Key Financial Sector Issues Emerge Ahead of Major US Bank Earnings

금융/은행 | Tue Jul 14 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 5 sources

Major US bank earnings season kicks off, Goldman Sachs enters the retirement plan market, overdraft fees surge, and Cboe introduces extended trading hours.

Analysis

[Major US Banks] reported quarterly earnings for 5 of the top 6 banks simultaneously ^[1]

JPMorgan
Citi
Wells Fargo
Bank of America
and Goldman Sachs earnings released
Wells Fargo's Mike Mayo named Citi as top pick
Bank earnings expected to grow 15-20% year-over-year
Driven by Wall Street trading revenues and commercial loan growth

[Goldman Sachs] expanded its share of the US retirement plan market ^[3]

Quietly entered the retail retirement funds market

[US Banking Industry] collected $12 billion in overdraft fees in 2025 ^[2]

Fees surged after Congress withdrew the $5 cap regulation
Increased burden on consumers

[Cboe Global Markets] introduced extended trading hours for mega-cap single-stock options ^[5]

Trading available from 7:30 AM to 4:15 PM
Includes about 20 stocks including Magnificent Seven
Broadcom
Palantir
and AMD
VIXEQ hit 50
indicating increased single-stock volatility
Launched Cboe Predicts prediction market product in partnership with Charles Schwab

[Block] disclosed insider share sale by director Anthony Eisen amid 38% Cash App gross profit growth ^[4]

Sold 18
000 shares for $1.4 million
Sale executed under pre-arranged Rule 10b5-1 trading plan
Retained 1.83 million shares worth $144.74 million after the sale
Market cap of $46 billion
TTM revenue of $24.5 billion

Key Financial Sector Issues Emerge Ahead of Major US Bank Earnings

Analysis

Sources