US Big Six Banks Post $145.6B Net Profit in Nine Months, JPMorgan Leads

The six largest U.S. banks reported combined net profits of $145.626 billion for the first nine months of 2026, driven by strong markets and consumer activity. JPMorgan led with $52.954 billion despite elevated costs and losses, while Bank of America's quarterly earnings were hit by a penalty charge. The figures indicate robust financial-sector performance, though the penalty suggests regulatory or legal costs are emerging.