Investment Banking

JPMorgan, Citi, Wells Fargo earnings to follow relative strength in their stocks

US’s largest banks draw investor support as havens from commercial real estate woes

Wall Street’s largest banks are on deck to report second-quarter results on 12 July
Wall Street’s largest banks are on deck to report second-quarter results on 12 July Photo: Juan Mabromata/Getty Images

JPMorgan, Wells Fargo and Citigroup all report second-quarter earnings on 12 July after relative strength in their stock prices this year as investors continue to lean into the US’s largest banks as havens from banking-sector woes.

With their diverse business models and an uptick in investment banking activity, the biggest banks have been able to deflect concerns about exposure to office property loans that have weighed on banks with fewer revenue streams.

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