Wells Fargo, Net Interest Income and Slight Miss
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JPMorgan Chase raised its net interest income forecast for 2025 after strong results in investment banking and trading helped it surpass profit expectations for the second quarter. "The U.S. economy remained resilient,
The Bank of New York Mellon Corporation (BK) Q2 2025 Management View Robin Antony Vince, CEO, highlighted a quarter marked by strong performance, stating, "Earnings per share of $1.93 were up 27% year-over-year on a reported basis and up 28% excluding notable items.
Bank of New York Mellon logged higher-than-expected earnings and revenue in the second quarter, helped by its fast-growing net interest income.
Wells Fargo beat Q2 earnings estimates with $1.60 EPS, lifted by strong fee income, while net interest income declined and guidance was lowered.
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JPMorgan Chase boosts its net interest income forecast for 2025 following robust results in investment banking and trading. Despite economic risks, the U.S. economy shows resilience. The bank highlights consumer strength and explores inorganic growth opportunities while maintaining a strong balance sheet amidst regulatory reforms and fiscal challenges.
The non-banking finance company's first ever quarterly earnings release post its recent listing on Indian stock exchanges
JPMorgan Chase faces headwinds from declining net interest income due to lower rates and increased external borrowing. Learn more about JPM stock here.
Bank expects about US$95.5-billion of net interest income compared with earlier estimate of nearly $94.5 billion
Net Interest Income (NII) is expected to increase by 2.8 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 13,829.8 crore, according to Prabhudas Lilladher.