January 15, 2021
Via: CNBCJPMorgan Chase on Friday beat analysts’ estimates for fourth-quarter profit on record trading results and a boost from releasing money previously set aside for loan losses. The bank posted earnings of $3.79 a share, exceeding the $2.62 per share estimate […]
Activity, Corporate Banking, Trading
July 14, 2020
Via: CNBCJPMorgan Chase on Tuesday reported second-quarter profit that beat analysts’ expectations on record trading revenue bolstered by surging volatility and the Federal Reserve’s unprecedented actions to prop up credit markets. The bank posted earnings of $4.69 billion, or $1.38 a […]
April 14, 2020
Via: CNBCJPMorgan Chase on Tuesday posted first-quarter profit that was well below analysts’ expectations, although the bank’s revenue held up amid the coronavirus pandemic. The earnings drop was caused by a massive $6.8 billion addition to the bank’s credit reserves. The […]
October 12, 2018
Via: TheStreetJPMorgan Chase & Co. (JPM) , the largest U.S. bank, said third-quarter profit jumped 24% from a year earlier thanks to President Donald Trump’s tax cuts even as revenue in its juggernaut trading business slowed. Net income rose to $8.38 […]
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