Wall Street's biggest banks have rallied hard in 2025, outpacing the S&P 500 with an average 18% year-to-date gain, but as second-quarter earnings roll in starting July 15, analysts warn the easy gain may already be priced in.
In a note shared Wednesday, Bank of America analyst Ebrahim H. Poonawala said this earnings season may represent a “breather” for the group.
