Tag: JPMorgan revenue

Activity, Investment Banking

JPMorgan beats profit estimates on better-than-expected credit, record trading revenue

January 15, 2021


JPMorgan 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

JPMorgan shares jump after record trading revenue drives stronger-than-expected second quarter profit

July 14, 2020


JPMorgan 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 […]