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Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September 22, 2022.
Tom Williams | CQ-Roll Call, Inc. | Getty Images
JPMorgan Chase on Friday posted results that topped analysts’ estimates as the biggest U.S. bank by assets took advantage of rising rates to generate more interest income.
Here are the numbers:
- Earnings: $3.12 a share, beating the $2.88 estimate of analysts surveyed by Refinitiv.
- Revenue: $33.49 billion, exceeding the $32.1 billion estimate.
The bank said third-quarter profit fell 17% from a year earlier to $9.74 billion, or…
Source cnbc.com
