Cart

0

Banking

“JPMorgan Chase tops profit expectations on higher rates, benign credit”

“…Here’s what the company reported:

  • Earnings: $4.33 a share
  • Revenue: $40.69 billion, vs. $39.63 billion LSEG estimate

The bank said profit surged 35% to $13.15 billion, or $4.33 a share, from a year earlier. That per-share figure includes 17 cents in securities losses and 22 cents in legal expenses. It wasn’t  immediately clear which items were included in LSEG’s $3.96 a share profit estimate…”

https://www.cnbc.com/2023/10/13/jpmorgan-chase-jpm-earnings-3q-2023.html

Leave a Reply