Five Major U.S. Banks Report Record Profits in Q2 2026
In the second quarter of 2026, five major U.S. banks—JPMorgan Chase, Goldman Sachs, Bank of America, Wells Fargo, and Citigroup—reported combined profits exceeding $49 billion. The surge was driven by strong performance in trading and investment banking activities rather than traditional lending.
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Topics: bank earnings investment banking fees trading revenue