The big banks open Q2 2026 earnings season. Citigroup leads on July 6, with JPMorgan, Bank of America, and Wells Fargo clustered July 14–15. Net interest margin, investment-banking fees, and consumer credit charge-offs are the dominant themes — and JPM on July 15 is the single most important financial print of the quarter.
Citigroup (C) — Monday, July 6, 7:30 AM EDT
Current price ~$62. Net interest margin compression risk as the market prices Fed cuts, plus an investment-banking revenue recovery story. Watch NIM trajectory, deposit beta guidance, consumer credit signals, and CIB revenue. Cost-reduction execution is the swing factor.
Wells Fargo (WFC) — Tuesday, July 14, 7:00 AM EDT
Current price ~$75. Similar NIM setup to Citi, with a better cost-control narrative. Watch NIM (deposit repricing lag), net interest income, non-interest income (IB and trading), and credit quality (net charge-offs). Buyback and dividend growth signal management confidence.
Bank of America (BAC) — Wednesday, July 15, 7:00 AM EDT
Current price ~$38. NIM stability is the question; deposit competition is the headwind. Wealth management (Merrill Lynch) is the bright spot — track AUM trends and advisory revenue. Upside: investment-banking recovery and buyback acceleration.
JPMorgan Chase (JPM) — Wednesday, July 15, 7:00 AM EDT
Current price ~$195. The bellwether. JPM is the most diversified US bank with the strongest IB franchise and a clean consumer-credit read through the card book. Watch net interest income, IB fees (advisory, M&A, ECM), net charge-off trends, and tangible book value growth. Single most important financial print of the season.
How to trade bank earnings in July 2026
JPM on July 15 sets the tone for the entire financials basket — fade or follow based on the NIM and IB commentary. A clean JPM beat typically pulls BAC and WFC higher in sympathy on the same day. The credit-card charge-off line is the cleanest consumer-credit read available outside the official data; rising charge-offs are negative for consumer discretionary names. Implied moves on the big banks typically run 3–5% — defined-risk verticals are the standard expression.
Use this on Earnings Compass
Frequently asked questions
- When does JPMorgan report Q2 2026 earnings?
- JPMorgan Chase (JPM) reports on Wednesday, July 15, 2026 at 7:00 AM EDT. The focus is net interest income, investment-banking fees, card charge-offs, and tangible book value growth.
- When do Bank of America and Wells Fargo report Q2 2026 earnings?
- Bank of America (BAC) reports on Wednesday, July 15, 2026 at 7:00 AM EDT. Wells Fargo (WFC) reports on Tuesday, July 14, 2026 at 7:00 AM EDT.
- When does Citigroup report Q2 2026 earnings?
- Citigroup (C) reports on Monday, July 6, 2026 at 7:30 AM EDT, kicking off the big-bank earnings cycle.
- Which bank earnings matter most in July 2026?
- JPMorgan on July 15 is the bellwether print — NIM, IB fees, and consumer-credit charge-offs set the tone for the entire financials basket and read through to consumer-discretionary stocks.
- What is net interest margin (NIM) and why does it matter for bank earnings?
- Net interest margin is the spread between what a bank earns on loans and pays on deposits. In July 2026, with the market pricing Fed cuts, NIM compression risk is the dominant variable for bank earnings — every basis point of NIM moves billions in net interest income for the largest banks.