USSTOCK.TODAY
Regular Market
Log in Sign up

JPMorgan Q3 profit up 6%, revenue and EPS miss market expectations

MarketWatch +1 ·

JPM JPMorgan Chase & Co
$334.30 +0.39%
View chart & analysis →
  1. 1JPMorgan Chase announced a 6% increase in third-quarter profit.
  2. 2JPMorgan recorded a profit of $15.31 billion and earnings per share of $5.57 for the three months ended September 30.
  3. 3Chairman and CEO Jamie Dimon said the US economy continues to benefit from strong business investment and consumer spending, but some economic risks remain.

So what's the key point?

JPMorgan's third-quarter profit grew by 6%. However, revenue and earnings per share were lower than what experts expected.

Source MarketWatch +1 · View original ↗

Related 3-line summaries

Three Major US Banks Announce Q3 Results: Continued Consumption and Loan Growth Amid High Interest Rates MarketWatch +2 · 32m agoMajor Wall Street Banks Face Slowdown in Investment Banking and Trading Activity Amid Market Turmoil Reuters · 47m agoMajor US Banks See Third-Quarter Profit Growth Amid Interest Rate and Inflation Warnings The New York Times +3 · 1h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news