Published

JPMorgan Chase tops estimates for profit and revenue on better-than-expected interest income

  • JPMorgan Chase reported a net income of $12.9 billion, down from $13.2 billion, but earnings per share rose to $4.37, beating forecasts of $3.99.
  • Net interest income increased by 3% to $23.5 billion, exceeding estimates of $22.9 billion.
  • Total revenues for JPMorgan Chase rose to $43.3 billion from $40.7 billion a year ago.
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