Top five US banks earn $50 billion in one quarter, nearly half of Nifty50’s annual profit

WhiteOak’s Prashant Khemka stays bullish on healthcare, small NBFCs and manufacturing-led growth


The five largest US banks generated nearly $50 billion in June-quarter profit, equal to almost half of the Nifty50’s entire FY26 earnings, highlighting the enormous earnings gap between Wall Street’s banking giants and India’s biggest listed companies.

By Yoosef K  July 14, 2026, 8:50:32 PM IST (Published)
Top five US banks earn $50 billion in one quarter, nearly half of Nifty50's annual profit

The five largest US banks generated nearly $50 billion in net profit during the June 2026 quarter alone—equivalent to almost half of the Nifty50’s entire FY26 earnings of $107 billion (₹9.5 lakh crore). The comparison underscores the sheer scale of Wall Street’s banking giants and the widening earnings gap with India’s largest listed companies.

Continue Reading with
CNBC-TV18 Access Membership

Priority Access and Networking: CNBC-TV18’s flagship events

Interaction with CNBC-TV18’s journalists

Webinars & LIVE Q&As with India Inc. Leaders

Exclusive CNBC-TV18 studio & newsroom tours

Premium business insights, expert opinions & analysis

Curated lifestyle privileges & offers



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *