US EditionJPMorgan lifts interest income forecast after profit beat in Q2 - Shelflife Magazine
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JPMorgan lifts interest income forecast after profit beat in Q2 - Shelflife Magazine
JPMorgan Chase has raised its net interest income forecast for 2025 after a strong performance in its investment banking and trading divisions helped it surpass profit expectations for the second quarter. The bank now expects an estimated $95.5 billion (€82.5 billion) of NII, or the difference between what it earns on loans and pays out on deposits, compared with an earlier estimate of $94.5 billion (€81.5 billion). CEO Jamie Dimon stated on the…
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