jamie dimon chairman and chief executive officer of jpmorgan chase  co during a bloomberg television interview at the jpmorgan global high yield and leveraged finance conference in miami florida us on monday march 6 2023 jpmorgan chase raised a key performance target on the heels of its governmentbrokered takeover of first republic earlier this month the bank will generate about 84 billion in net interest income this year the new yorkbased bank said monday in slides for an allday investor presentation thats 3 billion higher than guidance given in april at the time jpmorgan raised its net interest income outlook by 7 billion a move that spurred jpmorgans biggest earningsday stock bump in 20 years the bank added that sources of uncertainty around deposits and the economy could impact its forecast net interest income is the difference between what banks earn from loans and investments and what they pay to depositors jpmorgan the biggest us bank by assets has emerged as a beneficiary of the recent regional banking tumult it was one of the only banks to see deposits climb in the first quarter as panicked customers sought safety at big institutions then it won a weekend auction for first republic a move expected to boost earnings and advance its push for wealthy clients the bank on monday also disclosed expectations that expenses would rise to 845 billion unchanged from previous guidance excluding 35 billion in costs to integrate first republic longtime jpmorgan ceo jamie dimon is expected to speak in a questionandanswer session at the investor day this afternoon he will likely be asked about the us debt ceiling negotiations as well as succession planning after rival ceo james gorman of morgan stanley last week announced his plans to step down within a year this story is developing please check back for updates