JPMorgan Chase Fourth-quarter earnings are reported before the market opens Wednesday.

Here’s how what the company reported compared with what Wall Street analysts surveyed by London Stock Exchange Group expected:

• Earnings per share: $4.81, $4.11 expected
• Revenue: $43.74 billion, $41.73 billion expected

JPMorgan’s results will be closely watched for signs that industry optimism is well-founded.

The banking sector has several reasons to be bullish at the end of the year: Wall Street activity has picked up while Main Street consumers remain resilient, and Donald Trump’s election victory has raised hopes of loosening regulations.

JPMorgan Chase, the largest U.S. bank by assets, will benefit in several ways.

Last month, executives said investment banking revenue would gushing With growth of 45% in the fourth quarter, trading revenue will increase by approximately 15%.

Additionally, the bank said its latest forecast for 2025 net interest income was $2 billion higher than its previous guidance, leading analysts to speculate that fourth-quarter NII would also beat expectations.

When business is booming, analysts may ask the CEO Jamie Dimon In his second term as executive Daniel Pinto said he Step down He served as chief operating officer in June. Dimon said last year that he might step down as CEO within five years.

Another question is how the changing outlook for the Fed to cut interest rates will affect the bank’s overall business. While Fed officials expect two more rate cuts this year, economic indicators may lead them to pause.

Finally, analysts are likely to press JPMorgan on how the company plans to handle a potential windfall if it comes from Trump regulators. Milder Basel 3’s version of Endgame, as potential nominees support it. Dimon said last May that share buybacks would not occur because the stock very expensivebut they have only risen since then.

In addition to JPMorgan Chase, Goldman SachsWells Fargo and Citigroup Quarterly and full-year results will also be reported on Wednesday, while Bank of America and Morgan Stanley are due to report on Thursday.

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