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.
The odds
Each tick is a source publishing on this story
Price data
| Time | Chance of yes |
|---|---|
| now | 6% |
| 13 Oct, 13:25 UTC | 28% |
| 13 Oct, 12:51 UTC | 95% |
| 13 Oct, 10:58 UTC | 94% |
| 13 Oct, 03:41 UTC | 95% |
| 13 Oct, 01:08 UTC | 94% |
| 12 Oct, 19:56 UTC | 91% |
| 7 Oct, 00:35 UTC | 94% |
Replay the odds, article by article
Step through each article in the order it published and watch Trading respond.
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.
How it unfolded
Every source in the order it published, with the odds on Trading at that moment. A dash means the source published before we started tracking prices.
- Bloomberg MarketsBig Banks Set to Report Trading Haul of $19 Billion94%
- Bloomberg MarketsJPMorgan's 3Q Fixed-Income Trading Revenue Misses Estimates94%
- Bloomberg MarketsGoldman Beats on Equity Trading as Fixed Income Falls Short94%
- QuartzJPMorgan Chase posted $5.57 a share in the third quarter, missing analyst estimates94%
- QuartzJPMorgan Chase verzeichnete im dritten Quartal $5,57 pro Aktie und verfehlte die Schätzungen der Analysten.94%
- QuartzJPMorgan posted a rare earnings miss as Goldman Sachs beat by a wide margin94%
- QuartzJPMorgan missed earnings estimates as third-quarter profit rose94%
- QuartzGoldman Sachs posted $17.01 per-share earnings, beating estimates by 32%94%
- Bloomberg MarketsCiti’s Fixed Income Traders Drive Third-Quarter Beat on Revenue94%
- The New York TimesHigher Interest Rates Take Bite Out of JPMorgan’s Profits95%▲1 points since the previous source
- QuartzCitigroup posted its best bond-trading quarter in a decade, beating profit estimates95%
- Current odds6%
Sources
Every article we clustered into this story. Headlines link to the publisher.
- Higher Interest Rates Take Bite Out of JPMorgan’s Profits The New York Times ·
- Citi’s Fixed Income Traders Drive Third-Quarter Beat on Revenue Bloomberg Markets ·
- Goldman Beats on Equity Trading as Fixed Income Falls Short Bloomberg Markets ·
- JPMorgan's 3Q Fixed-Income Trading Revenue Misses Estimates Bloomberg Markets ·
- Big Banks Set to Report Trading Haul of $19 Billion Bloomberg Markets ·
- Citigroup posted its best bond-trading quarter in a decade, beating profit estimates Quartz
Show 5 more sources
- Goldman Sachs posted $17.01 per-share earnings, beating estimates by 32% Quartz
- JPMorgan missed earnings estimates as third-quarter profit rose Quartz
- JPMorgan posted a rare earnings miss as Goldman Sachs beat by a wide margin Quartz
- JPMorgan Chase verzeichnete im dritten Quartal $5,57 pro Aktie und verfehlte die Schätzungen der Analysten. Quartz
- JPMorgan Chase posted $5.57 a share in the third quarter, missing analyst estimates Quartz
Markets on this story
- Kalshi Trading 6% −88
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Wrong market?
- Kalshi Basel 3 46% −9
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Wrong market?
- Kalshi Consecutive 86% −1
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In this story
- JPMorgan Chase
- Goldman Sachs
- Citigroup
- Wells Fargo