JPMorgan Chase GAAP EPS of $3.12 Beats By $0.23, Revenue of $32.72B Beats By $840M
Seeking Alpha2022-10-14
- JPMorgan Chase Q3 GAAP EPS of $3.12beats by $0.23.
- Revenue of $32.72B (+10.4% Y/Y)beats by $840M.
- Credit costs of $1.5 billion included an $808 million net reserve build and $727 million of net charge-offs
- Average deposits up 9%; client investment assets down 10%
- Gross Investment Banking revenue of $761 million, down 43%
- Assets under management (AUM) of $2.6 trillion, down 13%
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