Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022.
Ting Shen | Bloomberg | Getty Images
JPMorgan Chase on Friday posted fourth-quarter profit and revenue that topped expectations as interest income at the bank surged 48% on higher rates and loan growth.
Here’s what the company reported:
- Earnings of $3.57 per share which exceeds the $3.07 estimate after excluding one-time items, according to Refinitiv.
- Revenue of $35.57 billion vs. $34.3 billion estimate
The New York-based bank said profit jumped 6% from the year…
Source cnbc.com