to report about $4.2 billion in trading revenue for the quarter, according to FactSet. That would still be up about 20% from the fourth quarter of 2019, but down about 45% from the first quarter of 2021.could lead to higher lending profits
. KBW analysts expect adjusted net interest income to rise 8% in the fourth quarter from a year earlier. That growth might continue in 2022, which is enticing investors. The KBW Nasdaq Bank Index has rallied more than 10% since Dec. 15, when the Federal Reserve signaled itin 2022. JPMorgan Chief Executive Jamie Dimon predicted more than four increases this year in a CNBC interview Monday. The Fed signaled last week that it could raise interest rates as soon as March.
Loan growth is starting to tick higher after a lull through much of the pandemic. Total loans at U.S. banks reached $10.76 trillion at the end of December. That is up 2.8% from the end of September and not far from the high reached shortly after the pandemic began in 2020., shows little sign of slowing. Global investment-banking revenue topped $31 billion in the fourth quarter, according to Dealogic. That is down slightly from earlier quarters in 2021, but well above pre-pandemic levels.