JPMorgan's Q2 Profits Surge
- last year
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.