Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

JPMorgan Chase posts record revenue that tops expectations on higher interest rates

JPMorgan Chase reported first-quarter earnings before the opening bell Friday, surpassing Wall Street expectations. The company's stock jumped 5.1% in premarket trading, likely due to the influx of deposits after two regional banks experienced bank runs. The flow of deposits through American financial institutions is one of the top concerns of analysts and investors this quarter, and JPMorgan is likely to be watched closely for clues on how the industry fared after the collapse of two regional lenders last month.

The post JPMorgan Chase Posts Record Revenue that tops expectations on higher interest rates appeared first on Balanced News Summary.



This post first appeared on Balanced News Summary, please read the originial post: here

Share the post

JPMorgan Chase posts record revenue that tops expectations on higher interest rates

×

Subscribe to Balanced News Summary

Get updates delivered right to your inbox!

Thank you for your subscription

×