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JPMorgan Chase and Bank of America Forecast Net Interest Income Growth

The Motley Fool +1 ·

JPM JPMorgan Chase & Co
$335.19 -0.02%
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  1. 1JPMorgan Chase announced an expected fourth-quarter net interest income of $25.5 billion excluding non-interest business.
  2. 2JPMorgan Chase's projected 2027 net interest income of $107 billion represents 10% annual growth.
  3. 3Bank of America raised its net interest income growth forecast for this year to approximately 8%.

So what's the key point?

JPMorgan Chase announced that its expected fourth-quarter profit is $25.5 billion. Bank of America raised its profit growth forecast for this year to 8%.

Source The Motley Fool +1 · View original ↗

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