JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects

Here’s what Wall Street expects:

• Earnings: $5.45 a share, according to LSEG
• Revenue: $49.17 billion, according to LSEG
• Provision for credit losses: $3.03 billion, according to StreetAccount
• Trading Revenue: Fixed income of $6.71 billion, equities of $4.58 billion, according to StreetAccount

JPMorgan will give investors a view into how consumers and corporations fared at the start of this year as a trio of concerns weighed on markets.

Banks have enjoyed tailwinds for the past few quarters, from a rebound in investment banking and trading activity to stable consumer credit.

This year, though, markets have been roiled by concerns over disruption from the latest artificial intelligence models, the risks posed by private credit and the Iran war that began in late February.

Analysts will be keen to hear what JPMorgan CEO Jamie Dimon has to say about his outlook for loan defaults, as well as any concerns he might have about the credit cycle and geopolitical risks created by the war in the Middle East.  

Goldman Sachs, a rival to JPMorgan when it comes to trading and investment banking, on Monday posted first-quarter results that topped expectations on record equities trading revenue.

Citigroup and Wells Fargo are out with their results Tuesday, while Bank of America and Morgan Stanley will report on Wednesday.

This story is developing. Please check back for updates.