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Published 18 days ago

JPMorgan Chase beats in first-quarter earnings as Dimon warns of ‘unsettling’ global landscape

  • Large banks are expected to outperform smaller ones this quarter, with high expectations for JPMorgan.
  • Analysts are looking for guidance on 2024 net interest income and CEO Jamie Dimon's insights on the economy and industry efforts.
  • Investment banking fees for the industry are up 11% from a year earlier, potentially helping this quarter.
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ReutersReuters

JPMorgan's profit rises on interest income strength

18 days ago·United Kingdom
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Associated Press NewsAssociated Press News

JPMorgan Again Warns Investors About "uncertain" Year Ahead. Big Banks Issue Mixed Profit Reports

JPMorgan Chase continued to warn investors Friday that it expects a “uncertain” year for markets and the global economy, citing stubbornly high inflation and ongoing geopolitical tensions.

18 days ago·United States
Read Full Article
abc Newsabc News

JPMorgan reports 6% rise in 1Q profits as bank earnings season begins. Wells Fargo profit falls

JPMorgan Chase reported a modest 6% rise in first quarter profits on Friday, as the major banks start reporting their quarter results for the first quarter

18 days ago·United States
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CNNCNN

JPMorgan Chase beats in first-quarter earnings as Dimon warns of ‘unsettling’ global landscape

JPMorgan Chase, the world’s largest bank by market capitalization, kicked off earnings season Friday with a beat, but also a warning.

18 days ago·Atlanta, United States
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KRDOKRDO

JPMorgan Chase beats in first-quarter earnings as Dimon warns of ‘unsettling’ global landscape

By Nicole Goodkind, CNN New York (CNN) — JPMorgan Chase, the largest bank in the United States, kicked off earnings season Friday with a beat, but also a warning. The bank’s first-quarter revenue increased by 9% from the year before, to $41.9 billion. That’s more than analysts surveyed by FactSet had expected. Earnings per share came in at $4.44, also higher than the $4.17 estimated by FactSet. Still, CEO Jamie Dimon warned investors that troubl…

18 days ago·Colorado Springs, United States
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CNBCCNBC

JPMorgan Chase tops expectations on trading results, lower-than-expected credit costs

JPMorgan Chase will be watched closely for clues on how banks fared at the start of the year.

18 days ago·United States
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