Bank earnings live updates: JPMorgan, Wells Fargo, Goldman Sachs and Citigroup report

CNBC and CNBC World are providing live coverage of third-quarter earnings results, calls, and stock movements for JPMorgan, Wells Fargo, Goldman Sachs, and Citigroup.

Goldman Sachs stated it maintains a positive outlook on payment stocks entering third-quarter earnings, noting that spending volumes remained strong throughout the quarter and through the end of September. The bank reported that broader structural concerns for the sector have improved as certain regulatory and disruptive risks have declined. Goldman Sachs also noted that agentic commerce has emerged as a growth driver for carded payments.

According to Investing.com, Goldman Sachs believes payment stocks are relatively protected from market concerns such as AI-driven disruption, inflation, and higher interest rates, noting that the sector trades at low valuations compared to historical levels. The bank holds a constructive view on NYSE:V, NYSE:MA, NASDAQ:PYPL, NYSE:GLBE, and NASDAQ:RSKD, while expressing a more cautious stance on NYSE:FIS, NYSE:FISV, and NYSE:FOUR.

Brief written by urgent.news from CNBC, CNBC World, Investing.com — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.