The intense stock market trading in connection with the Iran war has benefited the major American banks. Just as sector peer Goldman Sachs reported surprisingly strong figures on Monday, JPMorgan Chase & Co. is now doing the same. The result was $11.6 billion in trading revenue, 20 percent higher than the same period last year.
At the same time, however, the bank has chosen to lower its net interest income forecast for full-year 2026, the amount the bank earns from the difference between deposit and lending rates, to approximately $103 billion. The previous forecast was $104.5 billion.
