Here comes JPMorgan earnings…. (JPM)

jamie dimon

JPMorgan is scheduled to release third-quarter earnings a little before 7am Friday.

Here’s what analysts are expecting:

Revenue: $27.4 billion
Expenses: $15.7 billion
Adjusted net income: $7.67 billion
Adjusted EPS: $2.26 a share.
Net interest margin: 2.5%
What to watch for:
The outlook for loan growth, with higher interest rates potentially crimping demand for some products like mortgages.
The final capital markets tally for the third quarter, and management’s outlook for the end of the year, which will include the last few days’ activity when stock markets tumbled.
Details on the bank’s expansion into new markets and recent launch of consumer-banking products Sapphire Banking (named after its successful credit card of the same name) and You Invest, the stock-trading app with free commissions.
Net interest margins. While interest rates have been going up with the Fed’s rate hikes, the yield curve has remained flat. That keeps a lid on any expansion in bank lending margins.

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Source:: Business Insider


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