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JPMorgan second quarter profit jumps 67% with a boost from First Republic takeover

Por: ABC News Business July 14, 2023

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JPMorgan's second-quarter profits rose by 67% as the nation's largest bank made more loans to customers, took advantage of higher interest rates, and got a boost from its recent acquisition of First Republic Bank. The bank earned $14.5 billion in the three months ended June 30, compared with $8.65 billion in the same period last year. On a per share basis, the bank earned $4.75, easily outpacing Wall Street expectations for $3.97,... + full article



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