๐น Revenue: $21.67B (Est. $21.00B) ๐ข;UP +8% YoY
๐น EPS: $1.96 (Est. $1.60) ๐ข;UP +29% YoY
๐น NII: $15.18B (Est. $14.05B) ๐ข;UP +12% YoY
Segment / Product Results
๐น FICC Sales & Trading Rev: $4.27B (Est. $3.92B) ๐ข
๐น Equities Sales & Trading Rev: $1.61B (Est. $1.55B) ๐ข
๐น US Personal Banking Rev: $5.12B (Est. $5.26B) ๐ด
๐น Total Loans: $725.3B (Est. $706.82B) ๐ข;UP +5% YoY
Guidance
๐น Sees FY Adj. Revenue ~ $84.0B
CEO Commentary
๐ธ โWe reported another very good quarter and continue to demonstrate that our strong results are sustainable through different environments. With revenue up 8%, Services continues to show why this high-return business is our crown jewel.โ
๐ธ โMarkets had its best second quarter performance since 2020 with a record second quarter for Equities. Banking revenues were up 18% and we continue to be at the center of some of the most significant transactions.โ