JPMorgan's Q2 Profits Surge
Benzinga
2023-07-14
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JPMorgan Chase's Q2 Earnings:
JPMorgan Chase reported higher-than-expected Q2 earnings driven by strong bond trading and higher interest rates. Net income surged 67%, with retail banking division performing exceptionally well. Guidance for 2023 net interest income was increased to $87 billion. Shares increased 11% this year.
JPMorgan Chase reported higher-than-expected Q2 earnings driven by strong bond trading and higher interest rates. Net income surged 67%, with retail banking division performing exceptionally well. Guidance for 2023 net interest income was increased to $87 billion. Shares increased 11% this year.
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