The three major U.S. banks set another record for net interest income in the third quarter
2026-10-14 00:02:15
According to CoinMeta, JPMorgan Chase, Citigroup, and Wells Fargo announced on Tuesday that their net interest income for the third fiscal quarter totaled $56.5 billion, setting a new high for the fifth consecutive quarter. JPMorgan Chase expects net interest income to rise further in 2027. Despite geopolitical uncertainties such as the wars in Ukraine and the Middle East, as well as stubborn inflation and high oil prices, these banks remain cautious.
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