The leading players in the banking industry are set to report their earnings results for the first quarter of 2025 over this week and the next. While majors JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co. (NYSE: WFC) and Morgan Stanley (NYSE: MS) will report their results on Friday, April 11, Goldman Sachs (NYSE: GS) will announce its earnings on Monday, April 14, followed by Bank of America (NYSE: BAC) and Citigroup (NYSE: C) on Tuesday, April 15, all before market open. Here’s a look at what to expect from these reports:
JPMorgan
Analysts are projecting earnings of $4.64 per share on revenues of $44.1 billion for JPMorgan in Q1 2025. This compares to earnings of $4.44 per share on revenues of $41.9 billion reported in Q1 2024. In Q4 2024, reported revenue grew 11% year-over-year to $42.7 billion while EPS grew 58% to $4.81.
Morgan Stanley
Morgan Stanley is expected to report revenue of $16.5 billion and earnings of $2.19 per share in Q1 2025. This compares to revenue of $15.1 billion and EPS of $2.02 reported in Q1 2024. In Q4 2024, revenues grew 26% YoY to $16.2 billion while EPS amounted to $2.22.
Wells Fargo
Wells Fargo is projected to report revenue of $20.76 billion for the first quarter of 2025 which compares to revenue of $20.86 billion reported in the same period a year ago. The consensus target for EPS is $1.23 which compares to EPS of $1.20 reported in Q1 2024. In Q4 2024, revenues remained flat YoY at $20.4 billion while EPS rose 66% to $1.43.
Goldman Sachs
Analysts are forecasting revenue of $14.71 billion for GS in Q1 2025 which implies a growth of over 3% from the same period a year ago. EPS for Q1 2025 is projected to be $12.27 which compares to EPS of $11.58 reported in Q1 2024. In Q4 2024, revenues increased 23% YoY to $13.87 billion while EPS was $11.95.
Bank of America
Bank of America is projected to report earnings of $0.82 per share on revenue of $26.9 billion for Q1 2025. This compares to EPS of $0.76 on revenue of $25.8 billion reported in Q1 2024. In Q4 2024, revenues increased 15% YoY to $25.3 billion while EPS amounted to $0.82.
Citigroup
Citigroup is expected to report earnings of $1.85 per share on revenue of $21.2 billion in Q1 2025. This compares to EPS of $1.58 on revenue of $21.1 billion reported in Q1 2024. In Q4 2024, the company reported EPS of $1.34 on revenue of $19.6 billion.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
