JPMorgan profit jumps 35%, but CEO says geopolitics and gov’t inaction have led to ‘dangerous time’
Headline from The Columbian
NEW YORK (AP) — JPMorgan Chase’s third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank’s CEO, Jamie Dimon, issued a sobering statement about the curren
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NEW YORK (AP) — JPMorgan Chase’s third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank’s CEO, Jamie Dimon, issued a sobering statement about the curren
Profit was $13.15 billion, or $4.33 per share, for the three months ended Sept. 30. That compares with $9.74 billion, or $3.12 per share, a year earlier.
JPMorgan Chase’s (JPM) third quarter profits jumped 35% year-over-year to $13.2 billion, or $4.33 per share as rising rates boosted net interest income. Shares of the largest U.S. bank by assets were flat in pre-market trading.
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JPMorgan profit jumps 35%, but CEO says geopolitics and gov’t inaction have led to ‘dangerous time’ | Since Then
