JP Morgan Chase is set to report fourth-quarter earnings – here's what the Street expects

  • 📰 CNBC
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

J.P. Morgan, the biggest U.S. bank by assets, is the first major lender to report earnings.

The company is closely watched by investors looking for clues into how the industry's Wall Street and Main Street businesses fared in the quarter.

J.P. Morgan CFO Jennifer Piepszak said trading revenue was "meaningfully" higher in the fourth quarter versus a year ago. The rebound comes from the industry's' fixed-income trading operations, projected to rise 25% on average, versus a 3% bump in stock trading revenue, KBW analyst Brian Kleinhanzl wrote last month., outpacing the broader stock indices in the fourth quarter as investors rushed into an under-owned sector. J.P.

But banks may face pressure this year as interest rates stay low or are even slashed further. The Federal Reserve cut its benchmark rates for the third time in October, and that pressures net interest income, or the revenue that banks garner from collecting loan payments, minus the interest it pays to depositors.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

JPMORGAN CHASE REPORTS RECORD FOURTH-QUARTER 2019 NET INCOME OF $8.5 BILLION, OR $2.57 PER SHARE RECORD FULL-YEAR 2019 NET INCOME OF $36.4 BILLION, OR $10.72 PER SHARE Presentation Supplement $JPM

I'm buying more $GRNF

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Verily CEO Andy Conrad's J.P. Morgan 2020 presentation to investors - Business InsiderVerily just presented for the first time at JPMorgan's big health conference. Here's how the CEO of Alphabet's life sciences firm laid out the unusual business to top investors.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Wall Street hits record, boosted by trade and earnings optimismApple, Alphabet and other tech favorites propelled Wall Street to record highs o... Boosted by trillions pumped in by the Fed. Yeah!!! We can all go buy ourselves lots of..... nothing. Three jobs and no money. But hey Wall Street is up. Bread and water for dinner but Wall Streets up. Time to get another job. And US budget deficit in Q1 highest in 9 years
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »

Bank Stocks Had a Bonanza in 2019. Earnings Will Be More Blah.Falling interest rates were a mixed bag for big U.S. banks last year. That should be evident when they report fourth-quarter earnings this week. Here’s what you need to know. And record Banks REPO overnight Market BAILOUT too !!! FEDERAL RESERVE ADMITS IT PUMPED MORE THAN $6 TRILLION Dollars TO WALL STREET IN RECENT SIX WEEK PERIOD Ends today, January 14th, 2020 Built on Overdraft fees. Milking the poor = Good business.
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »