Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018.
Janvhi Bhojwani | CNBC
JPMorgan Chase on Tuesday posted earnings that beat analysts’ estimates for the top and bottom lines.
The stock rose 1.5% in premarket trading.
The bank posted third-quarter profit of $9.44 billion, or $2.92 per share, exceeding the $2.23 per share consensus estimate of analysts surveyed by Refinitiv. The firm generated revenue of $29.94 billion, about $1.5 billion more than what analysts had expected, fueled in part by better-than-projected trading results.
The key question for the quarter: Whether American banks would show that they’re…