust. While trading and investment banking revenue beats are often overlooked, underlying revenue trends could lead to broader earnings revisions.
JPMorgan Chase is noted for having the most asymmetric risk-reward setup heading into results, with investors focused on manageable risks and sustained performance.