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Big Banks Report Mixed Third-Quarter Earnings as Trading Revenues Vary Hot: Odds moved 88 points in 24 hours

JPMorgan Chase missed profit estimates while Goldman Sachs and Citigroup beat them, reflecting divergent performance in fixed-income and equity trading among major US lenders.

3 publishers · 11 articles · first seen 12 Oct 2026 · updated 36m ago

The odds

How the odds moved · Trading
0%50%100%6%7 Oct, 00:35 UTCnowThe New York Times: Higher Interest Rates Take Bite Out of JPMorgan’s Profits · 13 Oct, 12:55 UTCBloomberg Markets: Citi’s Fixed Income Traders Drive Third-Quarter Beat on Revenue · 13 Oct, 12:50 UTCBloomberg Markets: Goldman Beats on Equity Trading as Fixed Income Falls Short · 13 Oct, 11:50 UTCBloomberg Markets: JPMorgan's 3Q Fixed-Income Trading Revenue Misses Estimates · 13 Oct, 11:09 UTCBloomberg Markets: Big Banks Set to Report Trading Haul of $19 Billion · 12 Oct, 15:20 UTCQuartz: Citigroup posted its best bond-trading quarter in a decade, beating profit estimates · 13 Oct, 13:00 UTCQuartz: Goldman Sachs posted $17.01 per-share earnings, beating estimates by 32% · 13 Oct, 12:40 UTCQuartz: JPMorgan missed earnings estimates as third-quarter profit rose · 13 Oct, 12:30 UTCQuartz: JPMorgan posted a rare earnings miss as Goldman Sachs beat by a wide margin · 13 Oct, 12:16 UTCQuartz: JPMorgan Chase verzeichnete im dritten Quartal $5,57 pro Aktie und verfehlte die Schätzungen der Analysten. · 13 Oct, 12:10 UTCQuartz: JPMorgan Chase posted $5.57 a share in the third quarter, missing analyst estimates · 13 Oct, 12:01 UTC

Each tick is a source publishing on this story

Price data
TimeChance of yes
now6%
13 Oct, 13:25 UTC28%
13 Oct, 12:51 UTC95%
13 Oct, 10:58 UTC94%
13 Oct, 03:41 UTC95%
13 Oct, 01:08 UTC94%
12 Oct, 19:56 UTC91%
7 Oct, 00:35 UTC94%

The story so far

3 publishers have covered this in 11 articles since 12 Oct 2026. Bloomberg Markets published first, on 12 October at 15:20 UTC; Quartz followed 20h 41m later. The most recent article, from Quartz, appeared on 13 October at 13:00 UTC.

Outlets reporting it: Bloomberg Markets (major outlet), The New York Times (major outlet), Quartz.

3 prediction markets price this story:

  • Trading — the market puts it at 6%, with $1k traded in the last 24 hours, closing 31 Mar 2027. The outcome is Yes if any JPMorgan Chase representative mentions "Trading" during the upcoming earnings call, including the question-and-answer session. Otherwise, the outcome is No. Readers often mistakenly believe that references to trading in other contexts or by non-JPMorgan personnel count toward resolution.
  • Basel 3 — the market puts it at 46%, with $1k traded in the last 24 hours, closing 31 Mar 2027. The market resolves to Yes if any Citigroup representative mentions Basel 3 during the upcoming earnings call or Q&A session. Otherwise, it resolves to No. Readers often mistake this for a prediction of financial results rather than a specific verbal reference.
  • Consecutive — the market puts it at 86%, with $181 traded in the last 24 hours, closing 31 Mar 2027. The market resolves to Yes if any Wells Fargo representative says "Consecutive" during their next earnings call, including the question-and-answer session. Otherwise, it resolves to No. Readers often mistake the deadline for the end of the calendar quarter instead of the specific date of the next earnings call.

Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.

Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. Higher Interest Rates Take Bite Out of JPMorgan’s Profits The New York Times ·
  2. Citi’s Fixed Income Traders Drive Third-Quarter Beat on Revenue Bloomberg Markets ·
  3. Goldman Beats on Equity Trading as Fixed Income Falls Short Bloomberg Markets ·
  4. JPMorgan's 3Q Fixed-Income Trading Revenue Misses Estimates Bloomberg Markets ·
  5. Big Banks Set to Report Trading Haul of $19 Billion Bloomberg Markets ·
  6. Citigroup posted its best bond-trading quarter in a decade, beating profit estimates Quartz
Show 5 more sources
  1. Goldman Sachs posted $17.01 per-share earnings, beating estimates by 32% Quartz
  2. JPMorgan missed earnings estimates as third-quarter profit rose Quartz
  3. JPMorgan posted a rare earnings miss as Goldman Sachs beat by a wide margin Quartz
  4. JPMorgan Chase verzeichnete im dritten Quartal $5,57 pro Aktie und verfehlte die Schätzungen der Analysten. Quartz
  5. JPMorgan Chase posted $5.57 a share in the third quarter, missing analyst estimates Quartz

Markets on this story

  • Kalshi Trading 6% −88 $1k 24hends 31 Mar 2027

    Does the market have this right?

    Wrong market?

  • Kalshi Basel 3 46% −9 $1k 24hends 31 Mar 2027

    Does the market have this right?

    Wrong market?

  • Kalshi Consecutive 86% −1 $181 24hends 31 Mar 2027

    Does the market have this right?

    Wrong market?

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