Expected earnings from a handful of banking stocks today
Today features a deluge of economic data. The import price and UMich consumer sentiment indexes are on deck, while retail sales, industrial production, capacity utilization, and business inventories are also due out.
The following public companies are slated to release corporate earnings today, January 14:
BlackRock Inc. (NYSE:BLK-- $667.58) is a publicly owned investment manager. BlackRock will report its Q4 earnings of 2021 before the close today.
Citigroup Inc. (NYSE:C-- $67.78) provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. Citigroup will report its Q4 earnings of 2021 before the close today.
First Republic Bank (NYSE:FRC-- $200.52) provides private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States. First Republic Bank will report its Q1 earnings of 2022 before the close today.
JPMorgan Chase & Co. (NYSE:JPM-- $168.23) operates as a financial services company worldwide. JPMorgan Chase will report its Q4 earnings of 2021 before the close today.
Wells Fargo & Co. (NYSE:JPM-- $56.00) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. Wells Fargo will report its Q4 earnings of 2021 before the close today.
Looking ahead to next week, it'll be a short week as Wall Street takes Monday off to celebrate Martin Luther King Jr. Day. A comparatively quiet week, investors will turn their attention toward the slew of home data due out, as well as more initial and continuing jobless claims during a time of elevated inflation. Earnings season is already firmly underway, and a deluge of companies are eager to toss their hats into the ring. On the docket next week are Bank of America (BAC), Charles Schwab (SCHW), Goldman Sachs (GS), Morgan Stanley (MS), PNC (PNC), Procter & Gamble (PG), and United Airlines (UAL), amongst many others.
All economic dates listed here are tentative and subject to change.
Is the stock market closed on MLK Day? Yes, Martin Luther King Jr. Day will be observed on Monday, January 17, and the stock market will be closed for the full day. Normal trading hours will resume on Tuesday, January 18.