NEW YORK (AP) — Wall Street had one of its most profitable quarters ever, if the earnings from four of nation’s biggest banks that reported Tuesday are to be believed; as banks were helped by a flurry of deal making, soaring stock prices and a global economy that remains resilient despite tariffs and geopolitical upheaval. Despite the strong earnings from JPMorgan Chase, Citigroup, Wells Fargo and Goldman Sachs, bank executives expressed various degrees of caution about the markets and the economy, includ ...

美股周二早盘，摩根大通（JPM）下跌1.5%，此前该公司公布第三季度业绩：GAAP每股收益5.07美 元，超预期0.26美元；营收471亿美元，较预期高出15.3亿美元。尽管计提了34亿美元信贷损失拨备，该 行营收仍实现10.4%的同比增长。 来源：视频滚动新闻 ...

JPMorgan Chase has unveiled a major Security and Resiliency Initiative, pledging up to $1.5tn over the next decade to facilitate, finance and invest in industries considered critical to national economic security. The initiative aims to address urgent requirements in important sectors, from critical minerals to “frontier” technologies, and fortify US supply chains that have been exposed by geopolitical risks and over-reliance on foreign sources. The investment bank had already planned to facilitate and f ...

Core Insights - JPMorgan's third-quarter 2025 earnings reached $5.07 per share, exceeding the Zacks Consensus Estimate of $4.83, driven by strong trading and investment banking performance [1][10] Revenue Performance - Markets revenues increased by 25% to $8.9 billion, surpassing management's expectations of high-teens growth [2] - Fixed-income markets revenues rose 21% to $5.6 billion, while equity markets revenues surged 33% to $3.3 billion [2] - Total net revenues were reported at $46.43 billion, a 9% year-over-year increase, exceeding the Zacks Consensus Estimate of $44.86 billion [6] Investment Banking (IB) Performance - IB fees increased by 16% year-over-year to $2.63 billion, with advisory fees up 9% and debt underwriting fees growing 53% [3] - Equity underwriting fees also saw a 9% increase, outperforming management's low double-digit growth projection [3] Net Interest Income (NII) and Loan Growth - NII rose 2% year-over-year to $23.97 billion, with management raising the 2025 NII guidance to $95.8 billion from $95.5 billion [4][6][10] - Total loans increased by 7% year-over-year, contributing to the rise in NII [4] Consumer & Community Banking (CCB) Metrics - CCB average loan balances grew by 1% year-over-year, while debit and credit card sales volume increased by 9% [5] - Mortgage fees and related income fell by 5% to $383 million, below the projected $313.2 million [5] Expense Management - Non-interest expenses rose 8% year-over-year to $24.28 billion, primarily due to higher compensation and marketing costs [7] - Adjusted non-interest expense guidance for the year was raised to $95.9 billion from $95.5 billion [5] Credit Quality and Provisions - Provision for credit losses increased by 9% year-over-year to $3.4 billion, exceeding the estimate of $2.64 billion [9] - Net charge-offs jumped 24% to $2.59 billion, and non-performing assets surged 23% to $10.64 billion [11] Capital Position - Tier 1 capital ratio was estimated at 15.8%, down from 16.4% year-over-year, while the total capital ratio was 17.7% compared to 18.2% a year ago [12] - Book value per share increased to $124.96 from $115.15 year-over-year [12] Share Repurchase Activity - During the quarter, JPMorgan repurchased 28 million shares for $8.32 billion [13]

