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Kiplinger
Kiplinger
Business
Joey Solitro

UNCOVERED: Jp morgan chase tops q2 expectations what to know - The Untold Story

JP Morgan JP Morgan Chase JPM Citigroup CFRA Firm Wells Fargo
A large banner with the words "J.P. Morgan" handing on windows outside of J.P. Morgan headquarters in London.

JP Morgan Chase (JPM) stock is down slightly in early trading Friday after announcing second-quarter earnings results that topped analysts’ expectations.

In the quarter ended June 30, JP Morgan’s revenue increased 20.3% year-over-year to $51 billion and its net income jumped 25% year-over-year to $18.1 billion. Excluding certain items, its net income came in at $13.1 billion, or $4.40 per share.

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