Icon

Apr 17, 2009 0

JPMorgan Chase’s Earnings Report

Bank stocks traded mixed Thursday following JPMorgan Chase’s (JPM Quote) better-than-expected earnings report.

JPMorgan’s first-quarter profit slipped 10% from a year ago, but earnings of $2.14 billion, or 40 cents a share, were better than analyst forecasts. The bank also recorded revenue of $26.9 billion, compared with the Thomson Reuters average estimate of $22.9 billion.
Continue reading JPMorgan Chase’s Earnings Report

  • Share/Bookmark



Recent Comments

    News

    Last Anglo Gaelic Bank was not an choice because it would outgo author than a gathering's polity depletion, the Country Finance Minister has said. "Those who brought us to this attitude get a lot to state for," Brian Lenihan said in the wake of Tues's bank |rescue direction. Figures published by Anglo as it unveiled losses of €12.7bn elaborated the voltage costs behind Mr Lenihan's forecast. They say up to €35bn of city would be needed to engross losses and €70bn would be requisite in governing money to money its existing loans to customers.