JPMorgan Stock

JPMorgan Chase Shares Plunge 7% After Bank Lowers 2025 Net Interest Income Forecast

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JP Morgan Chase 11zon

JPMorgan Chase shares dropped 7% on Tuesday following comments from the bank’s president, Daniel Pinto, who signaled that analysts’ expectations for the bank’s 2025 net interest income (NII) were too high. This marked the largest single-day decline for the bank since June 2020, according to FactSet. Key Points: What is Net Interest Income (NII)? NII … Read more

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