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Bank earnings

Bank earnings return: how far will the Fed go?

After a hawkish 2022, will the pace of rate hikes slow this year – and how will banks be affected? Which direction do you think JPMorgan, Goldman Sachs, Bank of America and more will go?

  • Will Fed hikes ease this year as recessionary pressures mount?
  • Fed must balance inflation control with a stalling economy
  • Will rate increases boost banks’ bottom lines – or reduce demand for loans?
  • Trade with a trusted broker backed by the Fortune 100-listed StoneX Group

Banking on a bounce back for bank stocks?

Earnings season for banks is back, and all eyes are on the global heavyweights such as Barclays, HSBC, JP Morgan and Morgan Stanley as we emerge from the pandemic and the global economy forges a path to recovery.

While the Bank of England and Federal Reserve have kept interest rates unchanged, they could be forced into action in 2022 if inflation continues to rise. However, forecasts for the likes of Citibank, Lloyds and HSBC look strong so some positive reports for the banking sector could allay fears of another economic downturn.

How do I trade earnings season?

To trade bank earnings, you decide whether you think a bank’s share price is going to move up or down when it releases its quarterly report – and open a position accordingly. Open a FOREX.com account to get started, or try a demo to trade risk-free.

Can I short bank stocks?

If you think a bank is going to miss estimates and fall in value, you can short it by selling its stock instead of buying it. With your FOREX.com account, simply select ‘sell’ instead of ‘buy’ in the platform.

Key dates

Earnings release date (est)


13 October 2021


JP Morgan Chase and Co.


14 October 2021


Wells Fargo


14 October 2021


Citibank


14 October 2021


Bank of America


14 October 2021


Morgan Stanley


15 October 2021


Goldman Sachs


21 October 2021


Barclays plc


25 October 2021


HSBC Holdings Inc.


28 October 2021


Lloyds Banking Group


29 October 2021


Natwest