JPMorgan Chase posted second-quarter earnings of $5.24 per share, topping Wall Street’s expectations of $4.48. On an adjusted basis, excluding a significant item for the quarter, the bank reported second-quarter profit of $4.

JPMorgan Chase raised its net interest income forecast for 2025 after strong results in investment banking and trading helped it surpass profit expectations for the second quarter.

Citigroup, the third-largest U.S. bank by assets, reported second-quarter net income of $4 billion, up 25% from a year earlier. The bank said higher revenue drove the earnings jump, partially offset by increases in the cost of credit and expenses.

Citigroup's profit rose in the second quarter as its traders brought in a windfall from turbulent markets. The third-largest U.S. lender's net income was $4 billion, or $1.96 per share, in the three months ended June 30,