In the first quarter of 2024, JPMorgan Chase's net profit was $13.419 billion, with a month on month and year-on-year increase of 44% and 6%, respectively. Excluding the impact of the acquisition of First Republic Bank in the second quarter of last year, the net profit increased by 1% year-on-year. After experiencing high performance growth, the US banking industry has begun to show signs of fatigue, with high interest rates leading to an increase in deposit costs, a decrease in loan numbers, a narrowing of interest rate spreads, or potential risks of future stock price declines.