Market Overview - Wall Street stocks experienced a decline due to resurfacing trade tensions with China, with the S&P 500 falling by 1%, the Dow Jones Industrial Average dropping 383 points (0.8%), and the Nasdaq composite decreasing by 1.5% [4][6] - The recent volatility in the market follows Wall Street's worst day since April and a rebound that was the best day since May, indicating shifting investor sentiment regarding US-China trade relations [4][6] Trade Relations Impact - The downturn was influenced by China's Commerce Ministry barring Chinese companies from dealing with five subsidiaries of South Korean shipbuilder Hanwha Ocean, which is perceived as a counteraction to US efforts to bolster its shipbuilding industry [4][6] - Both the US and China have imposed new port fees on each other's vessels, effective Tuesday, which adds to the ongoing trade conflict between the two largest economies in the world [4][6] Economic Indicators - The US economy has so far avoided significant negative impacts from changing tariff policies, but analysts caution that a cycle of retaliatory tariffs could result in companies passing increased costs onto consumers [4][6] - The ongoing US government shutdown has halted regular economic updates on inflation, spending, and employment, leading investors to focus on corporate earnings for insights [6] Company Performance - JPMorgan Chase's stock fell by 3.8% despite surpassing profit forecasts for its latest quarter, while Wells Fargo's stock rose by 3.5% after exceeding analysts' expectations [5][6] - Johnson & Johnson's stock decreased by 1.8% following the announcement of plans to spin off its orthopedics business into a standalone company [5][6] Treasury Yields - Treasury yields remained stable, with the 10-year yield slightly easing to 4.04% from 4.05% on the previous Friday [5][6]

JPMorgan Chase & Co. (JPM) reported $46.43 billion in revenue for the quarter ended September 2025, representing a year-over-year increase of 8.9%. EPS of $5.07 for the same period compares to $4.37 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $44.86 billion, representing a surprise of +3.51%. The company delivered an EPS surprise of +4.97%, with the consensus EPS estimate being $4.83.While investors closely watch year-over-year changes in headline numbers -- revenue and earni ...

Group 1: Earnings Reports - J.P. Morgan Chase raised its full-year net interest income guidance and introduced guidance for 2026, with strong Q3 earnings across all business lines, particularly in Markets and Asset & Wealth Management [4][5] - Goldman Sachs exceeded Q3 forecasts due to strong investment banking and wealth management performance, although its stock faced pressure from higher-than-expected quarterly expenses [5] - Wells Fargo reported strong results as the first earnings since the Fed lifted its asset cap, and named CEO Charlie Scharf as chairman [6] Group 2: Corporate Developments - Johnson & Johnson surpassed Q3 forecasts and raised its full-year sales outlook, planning to separate its orthopedics division to become a more agile pharma-focused investment [6] - Domino's Pizza exceeded Q3 estimates, driven by strong supply chain revenues and increased U.S. franchise royalties and fees [6] - Albertsons' investments in digital business, pharmacy, and membership programs paid off, with an updated profit forecast of $2.06 to $2.19 per share [7] Group 3: Technology and Market Trends - Oracle plans to deploy 50,000 AMD graphics processors starting in the second half of 2026, reflecting a trend of cloud providers adopting AMD GPUs for AI workloads [8] - U.S. citizens are increasingly applying for golden visas, with applications from U.S. nationals up 67% compared to the total for 2024, indicating a strategy of geopolitical arbitrage [9] Group 4: Market Insights - The U.S. passport has dropped out of the top 20 of the Henley Passport Index for the first time in 20 years, highlighting a shift in global mobility perceptions [10] - HSBC's equity team has identified 10 stock ideas with resilient fundamentals and favorable market trends, including targets for 3M at $175, Meta at $905, Oracle at $371, and United Airlines at $116 [10]

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures falling as tensions escalate between the US and China. China retaliating against President Trump's threats by sanctioning the US units of a South Korean shipping giant that has spurred risk off sentiment across financial markets. Investors flocking to bonds while crypto assets are plunging.Plus, investors are also watching big bank earnings results fro ...

LIVE Bank of America Profit Soars 23%, Continuing Sector's Strong Start to Earnings Season Last Updated: 1 day ago Results Were Strong. Bank Stocks Are Still Getting Hit Hard. By Andrew Welsch Bank stocks fell Tuesday morning even as some of the nation's largest banks reported strong third-quarter earnings. The KBW Bank Index was down 0.7% compared with a 1.1% decline for the S&P 500. JPMorgan Chase and Goldman Sachs were among those hardest hit, with shares down 3.8% and 5.3%, respectively. Both companies ...

JPMorgan Chase raised its full-year forecast for net interest income on Tuesday, after strong performance in its trading and investment banking businesses helped it beat expectations for third-quarter profit. Economic resilience despite tariff war risks and hopes of U.S. interest rate cuts have prompted companies to strike big deals and consider stock offerings, lifting investment banking business across Wall Street, with dealmakers expecting an even stronger 2026."While there have been some signs of a soft ...