Form 8-K JPMORGAN CHASE & CO For: Oct 13
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JPMorgan (JPM) Tops Q3 EPS by 69c
October 13, 2020 6:48 AM EDTJPMorgan (NYSE: JPM) reported Q3 EPS of $2.92, $0.69 better than the analyst estimate of $2.23. Revenue for the quarter came in at $29.1 billion versus the consensus estimate of $28.29 billion.
Reported revenue of $29.1 billion; managed revenue of $29.9 billion2Credit costs of $611 million included $569 million of net reserve releasesAverage loans6 up 1%; average deposits up 30%$1.3 trillion liquidity sources, including HQLA and unencumbered marketable securities7CCBROE 29%Average deposits up 28%; client investment assets up 11%Average loans6 down 7%; credit card sales volume8 down 8%
Jamie... More
