MM120: J.P. Morgan, Citi, Wells Fargo & BlackRock earnings explained!
Market Maker
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The Fed's Interest Rate Hiking Cycle
This is the fifth straight quarter of double digit growth on that net interest income figure. So this spread is obviously massive, and it's resulted in really, really strong performance across all the banks. But if we're JP Morgan, one other stat, as an example, was that low, sorry, their deposits increased by 1% on the quarter to $2.4 trillion.
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