The first-quarter earnings season will kick off with big US banks, including JPMorgan Chase and Wells Fargo, later today, followed by Bank of America, Citigroup, and Morgan Stanley next week. After a turbulent week on Wall Street, results from these flagship lenders will offer critical insights into the broader economic impact of President Trump’s sweeping tariffs on business sentiment and outlooks.
Analysts expect the banks to deliver solid results for the first three months of the year, supported by a still-resilient US economy during the period. However, attention will likely shift toward forward guidance, with expectations for a more cautious tone amid rising economic uncertainties. Growth outlooks are expected to be revised downwards, a key metric for investors as they assess the longer-term effects of trade disruption.
