profit climbed in the first quarter as higher interest rates boosted its consumer business and the biggest U.S. lender remained resilient through the banking crisis in March.
Shares of JPMorgan rose 5% in premarket trading after the lender reported a 52% increase in profit to $12.62 billion, or $4.10 per share, in the three months ended Mar. 31. "The storm clouds that we have been monitoring for the past year remain on the horizon, and the banking industry turmoil adds to these risks."
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expectsThe biggest U.S. bank by assets will be watched closely for clues on how the industry fared after the collapse of Silicon Valley Bank and Signature Bank.
और पढो »
JPMorgan Chase stock shifts into rally mode after it blasts past earnings and revenue estimatesJPMorgan Chase & Co. stock jumped 6% on Friday after the megabank beat analyst estimates for first-quarter profit and revenue. The U.S.’s largest bank said... but i bet they cut bonuses citing weak growth like the scum bags they are
और पढो »