JPMorgan Chase Reports Strong Q2 Results with Record Net Interest Income

J.P. Morgan Chase (NYSE: JPM) reported record second-quarter results, surpassing earnings and revenue estimates due to strong loan growth and a favorable interest rate environment. The bank achieved a 10% year-over-year increase in net interest income on an average loan base of $1.5 trillion.

By The Asian Investor · Seeking Alpha ·

JPMorgan Chase Reports Strong Q2 Results with Record Net Interest Income

Tickers: $JPM

Topics: banking net interest income valuation

Read the full article at Seeking Alpha

More World news