JPMorgan Stock Rises as Q3 Earnings Handily Beat Estimates

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 ...