Major Banks and Chip Giants Kick Off Q3 Earnings Season
The third-quarter 2026 earnings season begins during the week of October 12–16, led by major U.S. financial institutions, semiconductor manufacturers, and healthcare leaders. JPMorgan Chase & Co. (JPM), Citigroup Inc. (C), Wells Fargo & Company (WFC), Goldman Sachs Group, Inc. (GS), and Johnson & Johnson (JNJ) kick off major reports on Tuesday, October 13, followed by Bank of America Corp (BAC) and Morgan Stanley (MS) on Wednesday.
Investors are closely tracking bank results for indications on consumer credit quality, net interest income, and investment banking performance. JPMorgan Chase & Co. (JPM) management indicated that trading revenue and investment banking fees could rise in the mid-to-high teens percentage range year-over-year. Conversely, Bank of America Corp (BAC) projected a decline of at least 10% in third-quarter investment banking fees, highlighting varying conditions across Wall Street firms.
Beyond banking, semiconductor companies and healthcare firms will provide key insights into technology demand and drug pipeline progress. Taiwan Semiconductor Manufacturing Co. (TSM) reports on Thursday, October 15, following monthly sales figures showing third-quarter revenue grew approximately 39% year-over-year to NT$1.49 trillion. Johnson & Johnson (JNJ) will present its earnings alongside updates on its pharmaceutical pipeline and ongoing talc litigation appeals.
Key points
- Major U.S. banks, including JPMorgan Chase & Co. (JPM) and Bank of America Corp (BAC), begin reporting third-quarter earnings on October 13.
- JPMorgan Chase & Co. (JPM) expects trading revenue and investment banking fees to increase by a mid-to-high teens percentage year-over-year.
- Bank of America Corp (BAC) projects third-quarter investment banking fees to drop by at least 10% year-over-year to between $1.6 billion and $1.8 billion.
- Taiwan Semiconductor Manufacturing Co. (TSM) reports on October 15 after generating third-quarter revenue of about NT$1.49 trillion.
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When do major banks report Q3 2026 earnings?
Major U.S. banks begin reporting Q3 2026 results on Tuesday, October 13, starting with JPMorgan Chase, Citigroup, Wells Fargo, and Goldman Sachs. Bank of America and Morgan Stanley report on Wednesday, October 14.
What are Wall Street estimates for JPMorgan Chase Q3 2026 earnings?
Consensus estimates for JPMorgan Chase call for earnings per share of $5.90 and revenue of $51.19 billion for the third quarter of 2026.
What revenue did TSMC generate in Q3 2026?
Taiwan Semiconductor Manufacturing Co. reported Q3 2026 revenue of approximately NT$1.49 trillion, reflecting a year-over-year increase of about 39%.