JPMorgan Chase & Co. (NYSE: JPM) reported second quarter 2024 earnings results today.
Reported revenue increased 22% year-over-year to $50.2 billion. Managed revenue rose 20% to $51 billion.
Net income grew 25% to $18.1 billion while EPS rose 29% to $6.12. Adjusted EPS was $4.40.
Revenue and earnings beat estimates.
Average loans were up 6% whereas average deposits were down 1% YoY.
The stock stayed red in premarket hours on Friday.