Big Banks Kick Off Q1 Earnings With Goldman Report

Wall Street's biggest banks are reporting first-quarter earnings this week, with Goldman Sachs leading the way on Monday. The results come amid a surge in dealmaking activity and heightened market volatility driven by the ongoing geopolitical crisis in the Middle East and shifting monetary policy expectations.

Goldman Sachs Expectations

Goldman Sachs is expected to report revenues of approximately $16.9 billion, representing a 12 percent increase year-over-year. Investment banking fees are projected to have risen more than 30 percent, reflecting the sharp rebound in mergers and acquisitions activity that gained momentum in late 2025, when global deal values surged 40 percent.

Other Major Reports

JPMorgan Chase, the largest US bank by assets, is expected to post earnings per share of $5.44, a 7 percent increase year-over-year. Citigroup, Wells Fargo, and Morgan Stanley are also scheduled to report throughout the week, providing a comprehensive picture of the health of the American financial sector during a turbulent economic period.

Beyond Banking

The earnings calendar extends well beyond financials this week. Netflix, BlackRock, and Johnson & Johnson are among the major non-bank companies reporting results. Investors will be watching closely for guidance on consumer spending trends, asset management flows, and the impact of elevated energy prices on corporate profitability across sectors.