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 ...

The market expects JPMorgan Chase & Co. (JPM) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to b ...

JPMorgan (JPM) is scheduled to kick-start third-quarter 2024 earnings on Oct. 11. The largest American bank’s earnings draw a lot of attention because of its presence in almost all the finance sector businesses. This, thus, offers insight into how the quarterly performance of other banks is likely to be.JPMorgan’s close peers – Bank of America (BAC) and Citigroup (C) are slated to announce their quarterly numbers on Oct. 15. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.JPM’s seco ...

Continuing with its efforts to boost reach in the $1.7-trillion private credit markets, JPMorgan (JPM) has agreed to partner with Cliffwater, FS Investments and Shenkman Capital Management Inc. The news was reported by Bloomberg first, citing people with knowledge of the matter.Now, JPM will originate loans and invest in them alongside the direct lenders, who can only decline to participate in a handful of transactions over a pre-determined period.JPM’s Continued Efforts to Tap Into Private Credit MarketGiv ...

After more than two years of drought, investment banking (IB) seems to have recovered. Investors got the first official glimpse at how the IB business has been playing out across the industry on Wednesday, Sept. 25, when Jefferies (JEF) announced its quarterly results. This global investment bank posted IB revenues of $949 million for the third quarter of fiscal 2024, which surged 47% year over year. This was driven by robust advisory and underwriting businesses.Now, we are waiting for results from other ma ...

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>Here are the key points:Estimates for 2024 Q3 have come down since the start of the period, with the magnitude of estimate cuts significantly bigger than what we had seen in the comparable periods of the year's first two quarters. This negative shift in the revisions trend reverses the prior ...