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The Money Desk · Blog
Re:

Stock Market Today, October 13, 2026: Bank Earnings Kick Off Earnings Season

Major U.S. banks are scheduled to report Q3 results on October 13. Here are the premarket snapshot, release and call details, and the figures to watch.
From TheFinanceBase Team3 min to read
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Major U.S. banks are scheduled to report third-quarter results on Tuesday, October 13, offering an early look at the earnings season. In a premarket report, Yahoo Finance described futures as mixed: Dow futures were up 0.5%, Nasdaq-100 futures were down 0.6%, and S&P 500 futures were below the flatline. Those figures are a snapshot from that report, not live quotes or a forecast of where indexes will finish.

What is the stock market doing today?

The available premarket snapshot points in different directions: Dow futures were higher, Nasdaq-100 futures lower, and S&P 500 futures below unchanged, according to Yahoo Finance. Futures can move before the opening bell, so these reported levels should not be read as the market’s final direction for the day.

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The prior session’s index closes are not stated here as definitive because available reports differed. For a precise close, check an exchange or primary index source rather than treating one conflicting figure as settled.

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When do bank earnings start, and which banks report today?

Yahoo Finance described the scheduled major-bank reports as the “unofficial start” of third-quarter earnings season. Investor-relations calendars list four major U.S. banks with earnings events on October 13. The scheduled release time and the time of a related call or webcast are not always the same.

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Bank Scheduled event on October 13, 2026 What the time refers to
JPMorganChase 8:30 a.m. ET Conference call listed on the bank’s investor-relations calendar; the release time is not specified in the available schedule. JPMorganChase events
Goldman Sachs Third-quarter earnings call The calendar lists an October 13 call; it does not state a time in the available schedule. Goldman Sachs events
Wells Fargo 10 a.m. ET Q3 earnings event listed for that time; the available schedule does not distinguish a release time from a call time. Wells Fargo events
Citi Approximately 8 a.m. ET results; 11 a.m. ET webcast Citi distinguishes the expected results release from the later webcast reviewing them. Citi quarterly results

These are scheduled events, not confirmation that results have been released. Check each bank’s investor-relations page for updates before relying on a time.

How to read the bank results

Start with reported earnings and revenue, then assess what drove them. A single profit figure can obscure whether results came from recurring business activity, market conditions, or significant one-time items.

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  • Trading and investment banking: Look for detail on market-related revenue and deal activity. These businesses can respond differently to market conditions than consumer lending.
  • Lending and deposits: Consider loan trends and deposit balances alongside the bank’s commentary about customer activity and funding.
  • Credit quality: Watch for information about losses, delinquency trends, and reserves for potential loan losses.
  • Management outlook: Guidance and commentary can help explain how executives view the business ahead, but distinguish their outlook from results already reported.

Compare each bank’s reported earnings and revenue with expectations only when the expectations are clearly sourced and comparable. No single consistent consensus set is established here. Also account for business mix: a trading-heavy result should not be compared mechanically with one driven more by consumer lending.

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Why the profit headline needs context

JPMorganChase reported second-quarter 2026 net income of $21.2 billion, or $7.70 per share, including significant items. That is historical context, not a Q3 result or estimate. In the same release, CEO Jamie Dimon described net income of $16.9 billion and return on tangible common equity (ROTCE) of 23% excluding gains related to Visa and certain equity investments. He attributed the quarter’s results to favorable conditions and market activity as well as the firm’s execution and investment. The $16.9 billion and 23% figures use a different qualification from the headline net-income figure; they should not be conflated. JPMorganChase second-quarter 2026 results

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Neither those Q2 figures nor Dimon’s comments describe the Q3 results scheduled for October 13. For today’s reports, the useful question is not simply whether profit rose or fell, but what business lines and conditions produced the result and what management says about the next period.

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