Bank Earnings Have Entered the Upside-Down
Yahoo Finance ·
In this podcast, Motley Fool contributors Tyler Crowe, Lou Whiteman, and Matt Frankel discuss: The important numbers from the big bank earnings bonanza. Was Jamie Dimon "normal" cautious or "extra" cautious? Automating warehouses is harder than it sounds. Investing opportunities in robotics and automation. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center . When you're ready to invest, check out this top 10 list of stocks to buy . This podcast was recorded on Oct. 13, 2026. Tyler Crowe: It's Bizarro Bank Earnings Day. Motley Fool Hidden Gems Investing starts now. Welcome to Motley Fool Hidden Gems Investing . I’m your host, Tyler Crowe, today. I'm joined by longtime Fool contributors, Matt Frankel and Lou Whiteman. Guys, we're going to get into the challenge, I guess, if you will, of investing in the robotic space and automation. We’re going to hit the email, but we’re going to start today because it’s bank earnings week, and we had three of the biggest banks already kick us off. We had JPMorgan . We had Goldman Sachs , Wells Fargo , and Citibank all report earnings today. Guys, it was like that episode of Seinfeld , where they had Bizarro Jerry and the crew. Because whatever was up was down. JPMorgan actually missed estimates, but its stock was up, while everyone else beat earnings and saw their stocks go down. This is, of course, as we're recording. By the time this show drops, perhaps that's changed a little bit, but it did show a little bit of the reaction of what we saw today. Obviously, anything that happens at any given moment, we're not going to look into it too much. Looking across the whole space, I'm going to start with you, Lou, what is the one number from these big bank earnings that you saw so far that all investors should know about? Lou Whiteman: 557. I know there's more important numbers, and we can get into more of it, but that is the single most important number. That's JPMorgan's reported earnings per share. It is, as you say, a miss. Wall Street was expecting 590. This is significant to me because JPMorgan is the bellwether. Jamie Dimon is the Oracle of Wall Street. When they miss, it deserves attention. Look, I think the drivers are interesting too, securities losses, slower investment banking. What we're seeing the story of this quarter, and we can get deeper into it is that banks with heavy trading models did well. The more diversified or rate-sensitive franchises, I don't want to say did poorly, but they're showing signs of strain, and I think that is my big takeaway based on that one number and everything else we got.
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