As the JPMorgan (JPM) earnings conference call begins (webcast here, presentation here), shares...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

As the JPMorgan (JPM) earnings conference call begins (webcast here, presentation here), shares have given back their premarket pop following the headline beat (though they are up 22% over the last 90 days). Banks are in the business of making loans and earning a spread, yes? Total loans and net interest margin both declined over the quarter.