Banks signal steady credit quality heading into rate cuts
Net interest income guidance held, with charge-offs normalising rather than deteriorating, executives said.
JPMorgan Chase & Co.
$248.66+0.31%
$248.66+0.31%
JPMorgan Chase is a global financial services firm operating consumer banking, corporate and investment banking, commercial banking and asset and wealth management.
JPMorgan Chase is a global financial services firm operating consumer banking, corporate and investment banking, commercial banking and asset and wealth management.
The interesting part of this print isn't the top line, it's that gross margin held while mix shifted toward the lower-margin segment.