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JPMorgan Stock Rises as Q3 Earnings Handily Beat Estimates
JPMJP MORGAN CHASE(JPM) Investopedia·2024-10-11 11:50

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 42.65billion,wellabovethe42.65 billion, well above the 39.87 billion it reported a year ago and the 40.85billionconsensusestimateofanalystscompiledbyVisibleAlpha.Reportednetinterestincome(NII)roseto40.85 billion consensus estimate of analysts compiled by Visible Alpha. Reported net interest income (NII) rose to 23.41 billion from 22.73billion.Profitfellslightlyto22.73 billion. Profit fell slightly to 12.9 billion fr ...