Bank earnings show a monster 2025 and shareholders reap rewards

Large U.S. banks wrapped up 2025 looking pretty good — especially from shareholders’ point of view. After a year of high interest rates, volatile but rising asset prices, and affluent consumers who kept spending despite uncertainty, profits rolled in across Wall Street, with stock prices rising to match. By most measures, it was a great year for the sector. As bank earnings week rolls on, new wrinkles are emerging. Political risk — including President Donald Trump’s push to cap credit card interest rates ...