News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Results>JPMorgan Chase (JPM.US) 1Q Net Profit Up 13% YoY to USD16.49B, Beats; Cuts FY NII Guidance
JPMorgan Chase (JPM.US) announced that, benefiting from strong revenue in fixed income and investment banking businesses, its net profit for 1QYY increased 13% YoY to USD16.49 bill...
Reset
Send
The window will close in 5 seconds
<Results>JPMorgan Chase (JPM.US) 1Q Net Profit Up 13% YoY to USD16.49B, Beats; Cuts FY NII Guidance
Close
Recommend
3
Positive
0
Negative
2
 
 

JPMorgan Chase (JPM.US)      announced that, benefiting from strong revenue in fixed income and investment banking businesses, its net profit for 1QYY increased 13% YoY to USD16.49 billion, with EPS of USD5.94, above market expectations of USD5.45. The bank lowered its full-year net interest income guidance to reflect market uncertainties.

Total revenue for the quarter rose 10% to USD50.54 billion, also beating expectations of USD49.17 billion. Among them, fixed income trading revenue increased 21% to USD7.08 billion, while investment banking fees rose 28% to USD2.88 billion, both exceeding forecasts.

Related NewsAnthropic Reportedly Plans to Release Mythos AI Model to UK Financial Institutions Within a Week
Chairman and CEO Jamie Dimon said market risks are becoming increasingly complex, including geopolitical and trade uncertainties. As a result, the bank lowered its full-year net interest income forecast to approximately USD103 billion from the previous USD104.5 billion. (sw/m)

(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)



Related NewsAPI Crude Oil Stock Change for Apr/10 in the United States is 6.100M, higher than the previous value of 3.719M. The forecast was -1.3M.
This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

Auto-translated by AI

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.