Advertisement
New Zealand markets closed
  • NZX 50

    11,755.17
    +8.59 (+0.07%)
     
  • NZD/USD

    0.6021
    -0.0013 (-0.21%)
     
  • NZD/EUR

    0.5584
    -0.0010 (-0.18%)
     
  • ALL ORDS

    8,022.70
    +28.50 (+0.36%)
     
  • ASX 200

    7,749.00
    +27.40 (+0.35%)
     
  • OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD

    2,366.90
    +26.60 (+1.14%)
     
  • NASDAQ

    18,161.18
    +47.72 (+0.26%)
     
  • FTSE

    8,433.76
    +52.41 (+0.63%)
     
  • Dow Jones

    39,512.84
    +125.08 (+0.32%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • NZD/JPY

    93.7530
    -0.0150 (-0.02%)
     

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.