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5 Things to Expect When Banks Report Q3 Earnings


Banks have made it through another quarter in the always uncertain and chaotic coronavirus pandemic. After two intense quarters, I think most analysts expect the third quarter to bring stronger results. America's two largest banks, JPMorgan Chase (NYSE: JPM) and Bank of America (NYSE: BAC), are expected to report $2.06 and $0.44 in earnings per share, respectively, according to Yahoo! Finance. Both of those estimates, if correct, would top the two banks' quarterly profits from earlier this year -- but not their totals from the third quarter of 2019.

Here are five things you can expect to see when banks begin to report third-quarter results next week.

Image source: Getty Images. 

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Source Fool.com

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