secwatch.observer — SEC 8-K summary
======================================

Issuer:     JPMORGAN CHASE & CO (JPM)
CIK:        0000019617
Form:       8-K
Filed at:   2023-07-14T23:59:59+00:00
Accession:  0000019617-23-000425
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JPM Q2 net income $14.5B ($4.75/sh) vs $8.6B YoY; adj EPS $4.37, ROTCE 23%
--------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19617/000001961723000425/0000019617-23-000425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19617/000001961723000425/jpm-20230714.htm
  HTML page:      https://secwatch.observer/filing/0000019617-23-000425

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer