JPMorgan Chase & Co (NYSE:JPM) took to the earnings confessional this morning, where it reported third-quarter earnings per shares of $4.37 on revenue of $43.32 billion, both of which beat Wall Street's expectations. Helping the banking giant's results was higher-than-expected interest income, as well as consistent record net income numbers since the Federal Reserve began its rate-hiking campaign in 2022.In response to the report, JPM was last seen 4% higher at $221.41. This bull gape puts the security with ...

JPMorgan Chase & Co. (JPM) came out with quarterly earnings of $4.37 per share, beating the Zacks Consensus Estimate of $4.02 per share. This compares to earnings of $4.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.71%. A quarter ago, it was expected that this company would post earnings of $4.19 per share when it actually produced earnings of $4.40, delivering a surprise of 5.01%.Over the last four quarters, the compan ...

JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. JPMorgan Chase CEO Jamie Dimon sees risks climbing around the world amid widening conflicts in the Middle East and with Russia's invasion of Ukraine showing no signs of abating. "We have been closely monitoring the geopolitical situation for some time, and recent events show that conditions are tr ...

JPMorgan reported third-quarter earnings on Friday that beat analysts' expectations.The banking giant increased revenue by 7% and earnings per share by 1%.CEO Jamie Dimon warned of a worsening global environment and lingering threats to the US economy. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed w ...

JPMorgan Chase (JPM) shares rose Friday morning after reporting revenue and net interest income growth in its third-quarter results Friday as big banks' earnings season gets under way. The world's largest bank by market cap posted revenue of $42.65 billion, well above the $39.87 billion it reported a year ago and the $40.85 billion consensus estimate of analysts compiled by Visible Alpha. Reported net interest income (NII) rose to $23.41 billion from $22.73 billion. Profit fell slightly to $12.9 billion fr ...

JP MORGAN CHASE & CO. 3Q24 Financial Results October 11, 2024 3Q24 Financial highlights | --- | --- | --- | |---------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------| | ROTCE 1 19% | CET1 capital ratios 2 Std. 15.3% \| Adv. 15.5% Total Loss-Absorbing Capacity 2 $544B | Std. RWA 3 $1.8T Ca ...

Exhibit 99.2 JPMORGAN CHASE & CO. EARNINGS RELEASE FINANCIAL SUPPLEMENT THIRD QUARTER 2024 JPMORGAN CHASE & CO. JPMORGAN CHASE & CO. | --- | --- | |------------------------------------------------------------------|---------| | TABLE OF CONTENTS | Page(s) | | Consolidated Results | | | Consolidated Financial Highlights | 2–3 | | Consolidated Statements of Income | 4 | | Consolidated Balance Sheets | 5 | | Condensed Average Balance Sheets and Annualized Yields | 6 | | Reconciliation from Reported to Managed ...

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom BrennerFalling interest rates are usually good news for banks, especially when the cuts aren't a harbinger of recession.That's because lower rates will slow the migration of money that's happened over the past two years as customers shifted cash out of checking accounts and into higher-yielding opti ...

subman Given the economic backdrop being faced by the banks, it’s hard to envision that the large-cap banks won’t have another decent quarter in Q3 ’24. It was surprising when compiling the weekly S&P 500 earnings update last week, to ...

JPMorgan (JPM) shares have lost roughly -7% of their value since the end of August when they reached their 52-week high. Wells Fargo (WFC) , which joins JPMorgan in kicking off the Q3 earnings season for the Finance sector on Friday, October 11th, is down only half that much in that period.The performance of these two bank stocks since August 30th contrasts the S&P 500 index, which gained +0.8% over that time window.The recent underperformance of JPMorgan and Wells Fargo shares notwithstanding, these two st ...