• 11/26/2024

JPMorgan Profit Exceeds $14 Billion

Wall Street Journal

JPMorgan’s second-quarter profit rose 67%, and revenue increased 34%. First Republic, the failed bank JPMorgan bought in May, provided a $2.7 billion gain but also led to $1.2 billion in credit costs.

https://www.wsj.com/articles/jpmorgan-profit-exceeds-14-billion-4a25430c