JPMorgan Chase, Wells Fargo, and Citigroup are among the major banks reporting earnings, with JPMorgan's CEO Jamie Dimon warning of inflationary pressures. JPMorgan's profits rose 6% in Q1, beating expectations, but net interest income outlook missed, leading to a 4.2% stock drop.
"One of the reasons that the stock fell after the earnings came out is some of the statements that were around it," IG North America CEO @TheJJKinahan says on $JPM. Jamie Dimon said they "had to prepare for a lot of outcomes. That's not something you normally hear." https://t.co/vkLgWxzjR9
JPMORGAN SHARES FALL 4.2% AT THE OPEN, MOST SINCE MARCH 2023
*JPMORGAN SHARES FALL 4.2% AT THE OPEN, MOST SINCE MARCH 2023
TUNE IN: Larry Fink joins @SquawkStreet this hour to talk $BLK Q1 earnings.
$JPM (-3.2% pre) JPMorgan profits rose 6% in 1Q but Dimon warns of 'persistent inflationary pressures' - Y Finance https://t.co/pLalYacc11
$JPM beats Q1 2024 estimates, stock lower by 3% on softer NII: -"consumers remain financially healthy" -$4.44 EPS, $42.55B revenue -net income was $13.4B, with a provision for credit losses lower than anticipated at $1.88B -Total deposits were $2.43T, and managed net interest…
Good Morning Everyone! JPMorgan down -2.5% this morning in pre-market. They beat earnings in Q1 (+6% YoY)… But they missed analyst estimates on full-year Net Interest Income ($89B vs $90.68B). Their interest expense went up +49% YoY. This has the stock under pressure. CEO… https://t.co/ykUgjg3yh9
JPMorgan Slides After Dimon Warns On Net Interest Income, Outlook Disappoints https://t.co/AfJnhHuXPs
Another warning from Jamie Dimon: "First, the global landscape is unsettling – terrible wars and violence continue to cause suffering, and geopolitical tensions are growing. Second, there seems to be a large number of persistent inflationary pressures, which may likely continue.…
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead https://t.co/160Ut35THE
Good Morning! Here's a summary of the bank reports so far: $JPM -2.3% • EPS: $4.63 vs $3.82 est. • Rev: $41.9B vs $38.53B est. $BLK +2.4% • EPS: $9.81 vs $9.32 est. • Rev: $4.73B vs $4.68B est. $WFC +0.90% • EPS: $1.20 vs $1.00 est. • Rev: $20.86B vs $18.6B est.
Some Key Earnings Calls scheduled for Today [ET]: — $BLK: 7:30 AM — $JPM: 8:30 AM — $WFC: 10:00AM — $STT, $C : 11:00AM
JPMorgan forecasts lower-than-expected net interest income in 2024 https://t.co/m29IsIoSHK
Stock Market Today: Stocks lower with bank earnings in focus; JP Morgan slides https://t.co/2OUuj5irts
JPMorgan beats on earnings as CEO Jamie Dimon rings the alarm on global trouble https://t.co/KDyAFTCNvg
Some Key Earnings Calls scheduled for Today [ET]: — $BLK: 7:30 AM — $JPM: 8:30 AM — $WFC: 10:00AM — $STT, $C : 11:00AM For key quotes from these & more, subscribe to our weekly newsletter: https://t.co/fNOVvqNn8h
Some Key Earnings Calls scheduled for Today [ET]: — $WFC: 7:00AM — $BLK: 7:30 AM — $JPM: 8:30 AM — $STT & $C : 11:00AM
JPMorgan profits rose 6% in 1Q but Dimon warns of 'persistent inflationary pressures' https://t.co/OZjiF7tyO2 by @DsHollers
