J.P. Morgan tops earnings estimates, stock climbs

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JPMorgan Chase & Co. on Friday said its profit increased as the bank continued to benefit from a relatively strong economy

JPMorgan Chase & Co. on Friday said its profit increased as the bank continued to benefit from a relatively strong economy.

The nation's largest bank by assets reported a profit of $9.18 billion, or $2.65 a share. Revenue rose to $29.12 billion from $27.91 billion a year ago.Shares rose 2% in premarket trading after the results were announced. The bank said its net interest income, the amount it makes on lending minus what it pays out on deposits, rose 9% to $14.45 billion.

 

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Which means good ol' Jamie Dimon has more to spend on cryptocurrency, right? (Anyone?!)

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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