Advertisement
UK markets close in 8 hours 12 minutes
  • FTSE 100

    8,126.26
    +47.40 (+0.59%)
     
  • FTSE 250

    19,666.18
    +64.20 (+0.33%)
     
  • AIM

    754.07
    +0.95 (+0.13%)
     
  • GBP/EUR

    1.1650
    -0.0006 (-0.05%)
     
  • GBP/USD

    1.2501
    -0.0010 (-0.08%)
     
  • Bitcoin GBP

    51,435.50
    -53.42 (-0.10%)
     
  • CMC Crypto 200

    1,388.47
    -8.06 (-0.58%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CRUDE OIL

    84.10
    +0.53 (+0.63%)
     
  • GOLD FUTURES

    2,350.50
    +8.00 (+0.34%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,669.64
    +385.10 (+2.23%)
     
  • DAX

    18,028.67
    +111.39 (+0.62%)
     
  • CAC 40

    8,067.57
    +50.92 (+0.64%)
     

JPMorgan’s 1Q18 Impresses on Taxes, Trading, and Banking

JPMorgan’s 1Q18 Impresses on Taxes, Trading, and Banking

JPMorgan Chase (JPM) posted EPS (earnings per share) of $2.37 in 1Q18, beating analysts’ estimate of $2.28 aided by tax cuts, higher investment banking and trading revenues, banking growth, and higher interest spreads and partially offset by the subdued performance of its Asset Management segment. The bank posted revenue of $28.5 billion, up 11% on a sequential basis and 10% on a YoY (year-over-year) basis.