Just in: Profits at JPMorgan Chase rose 6% in the first three months of 2024 with net income of $13.4bn, up from $12.6bn a year earlier, which was better than analysts had expected https://t.co/JXDZSO9Ztx https://t.co/CUly4Dh7xj
BREAKING - JPMorgan Chase reports higher profits, warns inflation could linger https://t.co/g3ATuvyZwS https://t.co/euDFFIpMBt
⚠️BREAKING: *JPMORGAN CHASE TOPS Q1 EXPECTATIONS ON TRADING RESULTS, LOWER THAN EXPECTED CREDIT COSTS $JPM https://t.co/cppAlqt15P
JP Morgan shares tumble as key Q1 earnings metric disappoints Wall Street https://t.co/pnK6EkNWAY
JPMorgan $JPM is down 3.5% in pre market trading on the earnings https://t.co/XttILnoogL https://t.co/Tw9ywByJ5b
JPMorgan shares drop after the firm reports net interest income that missed analyst estimates and raises expense guidance https://t.co/1sYbmNgWDx
******JPMORGAN STILL SEES FY NET INTEREST INCOME ABOUT $90B**** | But it was down sequentially from Q4, like we said.... @FDICgov $JPM And of course Jamie beat expectations, like hopping dog toys in dark hallways.... https://t.co/Elc7Ix5cpi
$JPM CEO Jamie Dimon's Q1 2024 commentary: "Many economic indicators continue to be favorable. However, looking ahead, we remain alert to a number of significant uncertain forces" https://t.co/YCttnsRQNg
$JPM ❖ JPMORGAN FALLS 4.2% AFTER FY NET INTEREST INCOME OUTLOOK MISS
$JPM Jamie Dimon - earnings commentary https://t.co/q1zP9pkkFB
⚠️ JPMORGAN'S PROFIT RISES ON INTEREST INCOME STRENGTH Full Story → https://t.co/qq74O0pSjU JPMorgan Chase's profit rose in the first quarter as it earned more from interest payments, the bank said on Friday. https://t.co/aAqLNgsCPC
JPMorgan $JPM reports earnings tomorrow morning, Wall ST is expecting numbers of EPS of $4.13 up 0.7% YoY Revenue of $41.69B up 8.7% YoY
Largest stocks that report earnings tomorrow JPMorgan $JPM Wells Fargo $WFC Progressive $PGR Blackrock $BLK Citi $C State Street $STT
Earnings season officially shifts into gear TOMORROW! Here's who to watch before the open: https://t.co/iMQhdl5zRg
ALL OF THE LARGEST BANKS IN AMERICA REPORT EARNINGS TOMORROW MORNING JP MORGAN $JPM WELLS FARGO $WFC CITI $C BLACKROCK $BLK ALSO REPORTS ITS EARNINGS AT THE SAME TIME TOMORROW MORNING https://t.co/Bz8Qfe0vju
Earnings season officially kicks off tomorrow! $WFC $JPM $BLK $STT $PGR $C https://t.co/x7oZuK3LZ3
Bank earnings are kicking off tomorrow. The Investment Committee look ahead to their favorite financial. $XLF $JPM https://t.co/5Z80YzzMhb
A look ahead at tomorrow morning's reports with expected moves. $JPM $WFC $C $BLK $PGR https://t.co/xdY2yPlYkS
Bank's earnings start trickling in tomorrow: $JPM $BAC $C $WFC https://t.co/CLuIDEom68
Top Earnings Th 4/11 Aft: $AGX $APLD . Top Earnings Fri 4/12 Pre: $BLK $C $JPM $PGR $STT $WFC
JPMorgan Chase CEO Jamie Dimon used his latest shareholder letter to sound off on a number of topics — from banking and AI to global economic risks and geopolitical concerns to management lessons and ways to strengthen the country. https://t.co/eD5QqEYehy https://t.co/fyOKHmOTDh
Speaking of earnings, Friday morning is $JPM $WFC and $C. A look at current expected moves and the importance of those prints to the market's next move perhaps: https://t.co/ZqDd721uj4 https://t.co/x2EMgWkadz