As U.S. bank profits drop, focus shifts to interest income outlook

As U.S. banking giants prepare to report slightly lower first-quarter profits, investors will focus on how much more income executives expect from interest payments this year. JPMorgan Chase JPM-N is likely to post a 4 per cent drop in earnings per share (EPS) from the year-ago quarter on Friday,…#jpmorganchasejpmn #eps #citigroupcn #wellsfargowfcn #goldmansachsgsn #bankofamericabacn #morganstanleymsn #nii #kennethleon #cfraresearch
Source: Reuters: Health - Category: Consumer Health News Source Type: news