Tuesday 14 April 2026 is the single most concentrated financial-sector reporting day of the year. JPMorgan Chase, Wells Fargo, Citigroup, and BlackRock will all publish Q1 results before or around the opening bell — four of the most important institutions on Wall Street, simultaneously laying out their view of the US economy with Brent above $100, consumer confidence at a 74-year low, and the Iran war now into its seventh week.
The JPMorgan number
Analysts are expecting JPMorgan to report roughly $48.2 billion in revenue, up 6.4 percent year-over-year, and earnings per share of approximately $5.41, up 6.7 percent. Net interest income is projected to be roughly flat — the long-anticipated plateau. The upside is investment banking, where fees are expected to climb 18 percent on the back of a resurgent M&A pipeline. The call will open with Jamie Dimon’s macro commentary, which matters beyond JPMorgan’s numbers: Dimon is the most-watched banking CEO on Earth, and his framing of the Iran war, private-credit exposure, and AI-linked labour risk will set the tone for every subsequent financial release this quarter.
Wells Fargo: the consent-order watch
Wells Fargo is projected at around $21.79 billion in revenue (up 8 percent) and EPS of $1.58 (up 14 percent). But the number the street actually cares about is whether the Federal Reserve asset cap — imposed in 2018 and finally lifted in mid-2025 — is now driving loan book expansion in a measurable way. Q1 is the first full quarter without the cap. If Wells Fargo’s asset growth disappoints, it will reopen the long-running question of whether the bank’s internal controls can actually support aggressive growth.
Citigroup: the restructuring test
Citi is expected to post $23.6 billion in revenue (up 9 percent) and EPS of $2.63 — a 34 percent jump that reflects Jane Fraser’s multi-year restructuring finally showing operating leverage. If the number prints, it will be the most important quarter of Fraser’s tenure and the strongest signal yet that Citi’s decades-long underperformance versus peers is finally reversing.
BlackRock: the flows story
BlackRock, the world’s largest asset manager at roughly $12 trillion under management, will report ETF inflows, private-markets expansion, and fee-earning asset growth. In a quarter where the S&P 500 was flat-to-down and oil was volatile, the flow number tells the street more about institutional risk appetite than any single market data point.
Four mega-caps, one day, one macro backdrop. How the market reprices after all four calls will define the tone of Q1 earnings season.
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