JPMorgan Chase Reports Earnings for Fourth Quarter of 2024

JPMorgan Chase Earnings Report: What Wall Street Expects

CEO of Chase Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024.

Lucovic Marin | Getty Images

JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Wednesday.

Here’s what Wall Street expects:

  • Earnings: $4.11 a share
  • Revenue: $41.7 billion
  • Net interest income: $23.1 billion
  • Trading Revenue: Fixed income of $4.42 billion, Equities of $2.37 billion

JPMorgan’s results will be closely watched for signs that industry optimism is warranted.

Banks ended the year with several reasons to be bullish, with Wall Street activity picking up while Main Street consumers remain resilient. The election victory of Donald Trump has also led to hopes of regulatory relief.

JPMorgan stands to benefit on several fronts, with projected increases in investment banking and trading revenue.

Analysts will likely ask CEO Jamie Dimon about succession planning and the impact of Federal Reserve rate cuts on the bank’s operations.

Analysts may also inquire about JPMorgan’s plans with potential capital windfall if regulatory changes occur.

Goldman Sachs, Wells Fargo, Citigroup, Bank of America, and Morgan Stanley are also reporting earnings this week.

This story is developing. Please check back for updates.

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