earnings
confidence high
sentiment neutral
materiality 0.85
JPMorgan Q3 net income $12.9B, EPS $4.37; revenue up 6% YoY to $43.3B
JPMORGAN CHASE & CO
2024-Q3 EPS reported
$14.94
- Net income $12.9B, diluted EPS $4.37; ROTCE 19%, down from 22% a year ago.
- Managed revenue $43.3B up 6% YoY; NII $23.5B, noninterest revenue $19.8B.
- Investment banking fees $2.4B up 29% YoY; Equity Markets revenue $2.6B up 27%.
- FY2024 NII guidance ~$92.5B, adjusted expense ~$91.5B; Card Services NCO rate ~3.4%.
- CET1 ratio 15.3%; common dividend $1.25/share, $6B stock repurchases in Q3.