Bank earnings live updates: JPM, BofA, Citi, Goldman

This will be the first chance that analysts have to directly ask JPMorgan CEO Jamie Dimon questions about succession planning after the sudden exit of Marianne Lake, who had been considered a top candidate.

As CNBC and others reported last month, Dimon expects to remain CEO for roughly three more years, though that timeline could change, according to two people with knowledge of his thinking. After that, he’ll spend some time as chairman.

Since Dimon has spent more than a decade saying that retirement was five years away, analysts will want to quiz him on how he’s thinking about the issue.

Meanwhile, Doug Petno and Troy Rohrbaugh, who have jointly led the bank’s commercial and investment banking division since early 2024, are now the top contenders to succeed Dimon.

They were made co-presidents and were each awarded $30 million retention bonuses last month.

— Hugh Son

For more than four decades, Portales Partners analyst Charles Peabody has covered bank earnings.

In all that time, there’s never been a bank earnings day as crowded as today, he said.

Oftentimes, JPMorgan, Citigroup and Wells Fargo will report on the first day of earnings week, followed by Bank of America, Goldman Sachs and Morgan Stanley on subsequent days, he said.

His theory: Banks are rushing to disclose robust earnings.

“It’s never happened before,” Peabody told CNBC. “You’re assuming there’s going to be really good news out of those banks” that pushed their earnings dates ahead.

Still, it doesn’t make the job of covering banks any easier.

“You’re not going to get a lot of deep analysis on Day 1,” Peabody said. “We’ll need more time.”

— Hugh Son