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0.000946198701727346 0.00109913081747173 -0.00341071625041261 -0.00308064693585654 -0.00110023104852013 -0.00429090108922874 -0.00396083177467267 -0.0024205083067444
Stock impact report

JPMorgan Chase & Co. First Quarter Earnings: Getting Ready [Seeking Alpha]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Seeking Alpha
SummaryFirst quarter earnings at JPMorgan Chase & Co. were down substantially from one year ago, but the difference was also solely a result of an increased provision for loan losses.JPMorgan is getting ready for "a fairly severe recession", and the changes in the bank's accounting statements and the comments of CEO Jamie Dimon show how the bank is preparing.JPMorgan Chase & Co. is still the "class" of the largest banks in the United States and is providing leadership in working with the government to mitigate the coronavirus impacts.Last year, JPMorgan Chase & Co. (NYSE:First quarter net income came in at $2.87 billion, down from earnings one year ago of $9.18 billion.JPMorgan earned a return on tangible common equity of 5 percent in the first quarter of 2020, down from 19 percent in the first quarter of 2019.JPMorgan, in the first quarter of 2020, had a CET1 of 11.5 percent, quite high, and had liquidity resources of more than $1.0 trillion.JPMorgan’s net interest income was stable Show less Read more
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