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JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects



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Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global High Yield and Leveraged Finance Conference in Miami, Florida, US, on Monday, March 6, 2023.Marco Bello | Bloomberg | Getty ImagesJPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday.Here’s what Wall Street expects:Earnings: $3.41 per share, 29.7% higher than a year earlier, according to Refinitiv.Revenue: $36.24 billion, 14.7% higher than a year earlier.Deposits: $2.31 trillion, according to StreetAccount.Provision for credit losses: $2.27 billion.Trading Revenue: Fixed income $5.29 billion, Equities $2.86 billion.related investing news 10 hours agoJPMorgan, the biggest U.S. bank by assets, will be watched closely for clues on how the industry fared after the collapse of two regional lenders last month.Analysts expect a mixed bag of conflicting trends. For instance, JPMorgan likely benefited from an influx of deposits after Silicon Valley Bank and Signature Bank experienced fatal bank runs.But the industry has been forced to pay up for deposits as customers shift holdings into higher-yielding instruments like money market funds. That will probably curb banks’ gains from rising interest rates amid the Federal Reserve’s efforts to tame inflation.Th …

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