US earnings preview: Q1 2024 Banking results in focus

The next round of US bank earnings kicks off on the week commencing 12 April 2024.

Source: Bloomberg

Shares Bank of America Morgan Stanley Citigroup Goldman Sachs Wells Fargo

Written by: Shaun Murison | Senior Market Analyst, Johannesburg

Publication date: 2024-04-05T16:17:32+0100

The next round of US bank earnings kicks off on the week commencing 12 April 2024.
Amongst the major names reporting are JP Morgan Chase & Co., Wells Fargo, Citigroup, Goldman Sachs, Bank of America and Morgan Stanley.

JP Morgan Chase & Co.

When are JP Morgan Chase Q1 2024 results being released?
JP Morgan will release Q1 2024 results on the 12th of April 2024.
What are expectations for JP Morgan results?
Consensus estimates sourced from Refinitiv forecast Q1 2024 earnings per share (EPS) of $4.17 and revenue for the quarter at $41.99bn

Wells Fargo

When are Wells Fargo Q1 2024 results being released?
Wells Fargo will release Q1 2024 results on the 12th of April 2024.
What are expectations for Wells Fargo results?
Consensus estimates sourced from Refinitiv forecast Q1 2024 earnings per share (EPS) of $1.08 and revenue for the quarter at $20.19bn

Citigroup Inc.

When are Citigroup Q1 2024 results being released?
Citigroup will release Q1 2024 results on the 12th of April 2024.
What are expectations for Citigroup results?
Consensus estimates sourced from Refinitiv forecast Q1 2024 earnings per share (EPS) of $1.20 and revenue for the quarter at $20.38bn

Goldman Sachs

When are Goldman Sachs Q1 2024 results being released?
Goldman Sachs will release Q1 2024 results on the 15th of April 2024.
What are expectations for Goldman Sachs results?
Consensus estimates sourced from Refinitiv forecast Q1 2024 earnings per share (EPS) of $8.72 and revenue for the quarter at $12.88bn.

Bank of America Corp

When are Bank of America Q1 2024 results being released?
Bank of America will release Q1 2024 results on the 16th of April 2024.
What are expectations for Bank of America results?
Consensus estimates sourced from Refinitiv forecast Q1 2024 earnings per share (EPS) of $0.77 and revenue for the quarter at $25.46bn

Morgan Stanley

When are Morgan Stanley Q1 2024 results being released?
Morgan Stanley will release Q1 2024 results on the 12th of April 2024.
What are expectations for Morgan Stanley results?
Consensus estimates sourced from Refinitiv forecast Q1 2024 earnings per share (EPS) of $1.66 and revenue for the quarter at $14.38bn

US banks – broker ratings and price targets

Source: Refinitiv

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