(Updated - July 14, 2015 7:01 AM EDT)

JPMorgan (NYSE: JPM) reported Q2 EPS of $1.54, which may not compare with the analyst estimate of $1.44. Revenue for the quarter came in at $24.53 billion versus the consensus estimate of $24.4 billion.

UPDATE - Adjusted EPS for JPMorgan in Q2 is calculated at $1.59.

Jamie Dimon, Chairman and CEO, commented on the financial results:

“Our Company had strong results this quarter, and each of our businesses performed well, with broad and consistent underlying growth. This quarter was another example of the power of our platform and risk discipline, and of being there for our clients – as we always are – in good times and in volatile markets.”

Dimon added:

“We are focused on executing on our commitments and we’ve made good progress this quarter, including meeting regulatory requirements, reducing non-operating deposits, and adding to our capital. We are also on target to deliver on our expense commitments. We continue to add value to our customers, clients and communities, and, as always, we operate with fortress principles."

FORTRESS PRINCIPLES

• Tangible book value per share1,8 of $46.13, up 7% YoY
• Basel III common equity Tier 11,2 of $169 billion; ratio of 11.0%2
• Compliant with U.S. LCR9 – HQLA10 of $532 billion
• Firm SLR1 of 6.0% and Bank SLR1 of 6.1%

OPERATING LEVERAGE

• Adjusted expense1 of $14.2 billion and adjusted overhead ratio1 of 58%

CAPITAL RETURN

• Approximately $2.6 billion returned to shareholders4 in the second quarter
  • $1.0 billion of net repurchases and record common dividend of $0.44 per share

SUPPORTED CONSUMERS, BUSINESSES & COMMUNITIES

• $1 trillion of credit and capital11 raised in the first six months of 2015
  • $115 billion of credit for consumers
  • $11 billion of credit for U.S. small businesses
  • $314 billion of credit for corporations
  • $556 billion of capital raised for clients
  • $35 billion of credit and capital raised for nonprofit and government entities, including states, municipalities, hospitals and universities
• Hired over 9,100 U.S. veterans and service members since 2011

1For notes on non-GAAP financial measures, including managed basis reporting, see page 5.For additional notes see page 6.

In the discussion below of JPMorgan Chase as a Firm and of its business segments, information is presented on a managed basis. For more information about managed basis, as well as other non-GAAP financial measures used by management to evaluate the performance of each line of business, see page 5. Percentage comparisons noted in the sections below are calculated for the second quarter of 2015 versus the prior-year second quarter, unless otherwise specified.

For earnings history and earnings-related data on JPMorgan (JPM) click here.