NEW YORK–The nation’s biggest banks are reporting some big profit numbers.

JPMorgan Chase, the largest bank in the country, exceeded forecasters’ expectations for Q2, reporting approximately $15 billion in earnings. 

In addition, Citi and Wells Fargo also reported strong earnings. 

Wells Fargo announced a profit of $5.5 billion, up 12% from a year ago. The announcement comes a month after the Federal Reserve released the bank from the asset cap that had constrained it for seven years — the result of numerous violations, including a massive bogus account scandal.

The bank said it intends to increase its dividend by 12.5%next quarter.

Citigroup’s net income of $4.02 billion was up  25% from the same quarter last year. 

“Frankly,” Mark Mason, Citi’s chief financial officer, told the New York Times, “the impact of tariffs and how that might show up in inflation and what some of the other unintended consequences might be is still unknown.”