NEW YORK—JPMorgan Chase & Co.’s net interest income would rise by $3 billion this year due to its purchase of failed First Republic Bank, according to a presentation published ahead of its investor day on Monday.
The largest U.S. lender agreed to take into its books $173 billion of the failed bank’s loans, $30 billion of securities and $92 billion of deposits after First Republic was shuttered by authorities earlier this month.
