JPMorgan ChaseThursday’s opening bell is set for Friday when the fourth-quarter results will be reported.

Here are the expectations of Wall Street:

• Refinitiv reports that earnings are $3.01 per shares, 21% below a year prior.
• Revenues: $29.9 Billion, which is 0.9% less than the previous year.
• FactSet: Net interest income of $13.45 Billion
• Trade Revenue: Fixed Income $3.40 Billion, Equities 2 billion
• 3.22 Billion in Investment Banking Fees

JPMorgan Chase will be the first bank major to announce fourth-quarter earnings. We’ll closely monitor for any signs of a expected recovery in lending.

The government stimulus programs that were implemented during the pandemic caused consumers and companies to be flush. This resulted in stagnant loan growth, which then prompted CEOs to take action. Jamie DimonLast year, loan growth was said to have been “challenged.”

However, analysts expect a rebound in fourth quarter due to demand from corporates and borrowers of credit cards. JPMorgan’s earnings will be a key indicator of industry profitability. This is due to the expected Federal Reserve rate increases and JPMorgan.

Analysts might also want to ask JPMorgan about the effects of the recent bank decision to reduce overdraft fees. JPMorgan saidIt announced last month it would allow customers to opt out of punitive fees for a period of grace. The move, along with other changes, will cause a decline in revenue.

Daniel Pinto was the chief operating officer at JPMorgan. He stated that revenue from fourth-quarter trading would be a key driver for the company. 10% dropThis was due to a drop in fixed income activity, which has fallen from its record highs. He stated that an anticipated 35% rise in investment banking fees would offset this.

The bank had to make a payment $200 millionLast month, the company was fined for allowing its Wall Street division to allow workers to bypass record-keeping laws by using messaging apps.  

JPMorgan’s shares rose 6.2% this year, lagging 11.6% growth in the KBW Bank Index.  

This is a developing story. Keep checking back for more updates.