JoeDunckley Investment Thesis JPMorgan's (NYSE:JPM) strong performance this year has been largely driven by the company's strong net interest income. The banking giant has largely outperformed initial earnings expectations, and this has helped power the stock higher. Their net interest income has been supported by a highly favorable interest rate environment, where higher rates have allowed them to capitalize on their strong lending activities. Higher rates have been a critical driver for the bank to post s ...