Visible Alpha Breakdown Of U.S. Banks' Second Quarter 2026 Earnings Expectations

JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are all poised for strong earnings growth in Q2, with consensus estimates pointing to broad-based top-line growth. Despite improving revenues, lending profitability remains uneven. Net interest margins are expected to remain broadly stable in Q2, averaging 2.36% across the four largest banks, down slightly from last quarter. Loan growth is expected to outpace deposit growth across the banks, suggesting improving credit demand. Aggregate provisions for credit losses are forecast to rise a modest 1.8% year-on-year, although the trend varies across banks.

The big four US lenders will kick off second-quarter earnings season on Tuesday, July 14. Based on Visible Alpha consensus estimates, JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (