Thomson Reuters
FILE PHOTO: JP Morgan CEO Jamie Dimon speaks at a Remain in the EU campaign event attended by Britain's Chancellor of the Exchequer George Osborne (not shown) at JP Morgan's corporate centre in Bournemouth
Wall Street estimates the firm will announce earnings of $1.645 per share on a GAAP basis, down from $1.83 the previous quarter.
Here's what else analysts are expecting:
- Revenues of $25.6 billion, down slightly from $25.76 billion in the second quarter.
- Net income of $5.9 billion on a GAAP basis, up from $6.55 billion in the second quarter.
- A hit to trading: Jamie Dimon said in September that trading revenues could drop 20%.
JPMorgan is kicking off the earnings cycle for US banks, which have for weeks been preparing investors for a blow to trading results.
Analysts are also expecting total loan growth to have stalled amid economic and political uncertainty.