Major US banks to report Q3 earnings; risks from rising interest rates under scrutiny
JPM JPMorgan Chase & Co
$332.99 +0.47%
View chart & analysis → - 1JPMorgan Chase, Goldman Sachs, and Citigroup will begin reporting third-quarter results on Tuesday.
- 2The market capitalization of these five banks has decreased by $270 billion from this summer's peak to Friday's close.
- 3According to a Truist Securities survey earlier this month, 35% of institutional investors expect bank stocks to outperform market returns.
So what's the key point?
What is the main point? Large banks, including JPMorgan Chase, are releasing their third-quarter results. Investors are paying close attention because the value of these banks has dropped by $270 billion recently.
Source Yahoo Finance · View original ↗
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