.Daniel Pinto, JPMorgan's ceo of business and expenditure banking company. Simon Dawson|Bloomberg|Getty ImagesJPMorgan Pursuit shares fell 7% Tuesday after the bank's president told experts that assumptions for net rate of interest profit were actually also optimistic.The existing estimate for NII-- some of the main manner ins which financial institutions generate income-- of $89.5 billion is too expensive given expectations for interest rates, JPMorgan head of state Daniel Pinto predicted a target market at an economic conference.The number "will be reduced," he said.The relocation was the New York-based banking company's worst drop since June 2020, according to FactSet.This story is actually creating. Please examine back for updates.