earnings
JPMorgan’s Record $21.2bn Quarter Says the Deal Cycle Is Back Before Rates Come Down
JPMorgan posted a record $21.2bn quarterly profit as investment-banking fees, equity trading and loan growth all strengthened.
JPMorgan opens US earnings season each quarter, and its net-interest-income guidance is the market's first read on the rate cycle's effect on bank profits. Founded in 1799 and headquartered in New York, New York, JPMorgan Chase & Co. employs approximately 317,000 people.
JPMorgan posted a record $21.2bn quarterly profit as investment-banking fees, equity trading and loan growth all strengthened.