that beat the consensus estimates of analysts polled by Bloomberg, reflecting strong growth in investment-banking fees and trading revenues.
"We earned $4.7 billion of net income in the second quarter despite building $8.9 billion of credit reserves because we generated our highest quarterly revenue ever, which demonstrates the benefit of our diversified global business model," CEO Jamie Dimon said in the earnings release. "We are prepared for all eventualities as our fortress balance sheet allows us to remain a port in the storm," he said.
However, the commercial banking division swung from $1 billion in net income in the second quarter of last year to a net loss of $691 million, reflecting a $2.4 billion provision for credit losses.
Must be the heart surgery
No ring he lost.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
The 25 fastest-growing DTC brands in Q2, according to traffic growth - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »
Asian shares firm, hope for best from U.S. earningsAsian shares got off to a firm start on Monday as investors wagered U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns. impending bubble. Then the big investors and banks start, and the great disaster in the stock market comes. It will be this week !!! They are....us
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »
Asian shares extend rally, U.S. earnings to test optimismAsian shares crept toward five-month peaks on Monday as investors wagered the U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns. Probably just going to be another day in the U.S. with the Fed propping up the market. They are live in a different world and know they can do what they want with the Feds Trillions backing them up.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »
Stock market news: Stocks ignore record COVID cases, focus on earnings - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Further proof why we are in the mess we are in and the stock and housing market are insanely overvalued. there's no second wave, the surge of cases r the result to a more testing applied than before. The world economic system will not gonna come crashing down right now. Covid_19 COVIDUpdates
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »
JPMorgan Chase is set to report second-quarter earnings – here's what the Street expectsJPMorgan Chase will be closely watched for clues on how the coronavirus pandemic is impacting banks' retail and institutional businesses.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »