JPMorgan rides trading and dealmaking boom to positive Q3 earnings report
The post JPMorgan rides trading and dealmaking boom to positive Q3 earnings report appeared on BitcoinEthereumNews.com.
JPMorgan crushed Wall Street forecasts in its third-quarter earnings report on Tuesday, with profit and revenue surging far beyond expectations as trading and investment banking brought in literally over $700 million more than analysts predicted. In the earnings report, JPMorgan said its net income climbed 12% from a year earlier to $14.39 billion, equal to $5.07 per share, beating the $4.84 per-share forecast from LSEG. The bank’s revenue surged by 9% to $47.12 billion, roughly adding $700 million above estimates. So far this year, major U.S. lenders have benefited from President Donald Trump’s economic agenda, while lighter oversight of mergers and capital requirements has boosted dealmaking. Stock indexes S&P, the Dow, and Nasdaq have made over a dozen all-time highs this year too, which lifted wealth-management units at banks like JPMorgan, giving them a tailwind from client gains in risk assets, according to the report. Trading desks and investment bankers fuel a $700 million surprise JPMorgan’s CEO Jamie Dimon said each major business line delivered strong results but warned that the economy faced growing uncertainty. “While there have been some signs of a softening, particularly in job growth, the U.S. economy generally remained resilient,” he said in the earnings report. “However, there continues to be a heightened degree of uncertainty stemming from complex geopolitical conditions, tariffs and trade uncertainty, elevated asset prices and the risk of sticky inflation.” Jamie added that the corporate and investment bank saw fees rise 16% as equity-capital-markets and M&A activity picked up amid favorable market conditions. The markets division brought in a record $8.9 billion in quarterly revenue, up 25% year over year, driven by higher client activity and demand for financing. In consumer banking, JPMorgan ranked #1 in U.S. retail deposits for the fifth consecutive year and added over 400,000 new checking accounts in…
Filed under: News - @ October 14, 2025 12:29 pm