JPMorgan Chase Expected Q4 Earnings of $5 per Share and Revenue of $46.2 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Source: CNBC
- Earnings Expectations: JPMorgan Chase is expected to report Q4 earnings of $5 per share and revenue of $46.2 billion, indicating strong performance amid stable consumer credit and investment banking, reflecting a favorable overall financial environment.
- Net Interest Income: Projected net interest income is $24.99 billion, suggesting that despite falling interest rates, the bank's profitability remains robust, potentially providing funding for future investments and expansions.
- Trading Revenue Insights: Fixed income trading revenue is anticipated to be $5.29 billion, with equity trading at $2.55 billion, demonstrating JPMorgan's ability to capitalize on market volatility, thereby enhancing its wealth management division's performance.
- Market Environment Impact: The banking sector has enjoyed a
Analyst Views on JPM
Wall Street analysts forecast JPM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JPM is 344.31 USD with a low forecast of 305.00 USD and a high forecast of 370.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
11 Buy
6 Hold
0 Sell
Moderate Buy
Current: 329.190
Low
305.00
Averages
344.31
High
370.00
Current: 329.190
Low
305.00
Averages
344.31
High
370.00
About JPM
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. The Company operates through three segments: Consumer & Community Banking (CCB), Commercial & Investment Bank (CIB), and Asset & Wealth Management (AWM). Its CCB segment offers products and services to consumers and small businesses through bank branches, ATMs, digital and telephone banking. Its CIB segment consists of banking and payments and markets and securities services, and offers a suite of investment banking, lending, payments, market-making, financing, custody and securities products and services to a global base of corporate and institutional clients. AWM segment offers investment and wealth management solutions. It offers multi-asset investment management solutions, retirement products and services, brokerage, custody, estate planning, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
