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Results from 'Magnificent Seven' duo show cloud revenue boosted by strong AI demand

What Could Drive JPMorgan Chase’s Growth in 1Q18?

Robert Karr
Updated
What Could Drive JPMorgan Chase’s Growth in 1Q18?

JPMorgan Chase (JPM) is expected to post a strong operating performance in 1Q18 backed by growth in core banking, investment banking, and trading activity. The bank is expected to post earnings per share (or EPS) of $2.26 in 1Q18, an increase of 37% on a YoY (year-over-year) basis helped by lower taxes and expense management. It’s expected to grow its top line by 7.7% to $27.6 billion due to higher interest income and investment banking and asset management fees.

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