However, competitor Wells Fargo's figures, which also came out on Wednesday, were slightly below expectations.
The reports come after industry giant JPMorgan Chase & Co. on Tuesday released financial results that beat expectations on most fronts. But CEO Jamie Dimon's press conference after the results largely focused on President Donald Trump's proposal to cap credit card interest rates at 10 percent, which would be a major blow to many banks.
Later on Wednesday, reports are expected from Citigroup, and on Thursday from Goldman Sachs and Morgan Stanley.
