Bank Earnings Week Kicks Off (JPMorgan, UnitedHealth, Custodian Banks)

M Alfathan RahmanM Alfathan RahmanHendrie Saputra
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Bank Earnings Week Kicks Off (JPMorgan, UnitedHealth, Custodian Banks)

Summary

  • JPMorgan Chase (JPM) reports Q3 results on Tuesday, with consensus at EPS of $5.86 and revenue of $50,847 million, according to Hudson Labs.
  • Goldman Sachs, Citigroup and Wells Fargo also report Tuesday, followed by State Street on October 14 and BNY on October 15.
  • Investors will weigh bank results alongside September CPI on Wednesday, as Nasdaq 100 futures fell 0.8% late Monday, per Investing.com.

Gotrade News - JPMorgan Chase (JPM) opens the third-quarter bank earnings season on Tuesday, October 13, with Wall Street expecting EPS of $5.86 on revenue of $50,847 million, according to Hudson Labs. Goldman Sachs, Citigroup and Wells Fargo also report Tuesday, as US stock futures turned mixed ahead of the results.

As reported by Investing.com, the bank reports kick off a week in which investors will also weigh September inflation data, with the consumer price index due Wednesday and producer prices plus retail sales due Thursday. UnitedHealth Group (UNH) and Johnson & Johnson are also scheduled to report, per the same report.

JPMorgan Q3 Consensus: EPS $5.86, Revenue $50.8 Billion

Hudson Labs, in a preview published September 28, put consensus for JPMorgan's third quarter at the figures below. The bank will report the actual results against these estimates.

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JPMorgan Q3 2026 consensus (Hudson Labs)Estimate
Revenue$50,847 million
EPS (GAAP)$5.86
Net income$15,739 million






Investing.com said investors will focus on lending activity, investment banking, consumer credit trends and the banks' commentary on the economic outlook. According to Hudson Labs, the key question in capital markets is whether Markets and Investment Banking can sustain the record levels of the second quarter, which the research firm said benefited from pulled-forward activity and one-off events.

JPM, UNH, STT and BNY Market Data

TickerCloseDaily changeMarket cap
JPM$334.30+0.39%$888.6 billion
UNH$378.52-0.21%$339.8 billion
STT$174.93-0.02%$48.1 billion
BNY$142.85+0.10%$96.9 billion

Regular-session close on October 12, 2026, New York time. Prices and changes: Yahoo Finance, cross-checked against Nasdaq's official close. Market cap: Nasdaq, as of October 13, 2026.

JPMorgan Guides 2026 Net Interest Income to About $105.5 Billion

After its second quarter, JPMorgan raised its full-year 2026 guidance for total net interest income to about $105.5 billion from $103 billion, and for net interest income excluding Markets to about $96.5 billion from $95 billion, according to Hudson Labs. The bank also lifted its adjusted expense guidance to about $107.5 billion from $105 billion, which Hudson Labs attributed mainly to higher volume- and revenue-related costs.

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On credit, JPMorgan lowered its expected card net charge-off rate to about 3.2% from 3.4%, per Hudson Labs, which noted the second-quarter card net charge-off rate was 3.34%. Second-quarter average deposits rose 7% and average loans rose 10% from a year earlier, while expenses climbed 15%, the firm said.

Management has described its stance as "cautiously optimistic," and Hudson Labs flagged its views on macro risks, AI-driven productivity and deployment of more than $40 billion in excess capital as items to watch.

Custodian Banks: State Street on Oct 14, BNY on Oct 15

The custodian banks follow later in the week. According to the company's own announcement, State Street (STT) will release third-quarter results at approximately 7:30 a.m. ET on Wednesday, October 14, with a conference call at 11:00 a.m. ET. BNY (BNY) plans to release its third-quarter results at approximately 6:30 a.m. ET on Thursday, October 15, followed by an 11:00 a.m. ET call, according to the bank's earnings calendar.

Date (ET)Scheduled reports, per the companies and Investing.com
Tuesday, Oct 13JPMorgan Chase, Goldman Sachs, Citigroup, Wells Fargo
Wednesday, Oct 14State Street (about 7:30 a.m.), September CPI
Thursday, Oct 15BNY (about 6:30 a.m.), producer prices, retail sales






Nasdaq Futures Fall 0.8% Ahead of Bank Results

Late Monday, S&P 500 futures slipped 0.2% to 7,840.0 and Nasdaq 100 futures fell 0.8% to 30,646.50, while Dow futures rose 0.2% to 52,187.0, according to Investing.com. On Monday, the Dow closed up 0.4%, the S&P 500 dipped 0.1% and the Nasdaq Composite lost 0.5%, the outlet reported.

Investing.com said the tech weakness tracked a sharp selloff in Asian memory chipmakers after reports that China's ChangXin Memory Technologies advanced a next-generation DRAM design.

Oil added another layer: Brent crude rose about 2% to $106.65 on Monday after strikes on Riyadh's international airport, and the outlet said higher oil could reinforce inflation pressures and complicate the Federal Reserve's outlook ahead of the US CPI report this week.

This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.

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Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.


M Alfathan Rahman
Written by
M Alfathan Rahman
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms registered with Kominfo (Indonesia's Ministry of Communication and Informatics). His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
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Hendrie Saputra
Reviewed by
Hendrie Saputra
Expert Reviewer
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
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