MarketBeat April 2026 market recap

May 4, 2026

This piece is sponsored by MarketBeat.

Pathward Financial (NASDAQ: CASH) — Pathward Financial delivered its second quarter earnings report on April 22. The company met expectations for earnings per share of $3.35 and beat the $272.04 million revenue estimate, reporting $276.3 million. Pathward also originated $1.87 billion in tax refund advance loans through March 31, up from $1.66 billion during the previous tax season.

SAB BIO (NASDAQ: SABS) — SAB Biotherapeutics presented data on SAB-142, its lead candidate targeting Type 1 diabetes, at the 2026 Immunology of Diabetes Society Congress in Brisbane, Australia. SAB-142 targets immune cells that attack pancreatic beta cells, aiming to preserve insulin production. The presentation highlighted its multi-specific binding profile and C-peptide data, with its SAFEGUARD Phase 2b trial actively enrolling.

First Interstate BancSystem (NASDAQ: FIBK) — On April 29, First Interstate BancSystem reported mixed first quarter earnings. An EPS of 61 cents narrowly beat expectations of 60 cents, but revenue of $241.8 million fell slightly below the $243.3 million estimate. Management also highlighted continued net interest margin expansion and an organizational redesign during the quarter.

The Bancorp (NASDAQ: TBBK) — The Bancorp delivered its first quarter earnings report on April 23. Its EPS of $1.41 beat expectations of $1.34, while revenue of $132.5 million came in below expectations of $189.17 million. The company also reported return on assets of 2.57 percent and return on equity of 35.10 percent, while prepaid, debit and credit card gross dollar volume rose 18 percent year over year to $52.51 billion.

Wells Fargo (NYSE: WFC) — On April 14, Wells Fargo released its first quarter earnings, reporting an EPS of $1.60, which beat expectations of $1.56. However, the company’s $21.44 billion revenue fell short of the $21.85 billion analyst expectation. The bank also noted average deposits of $1.42 trillion and maintained its 2026 guidance.

NorthWestern Energy (NASDAQ: NWE) — On April 2, NorthWestern Energy shareholders approved the company’s tax-free, all-stock merger with Black Hills Power & Light. The combined company will be named Bright Horizon Energy. The deal is expected to close in the second half of this year, and shareholders will receive 0.98 Black Hills shares for each NWE share.

CNH Industrial (NYSE: CNH) — On April 30, CNH Industrial reported a first quarter EPS of 1 cent and consolidated revenue of $3.8 billion. The company reaffirmed its full-year guidance, noting that tariffs weighed on its agriculture and construction segments. While CNH pointed to tariff cost offset opportunities, the company did not disclose whether it expects refunds for any IEEPA-covered tariffs.

Citigroup (NYSE: C) — On April 14, Citigroup reported its first quarter earnings beat on both the top and bottom lines. EPS of $3.06 came in above expectations of $2.63, and revenue of $24.63 billion topped expectations of $22.96 billion. Citi highlighted double-digit growth in four of its five core businesses.

Smithfield Foods (NASDAQ: SFD) —  Smithfield Foods delivered its first quarter earnings report on April 28. EPS of 64 cents beat expectations of 58 cents, and revenue of $3.8 billion beat expectations of $3.74 billion. The company reported record first quarter adjusted operating profit, supported by strength in packaged meats and a return to profitability in hog production.

McDonald’s (NYSE: MCD) —  McDonald’s is entering the craft-beverage arena. On May 6, the company will roll out six specialty beverages — refreshers and crafted sodas — to U.S. restaurants. The restaurant chain is looking to boost traffic and sales by competing in the premium-beverage space.

Walmart (NYSE: WMT) — Walmart announced that it will expand its Better Care Services platform with new offerings, including weight-management support services for customers on or exploring GLP-1 therapies. The platform also includes virtual care, nutrition support and pharmacy services.

Target (NYSE: TGT) —  On April 25, Target launched a limited-time collaboration with viral apparel brand Parke to try to reconnect with Gen Z shoppers, revive its “cheap chic” reputation and reignite discretionary categories like apparel and home. The nearly 60-piece Parke x Target collection includes women’s ready-to-wear, accessories and Parke’s first swimwear line, with most items priced under $40.

Macy’s (NYSE: M) — For the 51st year, Macy’s Herald Square flagship is presenting the Macy’s Flower Show from April 23 to May 10 with dynamic floral displays and Mother’s Day festivities. New this year, Macy’s State Street has launched a pop-up Flower Show installation in Chicago from April 16 to May 10.

Dillard’s (NYSE: DDS) —  Dillard’s launched the exclusive Cyd Morris x Gianni Bini capsule collection April 7. The limited-edition collection marks Dillard’s first collaboration with renowned designer and tastemaker Cydney Morris. The collection is available exclusively at Dillard’s stores and online.

Amazon (NASDAQ: AMZN) — Amazon reported its first quarter earnings on April 29. EPS of $2.78 beat expectations for $1.72, and revenue of $181.52 billion beat expectations for $176.98 billion. Amazon Web Services revenue rose 28 percent year over year to $37.60 billion, marking its fastest growth in 15 quarters.

Costco (NASDAQ: COST) — On April 15, Costco raised its quarterly dividend by 17 cents, or 13.08 percent, to $1.47 per share. This makes it 22 consecutive years of dividend increases for the retail giant.

Ford Motor (NYSE: F) — Ford Motor released its first quarter earnings on April 29. The automaker delivered an EPS of 66 cents, which beat expectations of 22 cents. However, revenue of $43.25 billion came in slightly below estimates of $43.36 billion. Ford raised its full-year adjusted EBIT guidance from $8.5 billion to $10.5 billion, helped by a one-time $1.3 billion IEEPA tariff benefit.

General Motors (NYSE: GM) — General Motors delivered its first quarter earnings on April 28, reporting an EPS of $3.70, beating the $2.58 estimate, and revenue of $43.62 billion, beating expectations of $43.60 billion. The automaker raised its 2026 adjusted EBIT outlook from $13.5 billion to $15.5 billion, supported by an expected $500 million refund tied to IEEPA-covered tariffs.

MarketBeat overview

MarketBeat was founded in 2011 to create high-quality stock research tools and make them available to investors at all levels. The site uses the latest technology to provide proprietary, comprehensive, accurate and up-to-the-minute financial data, including information about analyst recommendations, dividend declarations and earnings announcements.

All this information and more is available for free on the company’s website and via the company’s daily newsletters. MarketBeat aims to be a go-to resource for both retail and institutional investors. Currently, over 20 million individuals visit MarketBeat.com every month.

Tags:  

Want to stay in the know?

Get our free business news delivered to your inbox.



MarketBeat April 2026 market recap

It’s earnings time: We have updates from many local public companies, plus an update on an area biotech business and new national retail offerings.

News Tip

Have a business news item to share with us?

Scroll to top