The third-quarter earnings season for U.S. banks will officially kick off this Friday, with major financial institutions likeJPMorgan Chase & Co.(NYSE:JPM),Wells Fargo Corp.(NYSE:WFC), andBank of New York Mellon Corp.(NYSE:BK) set to report their results.

The following Tuesday will see additional earnings releases from mega-cap players such asBank of America Corp.(NYSE:BAC),Goldman Sachs Inc.(NYSE:GS), andCitigroup Inc.(NYSE:C), as well as some regional banks.

Banking Sector Performance So Far In 2024

Thus far, in 2024, the banking sector has shown strong performance. The...