Add as a preferred source on GoogleJPMorgan Sets $107 Billion 2027 NII Case as Buybacks Ease
Chief Financial Officer Jeremy Barnum described the outlook as a central case based on highly uncertain assumptions. Third-quarter net income reached $15.3 billion.
JPMorgan Chase expects net interest income excluding Markets to reach approximately $107 billion in 2027, while outlining a more restrained approach to share repurchases.
Chief Financial Officer Jeremy Barnum described the figure as a central case based on assumptions that are highly uncertain. The outlook reflects the bank’s current expectations but remains subject to changing conditions.
JPMorgan Chase reported third-quarter net income of $15.3 billion, or $5.57 per share. The results included $658 million in net investment securities losses in Corporate.
The bank’s 2027 projection comes as it balances capital deployment with its broader business priorities. Its approach includes maintaining flexibility around buybacks while continuing to assess the outlook for net interest income excluding Markets.
The $107 billion figure is the bank’s current central case for 2027 and may change as its assumptions develop.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.