"Each line of business performed well," CEO Jamie Dimon wrote in the earnings release."
"While there have been some signs of a softening, particularly in job growth, the U.S. economy generally remained resilient," Dimon said."
""complex geopolitical conditions, tariffs and trade uncertainty, elevated asset prices and the risk of sticky inflation.""
""fortress balance sheet.""
JPMorgan Chase reported third-quarter earnings per share of $5.07, exceeding analyst expectations and rising 16% from $4.37 a year earlier. Net income reached $14.4 billion and revenue climbed 9% year-over-year to $47.1 billion. Results were driven by record trading revenues and a surge in investment banking fees as dealmaking activity returned. Fixed income trading rose 21% to $5.6 billion and equities trading jumped 33%, pushing total trading revenue to $8.9 billion. CEO Jamie Dimon cited economic resilience alongside risks from geopolitical tensions, tariffs, elevated asset prices, and potential sticky inflation, and emphasized preparedness.
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