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Tag: JPMorgan Chase Q1 profit

Activity, Corporate Banking

JPMorgan Chase sees 42% drop in Q1 profit

April 13, 2022

Via: Banking Dive

Double-digit percentage-point declines littered the first-quarter earnings report for the nation’s largest bank Wednesday. Rising interest rates sent home loan originations down 37% and auto loan originations down 25%. That contributed to a 57% drop in profit in JPMorgan’s consumer […]