Analysts polled by LSEG expect JPMorgan Chase to report earnings per share of $4.11 and revenue of $41.85 billion. The bank has navigated the rate environment well, but concerns are rising over rising losses from commercial loans and higher defaults on credit cards.
Analysts polled by LSEG expect earnings per share of $4.11 and revenue of $41.85 billion.Follow your favorite stocksJamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC's "Squawk Box" at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024.Here's what Wall Street expects:Net interest income:Fixed income of $5.19 billion and equities of $2.57 billion, according to StreetAccountWhile the biggest U.S.
The industry has been forced to pay up for deposits as customers shift cash into higher-yielding instruments, squeezing margins. Concern is also mounting over rising losses from commercial loans, especially on office buildings and multifamily dwellings, and higher defaults on credit cards.smaller ones this quarter, and expectations for JPMorgan are high.
Wall Street may provide some help this quarter, with investment banking fees for the industry up 11% from a year earlier, according to Dealogic.
Jpmorgan Chase Earnings Revenue Rate Environment Commercial Loans Credit Cards
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