JPMorgan Chase & Co. Jamie Dimon, CEO of the company, will speak on Wednesday, March 12, 2025 at the 2025 National Retirement Summit in Washington, DC, USA.
Al Drago | Bloomberg | Getty Images
JPMorgan Chase is expected to report first quarter revenues ahead of Friday’s opening bell.
According to LSEG, Wall Street is hoping for:
Revenue: $4.61 Sharerevenue: $441.1 billion
JPMorgan Chase will be the first major US bank to report its most recent quarterly revenue in an era of growing economic uncertainty.
Investors will want to know how consumers, businesses and businesses operate after President Donald Trump escalates global trade tensions from April 2nd.
Longtime JPMorgan leader Jamie Dimon said Wednesday that he thought aggressive tariff policies were likely to cause a recession. Trump on Wednesday reduced tariff rates proposed in most countries except China for an early 90-day period.
While bank executives will certainly focus on the quarter that ended before Trump’s so-called “liberation day” announcement last week, bank stocks have shaking wildly about the fears of the recession, making the recessionary debate even less relevant.
For many companies, the lack of certainty in the business environment was expected to poll some investment banking activities, including IPO listings and merger advice.
However, it was also expected that Wall Street trading desks would provide a good environment for printing money.
Wells Fargo and Morgan Stanley are also scheduled to report on Friday, with Goldman Sachs, Bank of America and Citigroup coming up next week.
This story is developing. Please check for updates.
