Expectation is very high. Let's see whether they can deliver. The bomb-shell by Soc Gen was not expected..
JPMorgan Earnings May Have Tripled on Investment-Banking Fees By Elizabeth Hester
Jan. 14 (Bloomberg) -- JPMorgan Chase & Co., the first of the largest U.S. banks to report fourth-quarter results, may say profit more than tripled from the depths of the financial crisis in 2008 on a rebound in investment-banking fees.
Earnings at the New York-based company, which plans to report results tomorrow, were probably about $2.57 billion, or 60 cents a share, according to the average estimate of 22 analysts surveyed by Bloomberg. That compares with net income of $702 million, or 7 cents, in the fourth quarter of 2008.
Chief Executive Officer Jamie Dimon, who never posted a loss during the financial crisis, is offsetting declines in mortgage banking and credit cards with income from underwriting stocks and bonds. His success in weathering the global credit contraction may allow JPMorgan to restore its dividend to pre- crisis levels before other major banks.
http://www.bloomberg.com/apps/news?pid= ... RHaX6b8tWY