The U.S. banking system’s biggest operators are all due to report quarterly earnings tomorrow, October 14. The biggest bank by market capitalization, J.PMorgan Chase (JPM), is set to report its Q3 results on October 14 before the opening bell. Wall Street analysts expect the company to report earnings per share of $4.85 on revenues of $45.47 billion. (To know more, read this: JPMorgan Chase (JPM) Is About to Report Q3 Earnings Tomorrow. Here Is What to Expect.)
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Meanwhile, other heavy hitters, namely Wells Fargo (WFC) and Citigroup (C), are also due to publish quarterly reports the same morning.
Is WFC a Good Stock to Buy Ahead of Q3 Earnings?
Wells Fargo is set to release its third quarter of 2025 financials tomorrow. The stock has gained over 12% year-to-date, mainly due to strong earnings, cost controls, and steady loan growth. Wall Street analysts expect the company to report earnings per share of $1.55, representing a 9% increase year-over-year. Meanwhile, revenues are expected to decrease by 50% from the year-ago quarter to $21.15 billion, according to data from the TipRanks Forecast page.
Ahead of the print, Citi analyst Keith Horowitz maintained a Hold rating on Wells Fargo, citing limited upside as the stock already prices in strong returns. Horowitz said he sees better risk/reward opportunities in other bank stocks.
Turning to Wall Street, Wells Fargo stock has a Moderate Buy consensus rating based on 11 Buys and five Holds assigned in the last three months. At $89.00, the average WFC price target implies a 14.66% upside potential.
Is Citigroup a Buy, Sell, or Hold?
Also, Citigroup is scheduled to announce its results for the third quarter of 2025. Citigroup stock has rallied 36.3% year-to-date, driven by cost-cutting efforts, steady trading and investment banking revenue. Wall Street expects Citi’s Q3 EPS to rise 15% year-over-year to $1.73 on revenues of $21.09 billion.
Recently, the bank announced the sale of a 25% stake in its Banamex unit to Mexican businessman Fernando Chico Pardo. Following the deal, UBS analyst Erika Najarian maintained a Hold rating on the stock with a price target of $100 per share. She noted that selling a 25% stake to Fernando Chico Pardo at a lower-than-expected valuation raises doubts about Banamex’s profitability and its impact on Citigroup’s overall returns.
Turning to Wall Street, Citigroup stock scores a Moderate Buy consensus rating based on 13 Buys and five Hold recommendations. The average Citigroup stock price target of $108.33 indicates 15.33% upside potential from current levels.
Wall Street’s Take on JPM, WFC, and C
Using the TipRanks Stock Comparison Tool, Citigroup offers the highest upside potential at 15.3%, followed by Wells Fargo with 14.7%, while JPMorgan shows a 9.7% upside from current levels.
