NEW YORK, Feb 23 (Reuters) - JPMorgan Chase ( JPM ) on

Monday ​maintained its forecast ‌for annual adjusted ⁠expenses at

$105 billion ⁠and said its ‌target ‌for return on tangible ​common

equity ‌was 17%.

"We remain confident in ​achieving our ​longer-term

ambitions," ‌the largest U.S. bank said in ⁠a presentation to

investors.

Return ⁠on tangible common equity is a key ⁠profitability

metric ‌that measures how ‌much income ⁠a bank generates from the

capital that shareholders have invested in its core ​business.

(Reporting by Lananh Nguyen in New ​York and ‌Manya Saini ​in

Bengaluru)