Alexander Saeedy

Investors are on the lookout for more signs of trouble lurking in the U.S. financial system. Losses from commercial real estate and bond portfolios are mounting, and bank stocks have lagged behind the broader market rally. “Fear of rates, recession and regulation have overtaken the reality of performance for bank stocks,” said Mike Mayo, the influential Wells Fargo analyst.

The bank projected muted growth for the rest of the year, reflecting pressure on banks’ lending businesses from higher interest rates.

JPMorgan Chase's first-quarter earnings rose 6%, but the bank projected muted growth for the rest of the year. Its shares (JPM) were down 2.7% in recent premarket trading. + Net interest income, the difference between what it earns on loans and securities minus what it pays depositors, rose 11% to $23.08 billion.

JPMorgan Chase first-quarter earnings rose 6%, but the bank said Friday that higher interest rates are starting to dent its business and projected muted growth for the rest of the year. JPMorgan’s earnings from lending jumped to $23.08 billion, up 11% from a year earlier. The bank projected its full-year net interest income, the difference between what it earns on loans and securities minus what it pays depositors, would be flat from last year, reflecting growing pressure on banks’ lending businesses from higher interest rates.

Jamie Dimon sold some $32 million of JPMorgan Chase stock on Monday, concluding the bank chief’s plans to sell 1 million shares this year. Dimon said last year that he planned to sell 1 million shares in JPMorgan Chase this year. Dimon’s sales mark the first time that he has sold shares in JPMorgan since he joined the bank twenty years ago.

Bank of America reported a 18% drop in first-quarter profit, the latest big lender to feel the squeeze of higher interest rates. Here’s a rundown of BofA's results, out this morning: + Net income fell to $6.67 billion, or $0.76 a share, in line with analysts' expectations. + BofA took a special charge of $700 million to pay the Federal Deposit Insurance Corp. over last year’s bank failures, on top of the $2.1 billion charge it booked last quarter.

Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected quarterly results thanks to a resilient economy, strong consumer spending and a flurry of Wall Street activity.

Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected earnings thanks to strong consumer spending and a flurry of Wall Street activity.

Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected earnings thanks to strong consumer spending and a flurry of Wall Street activity.

JPMorgan closes a branch and cuts ties with with what was once the heart of American finance.