News Formal

JPMorgan profit surges 52% on robust consumer business

  • 📰 Reuters
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

JPMorgan Chase & Co's 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.

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."

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: CNBC - 🏆 12. / 72 Läs mer »

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
Källa: MarketWatch - 🏆 3. / 97 Läs mer »