KEDI U.S. Bank TOP10 Index
Top commercial and investment banks shaping the U.S. financial ecosystem.
Sentiment Summary
Recent Events
Citigroup has scheduled its 2026 Investor Day for May 7, 2026, where senior leadership will outline the firm's strategy and path forward, expected.
Bank of America announced the redemption of €1.5 billion of its 1.776% Fixed/Floating Rate Senior Notes due May 4, 2027, on May 4, 2026. This corporate action is estimated to have a 1% price impact as it is a routine debt management activity scheduled.
The 2026 Annual Meeting of Shareholders will be held on May 4, 2026. This event is estimated to have a 1% price impact as shareholder meetings typically involve standard governance votes scheduled.
Reported Q1 2026 earnings per share of $2.24, a 42% year-over-year increase, beating analyst estimates. Revenue grew 13% to a record $5.4 billion. The company also raised its full-year 2026 revenue growth outlook to approximately 6%.
The Board of Directors authorized a new $10 billion common share repurchase program.
U.S. Bancorp reported Q1 2026 earnings per share of $1.18, beating analyst estimates of ~$1.15. Revenue of $7.29 billion also slightly exceeded forecasts. Despite the beat, the stock experienced a minor dip in pre-market trading.
Declared a quarterly common stock dividend of $0.53 per share, payable on May 8, 2026, to shareholders of record as of April 27, 2026.
The Office of the Comptroller of the Currency (OCC) announced the termination of a 2024 consent order related to deficiencies in the bank's trade surveillance program on April 16, 2026, signaling regulatory satisfaction with the bank's remediation efforts.
Q1 2026 adjusted EPS of $1.43 beat estimates, while revenue of $6.48 billion slightly missed. Shares fell over 2.5% on the news despite record client assets and 16% YoY revenue growth.
The company is expected to report Q1 2026 adjusted EPS of $4.32, beating analyst estimates, on revenue of approximately $6.2 billion, and raise its full-year 2026 guidance for average loan growth to 11% and net interest income growth to 14.5% expected. This significant earnings beat and guidance raise are estimated to have a price impact of 10% or more.
Bank of America reported Q1 2026 financial results on April 15, 2026, with earnings per share of $1.11 and revenue of $30.3 billion, beating analyst estimates. The stock price gained 1.82% on the announcement day.
CEO Jamie Dimon sold 130,488 shares for approximately $40 million on April 15, 2026, as part of a pre-disclosed, ongoing personal asset diversification plan that began in 2023. Other top executives also sold shares on the same day.
Morgan Stanley reported record Q1 2026 results on 2026-04-15, with net revenues of $20.6 billion and diluted EPS of $3.43, significantly beating analyst expectations. The stock rose over 4%.
Citigroup reported Q1 2026 earnings, with revenue of $24.6 billion and EPS of $3.06, beating analyst expectations. The company announced its best quarterly revenue in a decade, with net income rising 42% year-over-year to $5.8 billion.
JPMorgan Chase reported Q1 2026 earnings on April 14, 2026, beating analyst expectations with EPS of $5.94 and revenue of $50.5 billion. However, the company lowered its full-year 2026 net interest income (NII) guidance, which tempered the positive results.
Wells Fargo reported Q1 2026 financial results. While diluted EPS of $1.60 beat expectations, revenue of $21.45 billion missed forecasts. The market reacted negatively, focusing on the revenue shortfall and pressure on net interest income.
Held its 2026 Annual Meeting of Stockholders virtually. All director nominees were elected, executive compensation was approved, and KPMG was reappointed as the independent auditor.
As part of its Q1 2026 earnings update on April 14, 2026, Citigroup confirmed its ongoing corporate restructuring is nearing completion, with 90% of transformation programs at or near their target state. The multi-year plan includes reducing its workforce by approximately 20,000 roles by the end of 2026.
Reported strong Q1 2026 earnings with net revenues of $17.23 billion and diluted EPS of $17.55, the second-highest results in the company's history. This beat analyst expectations and was driven by record performance in the equities division and a surge in investment banking fees.