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JPMorgan Q1 Results: Profit rises on interest income strength
ReutersLast Updated: Apr 12, 2024, 04:31:00 PM IST
Synopsis
JPMorgan Chase's profit rose in the first quarter as it earned more from interest payments, the bank said on Friday.
APJPMorgan Chase's profit rose in the first quarter as it earned more from interest payments, the bank said on Friday.
The biggest U.S. lender's profit was $13.42 billion, or $4.44 per share, for the three months ended March 31. That compares with $12.62 billion, or $4.10 per share, a year earlier.
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