Top Earnings Reports for the Week of July 14, 2025

This week, several market-moving companies are set to report earnings, including JPMorgan Chase, Citigroup, Wells Fargo, BlackRock, Bank of New York Mellon, and American Express on Tuesday, July 15. On Wednesday, July 16, ASML Holding, Bank of America, Johnson & Johnson, Goldman Sachs, Morgan Stanley, PNC Financial, Progressive, and United Airlines will report. Thursday's earnings include Novartis, Abbott Laboratories, PepsiCo, General Electric, Netflix, and Taiwan Semiconductor Manufacturing Company. Finally, on Friday, July 18, 3M, American Express, Charles Schwab, and Schlumberger will report.

This week, several market-moving companies are set to report earnings, providing investors and financial professionals with crucial insights into the current economic landscape. On Tuesday, July 15, JPMorgan Chase, Citigroup, Wells Fargo, BlackRock, Bank of New York Mellon, and American Express will release their earnings reports. Wednesday, July 16, will see ASML Holding, Bank of America, Johnson & Johnson, Goldman Sachs, Morgan Stanley, PNC Financial, Progressive, and United Airlines report. Thursday's earnings include Novartis, Abbott Laboratories, PepsiCo, General Electric, Netflix, and Taiwan Semiconductor Manufacturing Company. Finally, on Friday, July 18, 3M, American Express, Charles Schwab, and Schlumberger will report.

Key Highlights:

Tuesday, July 15:

1. JPMorgan Chase: The bank is expected to report on its bond portfolio, which has seen significant unrealized losses due to the high interest rate environment. According to S&P Global, JPMorgan Chase holds $22.91 billion in unrealized losses on its held-to-maturity (HTM) securities as of March 31 [3].

2. Citigroup: The bank is also anticipated to report on its HTM securities, with $15.2 billion in unrealized losses [3].

3. Wells Fargo: The bank's HTM securities saw a 12.2% decline year-over-year, with $37.82 billion in unrealized losses [3].

4. Bank of America: The bank had the highest level of unrealized losses on HTM securities at $96.35 billion, a 6.2% decrease year-over-year [3].

5. American Express: The company reported a quarterly revenue of $18.93 billion and a net profit of $2.58 billion. Analysts from Bank of America Securities maintained a Buy rating, while Truist Financial's Brian Foran also issued a Buy rating [1].

Wednesday, July 16:

1. Bank of America: The bank is expected to report on its net interest income (NII) and revenue. Bank of America's NII was $13.7 billion in the second quarter, with optimistic guidance for the latter half of 2024 [2].

2. Goldman Sachs: The investment bank reported a 150% year-over-year increase in second-quarter profits, driven by strong performance in its global banking & markets and asset & wealth management divisions [2].

3. Morgan Stanley: The bank saw a 41% increase in second-quarter profits, with revenue climbing 12% [2].

Thursday, July 17:

1. Netflix: The company is expected to report on its subscriber growth and revenue. Analysts are closely watching for any changes in subscriber numbers and growth projections.

2. Taiwan Semiconductor Manufacturing Company (TSMC): The company is expected to report on its chip production and revenue. TSMC is a key player in the semiconductor industry, and its earnings report will provide insights into the global chip market.

Friday, July 18:

1. American Express: The company is expected to continue reporting on its financial performance, with analysts maintaining a positive outlook on the stock.

2. Charles Schwab: The brokerage firm is expected to report on its client activity and revenue. Schwab's earnings report will provide insights into the retail brokerage market.

Market Implications:

The upcoming earnings reports will provide valuable information on the financial health of these companies. For instance, the bond portfolios of JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America will be closely scrutinized for any signs of improvement or continued losses. Additionally, the NII and revenue reports from Bank of America will offer insights into the bank's consumer banking business. The strong performance of Goldman Sachs and Morgan Stanley indicates a rebound in investment banking activity, which could have broader implications for the financial sector.

Investors should closely monitor these reports and analyze the companies' performance relative to their peers and market expectations. The earnings reports will likely influence market sentiment and could lead to significant price movements in the stocks of these companies.

References:

[1] https://www.theglobeandmail.com/investing/markets/stocks/AXP-N/pressreleases/33349596/bank-of-america-securities-sticks-to-its-buy-rating-for-american-express-axp/
[2] https://qz.com/boa-goldman-morgan-stanley-q2-2024-earnings-1851592369
[3] https://cryptorank.io/news/feed/586d9-jpmorgan-chase-bank-of-america-wells-fargo-and-citigroup-holding-172280000000-in-unrealized-losses-as-bank-bond-portfolios-remain-underwater-sp-global