Analysts expect the four biggest U.S. banks to tell shareholders this week that their profit and revenue rose from a year earlier, even as investors voice concerns over credit quality and lending standards that two high-profile corporate bankruptcies highlighted this fall.
JPMorgan Chase, Citigroup, and Wells Fargo are set to release their third-quarter earnings results on Tuesday. Bank of America’s numbers are due the following morning.
Wall Street is calling for all four lenders to report higher net income.
www.barrons.com
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