Pretty solid performance from JP Morgan.

Pretty solid performance from JP Morgan.

Jamie Dimon interviewed on Bloomberg today. Questions about Iran, credit risks, the economic cycle, and AI. 15 min.
JPMorgan had a good quarter, naturally exceeding expectations in almost all key areas.
Revenue, EPS, and profitability grew significantly, with particular emphasis on investment banking and wealth management. Consumer and business banking also performed quite well.
Less was set aside for credit losses than before, which bodes well for the future. Overall, the results looked pretty decent, with no major surprises either way. ![]()
https://x.com/EconomyApp/status/2044056812018872460
