JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Holding $172,280,000,000 in Unrealized Losses As Bank Bond Portfolios Remain Underwater: S&P Global
1. JPM has $22.91 billion in unrealized HTM securities losses. 2. High interest rates are impacting the value of bonds held by JPM. 3. JPM's HTM securities declined by 20.8% year-over-year. 4. Overall, banks hold $172.28 billion in unrealized losses in total. 5. Pressure on net interest margins is affecting major banks, including JPM.