JPMorgan boosts profit outlook as CFO talks 'digital everything'

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JPMorgan (JPM) Lifts Return on Tangible Common Equity Forecast to 17%

February 27, 2018 7:26 AM EST

JPMorgan (NYSE: JPM) raised its target for return on tangible common equity to 17 percent from 15 percent ahead of its 2018 Investor Day. Further, the company said annual pretax net income could rise by up to 17.5 percent to $47 billion over a period of about three years.

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