JPMorgan raises annual forecast for net interest income to $53 billion

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Stock Markets 51 minutes ago (Feb 18, 2022 09:01AM ET)

JPMorgan raises annual forecast for net interest income to $53 billion © Reuters. FILE PHOTO: A sign outside JP Morgan Chase Co. offices is seen in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid/File Photo

(Reuters) - JPMorgan Chase Co (NYSE:) expects its net interest income to grow to $53 billion in 2022, up nearly $3 billion from its prior forecast, Chief Financial Officer Jeremy Barnum said on Friday at a conference hosted by Credit Suisse (SIX:).

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