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Tag: loan loss

Activity, Corporate Banking

JPMorgan beats analysts’ profit estimates as the bank sets aside less for loan losses

October 13, 2020

Via: CNBC

JPMorgan Chase on Tuesday posted earnings that beat analysts’ estimates for the top and bottom lines. The lender’s shares dipped slightly after rising 1.5% in premarket trading. The bank posted third-quarter profit of $9.44 billion, or $2.92 per share, exceeding […]