(Bloomberg) -- JPMorgan Chase & Co. said a Federal Reserve stress test of the bank’s strength in a hypothetical economic downturn was more optimistic on one key measure than the firm’s own projection.

Compared with the firm’s assessment, the Fed’s estimate for JPMorgan’s other comprehensive income in the scenario “appears to be too large,” the New York-based company said in a statement late Wednesday. “Should the firm’s analysis be correct, the resulting stress losses would be modestly higher than those disclosed by the Federal Reserve.”

It’s another example of the Fed and banks reaching different conclusions. Last year, Bank of America Corp. and Citigroup Inc. called out divergences in their results after the tests.

The central bank released stress-test results for 31 major banks earlier in the day, showing every lender in the exam would continue to meet minimum capital requirements during a theoretical recession. The findings pave the way for higher shareholder payouts, even as the industry awaits an overhauled proposal for new capital rules.

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