All eyes will be on CEO Brian Moynihan's bank after JPMorgan managed to post its biggest quarterly revenue ever despite setting aside $8.9 billion for coronavirus-related loan losses.
Here's what Wall Street expects: Earnings: 27 cents a share, a 64% drop from a year earlier, according to Refinitiv.Net Interest Margin: 2.04%, according to FactSet.
Brian Moynihan, Bank of America, speaking at the WEF at Davos, January 21, 2020Here's what Wall Street expects:Revenue: $22 billion, a 5.3% drop from a year earlier.Trading revenue: Fixed income $2.63 billion; equities $1.27 billion.The second-biggest U.S. bank by assets has a huge retail bank coupled with a global investment bank, much like the larger
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