U.S. banks kicked off the third-quarter earnings season with a wave of upside surprises, as JPMorgan Chase & Co. (NYSE:JPM), Goldman Sachs Group Inc. (NYSE:GS), Wells Fargo & Co. (NYSE:WFC), and Citigroup Inc. (NYSE:C) all topped Wall Street expectations, signaling continued strength across lending, trading, and consumer banking.
| Company | EPS | EPS Surprise | Revenue (B) | Revenue Surprise |
|---|---|---|---|---|
| JPMorgan Chase & Co. | $5.07 | +4.84% | $47.12 | +3.82% |
| Citigroup Inc. | $2.24 | +17.89% | $22.09 | +4.76% |
| Wells Fargo & Co. | $1.66 | +7.44% | $21.44 | +1.37% |
| Goldman Sachs Group Inc. | $12.25 | +11.38% | $15.18 | +7.69% |
