JP Morgan CFO Says Could See Some Upward Pressure On Margins As Expenses Increase
Portfolio Pulse from Benzinga Newsdesk
JP Morgan's CFO has indicated that the company could experience some upward pressure on margins as expenses increase.
October 13, 2023 | 1:29 pm
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JP Morgan's CFO's statement about potential upward pressure on margins due to increased expenses could impact the company's stock negatively in the short term.
Increased expenses can lead to reduced profits, which can negatively impact a company's stock price. As such, the CFO's statement could lead to a decrease in JP Morgan's stock price in the short term.
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IMPORTANCE 80
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