earnings
confidence high
sentiment positive
materiality 0.85
JPM Q2 net income $14.5B ($4.75/sh) vs $8.6B YoY; adj EPS $4.37, ROTCE 23%
JPMORGAN CHASE & CO
2023-Q2 EPS reported
$8.85
- Reported revenue $41.3B, managed revenue $42.4B; net income $14.5B, up 69% YoY.
- Excluding significant items (First Republic gain, securities losses), adj net income $13.3B, EPS $4.37.
- Credit costs $2.9B including $1.5B reserve build and $1.4B net charge-offs; CET1 ratio 13.8%.
- Common dividend $1.00/sh; $1.8B net stock repurchases; book value per share $98.11, up 14%.
- CCB ROE 38%, CIB ROE 15%, AWM AUM $3.2T, record long-term inflows $61B.