.Daniel Pinto, JPMorgan's president of business and also assets bank. Simon Dawson|Bloomberg|Getty ImagesJPMorgan Chase shares dropped 7% Tuesday after the banking company's president predicted analysts that desires for web rate of interest profit were actually too optimistic.The current estimation for NII-- one of the main ways that banks generate income-- of $89.5 billion is actually too high provided expectations for rate of interest, JPMorgan president Daniel Pinto told a target market at a monetary conference.The number "will definitely be actually lower," he said.The move was the New York-based banking company's worst drop given that June 2020, depending on to FactSet.This story is creating. Satisfy check out back for updates.