JP Morgan CFO Says Expects Net Interest Income Ex-Markets To Be At $87B For 2025
Portfolio Pulse from Benzinga Newsdesk
JP Morgan's CFO announced that the bank expects its net interest income, excluding markets, to reach $87 billion by 2025. This projection was shared during a media call.
October 11, 2024 | 12:58 pm
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JP Morgan's CFO announced an expected net interest income of $87 billion by 2025, excluding markets. This projection indicates potential growth in the bank's core lending and deposit activities.
The announcement of a projected $87 billion net interest income by 2025 suggests positive growth in JP Morgan's core banking operations. This could lead to increased investor confidence and a potential rise in stock price.
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