Big Banks Benefit from Higher Rates, But Warn of Struggling Borrowers

Big banks like JPMorgan, Citi, and Wells Fargo are seeing higher profits from rising interest rates. Their net interest income is up significantly.

But these banks are also seeing signs of struggle among consumers and small business borrowers. Loan losses are rising.

Regional banks like PNC are faring worse, with declining profits amid higher rates. They lack the scale of mega banks.

Bank CEOs are striking cautious tones about economic outlooks. JPMorgan's Jamie Dimon called it the "most dangerous time" in decades.

Higher rates help big banks, but may squeeze consumers and small business borrowers, especially if rates keep rising. Banks expect loan losses to increase.