JPMorgan Chase's CEO said Friday that he doesn't plan to join the next presidential administration.Jamie Dimon said he expects to stay at JPMorgan "for a long period" rather than join the government.One way that Dimon might do that after stepping down as CEO is to stay on as chairman. 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 favorit ...

Pre-market futures are mixed ahead of the final trading session of the week. Major indexes are up, thanks to a robust day on the markets Wednesday, with the exception of the small-cap Russell 2000, which is down -1% from this time a week ago. The Dow is currently +20 points, the S&P 500 is flat and the Nasdaq is -35 points.PPI: Wholesale Inflation 0.0%, +1.8% Year over YearThe sister report to yesterday’s Consumer Price Index (CPI), which details retail pricing and inflation, is this morning’s Producer Pric ...

High interest rates and solid investment banking (IB) business performance drove JPMorgan’s (JPM) third-quarter 2024 earnings to $4.37 per share. The bottom line handily surpassed the Zacks Consensus Estimate of $4.02.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Behind JPMorgan’s Headline NumbersAs expected, the IB business witnessed a solid growth. Equity underwriting fees jumped 26% and debt underwriting fees grew 56%. Also, advisory fees rose 10%. Overall, total IB fees were u ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

For the quarter ended September 2024, JPMorgan Chase & Co. (JPM) reported revenue of $42.65 billion, up 7% over the same period last year. EPS came in at $4.37, compared to $4.33 in the year-ago quarter.The reported revenue represents a surprise of +3.87% over the Zacks Consensus Estimate of $41.06 billion. With the consensus EPS estimate being $4.02, the EPS surprise was +8.71%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...

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 ...