A packed Tuesday morning earnings slate puts some of Wall Street’s biggest financial institutions in focus, with reports due before the opening bell. Options pricing is already mapping out the potential post-earnings turbulence, offering a glimpse at the swings traders are bracing for, according to Benzinga Pro.
JPMorgan Chase & Co. (NYSE:JPM) may carry the biggest name recognition in this Benzinga-selected group, but size and expected volatility are telling different stories. The ranking starts where options traders see the least room for an earnings-day surprise and works toward the stock carrying the widest implied swing.
5. JPMorgan Chase & Co. | Mkt Cap: $903B | Implied Move: 3.32%
JPMorgan Chase & Co. (NYSE:JPM) reports second quarter of 2026 results, with Wall Street looking for $5.59 in earnings per share on $49.39 billion in revenue. That would top last year’s $4.96 on $45.68 billion.
Benzinga Pro data show options are pricing in a 3.32% move around the report. Even with the smallest implied swing in this group, that still translates to about $30 billion of market value at stake given JPMorgan Chase &’s $903 billion market cap.
JPMorgan Chase & sits at the center of global finance, with a $4.9 trillion balance sheet and $2.68 trillion in deposits as of March 2026. On the Street, the stock carries a Buy consensus rating, and the stock is trading above analysts’ average price target; in July, B of A Securities and UBS raised their price forecast.
Shares have pushed higher in 2026, up 3.4% year-to-date and trading 9.0% above the 200-day moving average. The stock is also within 1.9% of the 52-week high of $343.45 heading into the print.
4. Bank of America Corp. | Mkt Cap: $424B | Implied Move: 3.51%
Bank of America Corp. (NYSE:BAC) reports second quarter of 2026 results, and the consensus view calls for $1.11 in earnings per share on $30.32 billion in revenue. A year ago, Bank of America delivered 89 cents on $26.46 billion.
Options traders are leaning a bit more cautious here: Benzinga Pro shows an implied move of 3.51%, putting roughly $14.9 billion of market value at stake based on Bank of America’s $424 billion market cap.
Bank of America is one of the country’s largest deposit gatherers, running a $3.5 trillion balance sheet and holding the second-largest deposit market share in the U.S. The stock has a Buy consensus rating, and the share price sits below the consensus price forecasts; in July, UBS and JP Morgan raised their price forecast.
The shares have rallied in 2026, up 6.6% year-to-date and trading 13.3% above the 200-day moving average. Bank of America is also within 1.7% of the 52-week high of $60.83.
3. Goldman Sachs Group Inc. | Mkt Cap: $312B | Implied Move: 4.22%
Goldman Sachs Group Inc. (NYSE:GS) reports second quarter of 2026 results, with analysts modeling $14.10 in earnings per share on $16.05 billion in revenue. That compares with $10.91 on $14.58 billion in the prior-year quarter.
Benzinga Pro data show the options market is implying a 4.22% move, with about $13.2 billion of market value at stake given Goldman Sachs Group’s $312 billion market cap. That’s a wider setup than the money-center banks above, reflecting how sensitive results can be to investment-banking and trading conditions.
Goldman Sachs Group is best known for its role as a leading global investment bank. The stock carries a Hold consensus rating, and analysts’ average price forecast is close to where the stock trades; in July, B of A Securities and Evercore ISI Group raised their price forecasts.
The stock has been strong into midyear, up 15.4% year-to-date and trading 18.1% above the 200-day moving average. Goldman Sachs Group sits about 53% above the 52-week low of $691.30.
Macro nerves have also been in focus heading into earnings season, with volatility ahead of key catalysts on traders’ radar.
2. Citigroup Inc. | Mkt Cap: $242B | Implied Move: 4.22%
Citigroup Inc. (NYSE:C) reports second quarter of 2026 results, and expectations call for $2.67 in earnings per share on $23.47 billion in revenue. In the year-ago quarter, Citigroup posted $1.96 on $21.67 billion.
Options are pricing in a 4.22% move, according to Benzinga Pro, with roughly $10.2 billion of market value at stake based on Citigroup’s $242 billion market cap. The implied move matches Goldman’s, but the setup stands out because Citigroup has been the strongest YTD performer in this five-stock group.
Citigroup moves about $5 trillion in daily transaction volume, making it a key plumbing system for multinational corporations. The stock carries a Buy consensus rating, and shares trade in-line analysts’ average price forecast; in July, B of A Securities and UBS raised their price forecast.
Citigroup has rallied in 2026, up 18.6% year-to-date and trading 21.9% above the 200-day moving average. The shares sit about 66% above the 52-week low of $85.48.
Expectations for the broader bank complex have been building into this cluster of reports, with banks set to deliver closely watched results.
1. Wells Fargo & Co. | Mkt Cap: $268B | Implied Move: 4.47%
Wells Fargo & Co. (NYSE:WFC) reports second quarter of 2026 results, with consensus calling for $1.71 in earnings per share on $21.80 billion in revenue. That would be up from $1.54 on $20.82 billion a year earlier.
Benzinga Pro shows the widest implied move in this Benzinga-selected lineup at 4.47%. With Wells Fargo &’s $268 billion market cap, that’s about $12 billion of market value at stake into the print.
Wells Fargo & is a North American-focused banking giant with a $2.2 trillion balance sheet and the third-highest deposit market share in the U.S. The stock carries a Buy consensus rating, and the stock is trading below analysts’ average price forecast; in July, B of A Securities reiterated its Buy rating and raised its price forecast, while UBS reiterated its Buy rating and cut its price forecast.
The stock has lagged the rest of this group in 2026, down 8.4% year-to-date, even as it trades 3.7% above the 200-day moving average heading into earnings.
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