JPMorgan Chase & Co. (NYSE: JPM) reported third quarter 2023 earnings results today. Reported net revenue increased 22% year-over-year to $39.8 billion. Managed net revenue rose 21% to $40.7 billion. Net income grew 35% to $13.2 billion while EPS rose 39% to $4.33 compared to last year. Both revenue and earnings beat expectations. Average loans […]
“JPMorgan Chase & Co. (NYSE: JPM) reported third quarter 2023 earnings results today. Reported net revenue increased 22% year-over-year to $39.8 billion. Managed net revenue rose 21% to $40.7 billion. Net income grew 35% to $13.2 billion while EPS rose 39% to $4.33 compared to last year. Both revenue and earnings beat expectations. Average loans […]
· October 13, 2023
JPMorgan Chase & Co. (NYSE: JPM) reported third quarter 2023 earnings results today.
Reported net revenue increased 22% year-over-year to $39.8 billion. Managed net revenue rose 21% to $40.7 billion.
Net income grew 35% to $13.2 billion while EPS rose 39% to $4.33 compared to last year.
Both revenue and earnings beat expectations.
Average loans were up 17% while average deposits were down 4% in the quarter.
The stock was up slightly in premarket hours on Friday.
