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  • 3 years ago
JPMorgan Chase reported third quarter 2023 earnings per share of $4.33, beating analysts' estimates of $3.96. The bank's revenue for Q3 2023 was $40.69 billion, higher than the estimated $39.63 billion. JPMorgan's stock is up 8.7% year-to-date, outperforming the 19% drop in the KBW Bank Index. Analysts will be watching how JPMorgan and its peers navigated volatile rate conditions this quarter, as well as what projections Jamie Dimon has about the economy and banking industry going forward.

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00:00 It's Benzinga and here's what's on the block.
00:02 JP Morgan Chase reported 3rd quarter 2023 earnings per share at $4.33, beating analyst
00:07 estimates of $3.96.
00:08 The bank's revenue for Q3 of 2023 was $40.7 billion, higher than the estimated $39.63
00:15 billion.
00:16 JP Morgan stock is up 8.7% year-to-date, outperforming the 19% drop in the KBW Bank Index.
00:23 Analysts will be watching how JP Morgan and its peers navigate volatile rate conditions
00:26 this quarter, as well as what projections Jamie Dimon has about the economy and banking
00:30 industry going forward.
00:31 For all things money, visit Benzinga.com.
00:33 [BLANK_AUDIO]

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