U.S. Large-Cap Banks: Bank Brief Bonus — 1Q26 10-Q Tweets

Research evidence excerpt

U.S. Large-Cap Banks: Bank Brief Bonus — 1Q26 10-Q Tweets

Equity Research

11 May 2026

U.S. Large-Cap Banks

Bank Brief Bonus — 1Q26 10-Q

Tweets

We turned 2,478 pages of 10-Qs into twenty-one 300- U.S. Large-Cap Banks

character summaries. For 2Q26, banks are calling for higher POSITIVE

NII/fees, positive operating leverage and stable asset quality. U.S. Large-Cap Banks

Jason M. Goldberg, CFA

The 10-Qs point to lower (core) criticized assets, CECL +1 212 526 8580

unemployment of ~4.5%, continued share buyback, and V jason.goldberg@barclays.com

BCI, US

gains for some. Inna Blyakher

+1 212 526 3904

inna.blyakher@barclays.com

Overview John Hotchkiss III

Late last week our coverage completed the 1Q26 Form 10-Q filing season. Herein, we +1 212 526 2687

turned 2,478 pages of reading into brief ~300-character company summaries for each of john.hotchkissiii@barclays.com

our 21 Large-Cap Banks. In the Company Summaries section we also include links to our more BCI, US

extensive company reports. We intend to follow up with our typical comprehensive summary Matthew Kesselhaut

report with comp tables across interest rates, balance sheet, capital, business mix, funding, etc., +1 212 526 0181

in due course. Key takeaways to-date follow. matthew.kesselhaut@barclays.com

Earnings Outlook Brian Morton, CFA

+1 212 526 2163Earnings guidance in the 10-Qs matched the April earnings calls. With respect to 2026

brian.morton@barclays.com

earnings compared to 2025, the banks are generally calling for: BCI, US

•• Increased net interest income: We expect more than three-quarters of our coverage to post

record NII in 2026, up from half our coverage doing so in 2025.

•• Accelerating loan growth: C&I (CapEx cycle acceleration, AI-related investments, OBBBA