Trading desks emerged as the primary engine for this growth, generating a record $7.1 billion in revenue—a sharp increase from the $5.3 billion reported a year prior. Equity trading proved particularly lucrative, climbing 70% to reach $3.6 billion. This performance comfortably exceeded the 15% growth target previously set by the bank's leadership.

Beyond the trading floor, the bank benefited from sustained consumer activity and a robust domestic economy. Net interest income rose 9% to $16 billion, supported by a 1% increase in average loans and leases to $321 billion. With shares already up 8% throughout 2026, the market responded to the latest results with a 1.7% gain in pre-bell trading.