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Goldman Sachs, JPMorgan Project $40B Q1 Profit Amid Iran War

4/12/2026

24 5 Full Breakdown

Summary

Story summary

As of April 11, 2026, Goldman Sachs and JPMorgan are set to report a combined $40 billion trading profit for Q1 2026.
The surge would be the highest since 2014, driven by Iran war volatility.
Oil prices, bond yields, and equities fluctuated.
Analysts expect growth in interest income and investment banking fees in Q1.
The moves reveal how geopolitical instability enables bank profits and raises questions about the system.

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Story summary

As of April 11, 2026, Goldman Sachs and JPMorgan are set to report a combined $40 billion trading profit for Q1 2026.
The surge would be the highest since 2014, driven by Iran war volatility.
Oil prices, bond yields, and equities fluctuated.
Analysts expect growth in interest income and investment banking fees in Q1.
The moves reveal how geopolitical instability enables bank profits and raises questions about the system.