JPMorgan Chase shares pop after profit exceeds expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts’ estimates for third-quarter profit and revenue as the bank generated more interest income than expected, while credit costs were lower than anticipated. Here’s what the company reported: Earnings: $4.33 a share Revenue: $40.69 billion, vs. $39.63 billion LSEG estimate The bank said profit surged […]
