JPMorgan (NYSE:JPM) Raises Net Interest Income Guidance to $84 Billion to Reflect $3 Billion Bump From Takeover of First Republic Bank

JPMorgan Chase & Co. (NYSE:JPM) raised its net interest income guidance on Monday by $3 billion to reflect the bump it will get from its takeover of First Republic Bank. The bank is now expecting its 2023 net interest income to come to $84 billion, up from $81 billion forecast in April. It offered the guidance at an investor day.

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