The issuers.

Banks don’t run on revenue and margin — they run on net interest income, deposits, cost efficiency, and credit. This lens reads those straight from the filings, for every balance-sheet name in the universe: the big issuers and the fintech-banks alike. Rising provisions are the early consumer-credit signal worth watching.

The issuers

What the balance-sheet names actually run on · 15

Name	Net interest income (LTM)	Deposits	Efficiency	Provisions (LTM)	NII trend
JPMJPMorgan Chase	$99.8B	$2.71T	51%	$13.1B
BACBank of America	$62.7B	$2.03T	59%	—
WFCWells Fargo	$48.7B	$1.50T	64%	$3.8B
USBU.S. Bancorp	$17.1B	$532.1B	58%	$2.3B
AXPAmerican Express	$18.3B	$157.0B	74%	—
SYFSynchrony Financial	$18.7B	$82.8B	28%	—
SOFISoFi Technologies	$2.7B	$45.5B	82%	$40,000
BFHBread Financial Holdings	$4.2B	$14.7B	24%	$1.3B
HAPNHappen	—	$10.8B	—	$83M	—
TBBKBancorp	$366M	$7.5B	33%	$140M
GDOTGreen Dot Corporation	—	$4.6B	—	$11M	—
HOODRobinhood	$1.6B	—	—	$154M
UPSTUpstart	$97M	—	—	—
TOSTToast	$52M	—	—	$105M
JKHYJack Henry & Associates	$18M	—	—	$68,000

This week’s read· 2026-09-06

JPM's $13B LTM provision build and $2.7T deposit base suggest the bank is bracing for credit deterioration while capital remains ample—a posture that contrasts sharply with BAC's regulatory friction (Merrill Lynch's $7.5M AML fine) and smaller cushion. BFH's 24% efficiency ratio indicates structural advantages that deposit-heavy peers like JPM and BAC cannot easily replicate without margin compression.

How to read this

Banks run on net interest income, deposits, and credit — not revenue and margin. The line to watch is provisions: a bank setting aside more for bad loans is the earliest read on consumer-credit stress, and it often turns here before it shows in the stock. Efficiency ratio (lower is leaner) tells you who converts that funding base into profit; the NII sparkline tells you whether the engine is still growing.

The Payments Corner

The issuers.

What the balance-sheet names actually run on · 15

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