Big Bank Earnings: A Potential Catalyst Amid Market Turmoil?
@Bullaroo:
illustration showing signages of bank of america, jpmorgan chase, wells fargo, citi and goldman sachs As we enter 2025, the much-anticipated earnings season for major banks is underway, with market analysts predicting robust performance across the sector. Institutions like Goldman Sachs, J.P. Morgan, Citigroup, Bank of America, and Morgan Stanley are poised to report impressive year-over-year growth in both revenue and EPS. Given this backdrop, the big question arises: can these earnings reports provide the much-needed boost to the current market, especially as it grapples with rising 10-year Treasury yields, a surging dollar index, and consecutive stock market declines? Expected Q4 Performance of Major Banks The following table highlights the anticipated earnings and revenue growth for ma