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Goldman Sachs fell 24% from its record while JPMorgan gave up just 8%

Percent below 52-week closing high, at prices as of 10:59 a.m. ET Oct. 15, 2026

Bar chart of eight large U.S. banks and brokerages by percent below their 52-week closing high at 10:59 a.m. ET on October 15 2026, from Goldman Sachs down 24.1 percent to JPMorgan down 8.3 percent
Source: Financial Modeling Prep, cross-checked against Yahoo Finance. Prices as of 10:59 a.m. ET Oct. 15, 2026.
Goldman Sachs

Silvia Insights research desk

Wall Street's trading houses took the worst of the bank selloff, and the largest bank in the group took the least.

On October 15, Goldman Sachs sat 24.1% below its July 15 record close and JPMorgan just 8.3% below its high.

Goldman then closed 24.0% below that record on October 19, its deepest close since April 2025.

Goldman and Morgan Stanley earn less than a quarter of their net revenue from net interest income, so their profits rise and fall with deals and trading.

From the October 15 close through October 19, the only two of the eight to gain were PNC and US Bancorp, the two regional lenders on the chart.

For now, investors want bank earnings they can predict.

This chart comes from a new Silvia Insights research report. Members received the full analysis last week, including the actionable trade ideas, risks and what comes next.

Research is for informational purposes and does not constitute personalized investment advice.

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