JPMorgan Chase reports strong indicators with $50.2 billion in net revenue for Q3
JPM JPMorgan Chase & Co
$339.72 +1.25%
View chart & analysis → - 1As of October 15, JPMorgan Chase's bank stock price stood at $335.53.
- 2JPMorgan Chase's net revenue for the three months ended October 31 was $50.2 billion, an 8% increase from the previous year.
- 3JPMorgan Chase raised its net interest margin (excluding market) guidance by $700 million compared to three months ago.
So what's the key point?
JPMorgan Chase earned $50.2 billion over a three-month period, which is more than it earned last year. The company also raised its expected interest income forecast by $700 million.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.