JPMorgan's Q3 Results Review: How to Play the JPM Stock Now?
JP MORGAN CHASE(JPM) ZACKS·2024-10-23 23:25
The largest American lender, JPMorgan (JPM) , announced third-quarter results on Oct. 11, before the opening bell. The company’s top and bottom lines handily surpassed the Zacks Consensus Estimate.Robust capital markets performance and a rise in net interest income or NII (driven by high interest rates, modest consumer spending and decent growth in loan balance) supported JPM’s quarterly performance. On the other hand, higher non-interest expenses and provisions and subdued mortgage banking performance were ...