JPMorgan Chase & Co. reported third-quarter earnings above analyst estimates, supported by a rebound in investment banking and trading. Net income was $12.5 billion. Earnings were $4.35 per share. Revenue totaled $42.1 billion, comfortably exceeding consensus expectations.
Net interest income rose 15% year over year. It reached $24.8 billion.
The results offered an early positive signal about the financial sector’s health ahead of other major bank earnings. Strong trading performance and a rebound in investment banking fees suggested capital markets remained resilient despite broader concerns about inflation and interest rates. JPMorgan Chase shares rose modestly in pre-market trading after the announcement.