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The Zacks Analyst Blog Highlights JPMorgan Chase, Goldman Sachs, Citigroup, Wells Fargo Morgan Stanley and Bank of America

Zacks Investment Research·
The Zacks Analyst Blog Highlights JPMorgan Chase, Goldman Sachs, Citigroup, Wells Fargo Morgan Stanley and Bank of America

Major U.S. banks kick off Q3 earnings season with expectations for up to 20% earnings growth. However, surging Treasury yields to multi-decade highs have pressured bank shares, with the KBW Bank Index down 13% from August peaks. Investors will scrutinize impacts on dealmaking, lending growth, and funding costs amid volatile bond markets and global economic uncertainties.

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