JPMorgan Chase is poised to reveal its third-quarter earnings – here's what analysts anticipate.
- JPMorgan Chase reports third-quarter earnings before the bell Friday.
- According to LSEG, Wall Street anticipates the bank's earnings per share to be $4.01 and its revenue to be $41.63 billion.
- JPMorgan executives will host a conference call at 8:30 a.m. ET.
is scheduled to report third-quarter earnings before the opening bell Friday.
Here's what Wall Street expects:
- Earnings: $4.01 a share, according to LSEG
- Revenue: $41.63 billion, according to LSEG
- Net interest income: $22.73 billion, according to StreetAccount
- According to StreetAccount, the company's fixed income revenue is $4.38 billion, and its equities revenue is $2.41 billion.
The Federal Reserve's easing cycle will be closely monitored for indications of banks' performance, with JPMorgan serving as a key indicator.
Since the Fed began raising interest rates in 2022, the largest American bank has experienced growth and recorded impressive net income figures.
With the Fed cutting rates, JPMorgan may face questions about how to navigate the change, as its margins may be squeezed due to the faster fall of yields on interest-generating assets like loans compared to its funding costs.
JPMorgan recently adjusted its forecast for 2025 net interest income and expenses, and analysts will require further information regarding those predictions.
Jamie Dimon, CEO of JPMorgan, will also share his views on the upcoming U.S. election and the industry's efforts to combat regulatory measures aimed at reducing fees and increasing capital requirements.
The KBW Bank Index has been surpassed by JPMorgan's shares, which have experienced a 25% increase this year.
Results will be released later Friday, while reports will be presented next week.
This story is developing. Please check back for updates.
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