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Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, April 23, 2024.
Victor J. Blue | Bloomberg | Getty Images
JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell Friday.
Here’s what Wall Street expects:
- Earnings: $4.19 a share, according to LSEG
- Revenue: $49.9 billion, according to LSEG
- Net interest income: $22.8 billion, according to StreetAccount
- Trading Revenue: Fixed income of $4.82 billion; Equities of $2.77 billion, according to StreetAccount
Will cracks in the economy begin to reveal themselves in JPMorgan Chase results?
While JPMorgan has passed numerous stress tests lately — actual and hypothetical — it’s possible the bank’s consumers could begin showing more strain from higher interest rates.
Another open question is about succession at JPMorgan after CEO Jamie Dimon acknowledged in May that he now had less than five years remaining in his current role.
Wells Fargo and Citigroup are scheduled to post results later Friday, while Goldman Sachs, Bank of America and Morgan Stanley report next week.
This story is developing. Please check back for updates.
This article was originally published by Cnbc.com. Read the original article here.