JPMorgan CFO Says Expects Net Interest Income Ex-markets To Be At $87B For 2025
Portfolio Pulse from Benzinga Newsdesk
JPMorgan's CFO announced that the bank expects its net interest income, excluding markets, to reach $87 billion by 2025. This projection was shared during an analyst call.
October 11, 2024 | 12:56 pm
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JPMorgan's CFO projects net interest income, excluding markets, to reach $87 billion by 2025. This indicates a positive outlook for the bank's core earnings potential.
The projection of $87 billion in net interest income by 2025 suggests a strong growth outlook for JPMorgan's core banking operations. This is likely to positively influence investor sentiment and the stock price in the short term.
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