JPMorgan Chase & Co. 10/15/2019 Earnings Report

JPMorgan Chase & Co. EPS Results

• Actual EPS: $2.68
• Consensus EPS: $2.45
• Beat/Miss: Beat by +$0.23
• One Year Ago EPS: $2.34

JPMorgan Chase & Co. Revenue Results

• Actual Revenue: $29.34 billion
• Expected Revenue: $28.36 billion
• Beat/Miss: Beat by +$978.13 million
• YoY Revenue Growth: +7.60%

JPMorgan Chase & Co. Announcement Details

• Date: 10/15/2019
• Time: Before Market Opens
• Conference Call Date: N/A
• Conference Call Time: N/A

JPMorgan Chase & Co. (NYSE:JPM) (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm's principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals. JPMorgan Chase also operates extensive payments and clearing networks and provides custody and securities servicing for institutional clients.

JPMorgan Chase traces its current form to the 2000 merger of J.P. Morgan & Co. and Chase Manhattan Corporation and incorporates the longer histories of predecessor institutions. The firm conducts business across the Americas, Europe, Asia and other regions, serving customers through a combination of physical branches, digital platforms and global client-facing offices. The company is led by its executive management team and board of directors; Jamie Dimon has been widely recognized as the company’s chairman and chief executive officer. JPMorgan Chase’s scale and diversified franchise position it as a central participant in global banking, capital markets and asset management services.