Wave of US bank mergers predicted after Trump win
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US bank shares have risen following Donald Trump's election victory, with expectations of increased industry consolidation. UBS analysts predict a higher terminal interest rate from the Federal Reserve, suggesting a reset in net interest income forecasts for 2025. This could impact tangible book value growth due to unrealized losses from declining bond values.
November 07, 2024 | 7:00 pm
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JPMorgan Chase & Co. may benefit from increased industry consolidation and higher interest rates, but could face challenges in tangible book value growth due to unrealized losses from declining bond values.
JPMorgan, as a major US bank, is likely to benefit from the predicted wave of bank mergers and higher interest rates, which can boost net interest income. However, the potential impact on tangible book value due to unrealized losses from declining bond values is a concern.
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