A number of major banks are set to publish their earnings results for the fourth quarter of 2025 this week. While JPMorgan Chase & Co. (NYSE: JPM) will report its results on Tuesday, January 13, Wells Fargo (NYSE: WFC), Citigroup (NYSE: C), and Bank of America (NYSE: BAC) will report their numbers on Wednesday, January 14, followed by Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS) on Thursday, January 15, all before market open.
JPMorgan
Analysts are projecting revenue of $46.2 billion for JPMorgan in the fourth quarter of 2025, which indicates an 8% increase from the same period a year ago. Earnings per share are estimated to inch up 1% to $4.86 versus the prior-year quarter. In the third quarter of 2025, revenue increased 9% year-over-year to $46.4 billion while EPS rose 16% to $5.07.
Wells Fargo
Wells Fargo is expected to report earnings of $1.67 per share on revenue of $21.66 billion for Q4 2025. This compares to earnings of $1.43 per share on revenue of $20.38 billion reported in Q4 2024. In Q3 2025, total revenue increased 5% YoY to $21.4 billion while EPS grew 17% to $1.66.
Citigroup
Analysts are predicting earnings of $1.62 per share on revenue of $20.4 billion for Citigroup in Q4, which compares to EPS of $1.34 on revenue of $19.6 billion reported last year. In Q3, revenues rose 9% to $22.1 billion and EPS grew 23% to $1.86 YoY.
Bank of America
Bank of America is projected to report earnings of $0.96 per share on revenue of $27.7 billion in the fourth quarter of 2025. This compares to EPS of $0.82 on revenue of $25.3 billion reported in the year-ago period. In the third quarter of 2025, revenue increased 11% YoY to $28.1 billion while EPS was up 31% to $1.06.
Morgan Stanley
Analysts are forecasting revenue of $17.6 billion for Morgan Stanley in Q4 2025, which indicates an increase of around 9% from the year-ago quarter. EPS is expected to be $2.44, which implies a growth of nearly 10% from the previous year. In Q3 2025, revenue grew 18% YoY to $18.2 billion while EPS rose 49% to $2.80.
Goldman Sachs
Goldman Sachs is expected to report earnings of $11.59 per share on revenue of $14.26 billion for the fourth quarter of 2025. This compares to EPS of $11.95 on revenue of $13.87 billion reported in the fourth quarter of 2024. In Q3 2025, revenue increased 20% to $15.18 billion while EPS grew 45% to $12.25 YoY.
