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US : Finance Companies - Banking | JPM 4Q20 Call Takeaways; Continuing to Invest in Organic Growth Opportunities

    Contributors
    William J. Wallace IV
    David J. Long
    Michael Rose
    CGS-CIMB
    15 January 2021
    Published byCGS-CIMB

    Event: Below we provide key takeaways from the JPMorgan Chase & Co. earnings call this morning.The bank expects modest NII growth in 2021, accelerating throughout the year, with 4Q21 being above $14 billion. The steepening of the yield curve is beneficial, but management noted it will take loan