REUTERS: JPMorgan Chase & Co posted a better-than-expected quarterly profit on Friday, easing fears that slowing economic growth could weigh on its results.
The bank's net interest margin, a key measure of loan profitability, edged up only 0.02 percent point from the fourth quarter, a slower pace of improvement than in the two previous quarters. Investors will be listening closely to what bank executives say about changes in their outlooks for interest margins in coming quarters, analyst Brian Kleinhanzl of Keefe, Bruyette & Woods wrote in a note ahead of the results.There are other warning signs.
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