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Bank Earnings Prep

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Second quarter earnings season is ramping up starting Friday. 

Some of the biggest banks in the U.S. are reporting before the market open:

  • JPMorgan Chase (JPM)
  • Wells Fargo (WFC)
  • Citigroup (C)

Here's a look at how the stocks are looking heading into these reports and the consensus estimates for results.

JPMorgan Chase (JPM) 

Expectations
Adjusted Revenue: $46.66 billion
Adjusted EPS: $4.51

Wells Fargo (WFC)

Expectations
Adjusted Revenue: $20.23 billion
Adjusted EPS: $1.28

Citigroup (C)

Expectations
Adjusted Revenue: $20.09 billion
Adjusted EPS: $1.39

And the earnings action will continue with more banks next week! 

Goldman Sachs (GS), Bank of America (BAC), and Morgan Stanley (MS) are all set to report. 

There are several key questions for analysts when its comes to banks this earnings season.

How are deposits faring?

How is commercial lending holding up in the high rate environment?

And, for the investment banks, are trading profits still at record highs?

We'll get those answers and more starting Friday morning!

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