JPMorgan will be watched closely for clues on how banks are faring at the start of the Federal Reserve's easing cycle.
Wall Street expects the bank to report earnings of $4.01 a share and revenue of $41.63 billion, according to LSEG.Follow your favorite stocksCEO of Chase Jamie Dimon looks on as he attends the seventh "Choose France Summit", aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024.is scheduled to report third-quarter earnings before the opening bell Friday.Revenue: $41.
JPMorgan will be watched closely for clues on how banks are faring at the start of the Federal Reserve's easing cycle. The biggest American bank has thrived in a rising rate environment, posting record net income figures since the Fed started hiking rates in 2022.rates, there are questions as to how JPMorgan will navigate the change. Like other big banks, it's margins may be squeezed as yields on interest-generating assets like loans fall faster than its funding costs.expectations for 2025 net interest income and expenses, and analysts will want more details on those projections.
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