April 12, 2024 11:05 GMT
JPM Results: Miss On NII Guidance
FINANCIALS
JPMorgan results headlines (JPM US), looks marginally weak on NII:
- JPM STILL SEES FY NET INTEREST INCOME ABOUT $90B, EST. $90.72B
- JPMORGAN SEES FY ADJ. EXPENSE ABOUT $91B, SAW ABOUT $90B
- JPMorgan Chase Non-GAAP EPS of $4.63 beats by $0.50, revenue of $41.93B beats by $240M
- JPMorgan Chase: Looking Ahead, We Expect Normalization to Continue for Both NII and Credit Costs >JPM
- JPM CITES DEPOSIT MARGIN COMPRESSION & LOWER DEPOSIT BALANCES*JPM: NII DECLINED 4% SEQUENTIALLY THIS QTR
Keep reading...Show less
72 words