SIFMA Research reported that the 22 banks it uses as a proxy for the U.S. financial system held total assets of $23.6 trillion in Q2’26, up 10.5% year-over-year (YoY). Total revenue for the group increased 20.2% YoY to $270.8 billion, while net income available to common shareholders surged 55.8% YoY to $74.9 billion.