Analysts polled by LSEG expect earnings per share of $4.11 and revenue of $41.85 billion.Fixed income of $5.19 billion and equities of $2.57 billion, according to StreetAccountWhile the biggest U.S. bank by assets has navigated the rate environment well since the Federal Reserve began raising rates two years ago, smaller peers have seen their profits squeezed.
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.Citi says this ‘high risk’ but ‘attractive’ global stock has 280% upside This AI stock could fall 50% and has an ‘exaggerated artificial intelligence narrative,’ Morningstar saysfatal crash
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