Jamie Dimon, chief government officer of JPMorgan Chase & Co., speaks throughout the 2025 Nationwide Retirement Summit in Washington, DC, US, on Wednesday, March 12, 2025.
Al Drago | Bloomberg | Getty Photographs
JPMorgan Chase is scheduled to report first-quarter earnings earlier than the opening bell Friday.
This is what Wall Avenue expects, in response to LSEG:
- Earnings: $4.61 a share
- Income: $44.11 billion
JPMorgan Chase would be the first main U.S. financial institution to report earnings for the latest quarter in a time of rising financial uncertainty.
Buyers will need to know the way customers, companies and companies are faring after President Donald Trump escalated world commerce tensions beginning April 2.
Jamie Dimon, the longtime JPMorgan chief, stated Wednesday that he thought aggressive tariff insurance policies would probably set off a recession. Trump on Wednesday lowered his proposed tariff charges on most nations, besides China, for an preliminary interval of 90 days.
Whereas financial institution executives are positive to concentrate on the quarter, which ended earlier than Trump’s so-called “Liberation Day” announcement final week, financial institution shares have swung wildly on recession fears, making backward-looking discussions much less related.
The shortage of certainty within the enterprise atmosphere for a lot of corporations was anticipated to solid a pall over some funding banking actions, together with IPO listings and merger recommendation.
Nevertheless it was additionally anticipated to offer a very good atmosphere for Wall Avenue buying and selling desks to print cash.
Wells Fargo and Morgan Stanley are additionally anticipated to report Friday, with Goldman Sachs, Financial institution of America and Citigroup coming subsequent week.
This story is creating. Please verify again for updates.
