The Zhitong Finance App learned that on Tuesday, major bank stocks rose sharply. Goldman Sachs (GS.US) rose more than 8%, and J.P. Morgan Chase (JPM.US) and Bank of America (BAC.US) rose more than 2%, all reaching record highs; in addition, UBS (UBS.US) rose nearly 4%, and Barclays Bank (BCS.US) and Citibank (C.US) all rose more than 2%. According to the news, the Q2 earnings season for bank stocks has begun, with strong performance. Among them, J.P. Morgan Chase achieved net profit of US$21.155 billion in the second quarter, an increase of 41% year over year, a record quarterly high. It is also a new quarterly profit record in the history of the US banking industry. Goldman Sachs Q2 net revenue surged 39% year on year to a record high of US$20.34 billion, and net profit increased 78% year over year. Bank of America's total revenue for the quarter soared 34% to a record $7.1 billion.

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