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US Big Bank Q3 Earnings Release: JPMorgan Chase and Bank of America Miss Expectations

Reuters ·

JPM JPMorgan Chase & Co
$335.28 +1.16%
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  1. 1JPMorgan Chase missed profit estimates for the first time since the fourth quarter of 2023.
  2. 2Bank of America fell short of market expectations.
  3. 3Bank of America recorded $1.2 billion in fees for the third quarter.

So what's the key point?

JPMorgan Chase and Bank of America reported lower earnings than experts expected. Bank of America earned $1.2 billion in fees but did not meet expectations.

Source Reuters · View original ↗

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