JPMorgan Q2 results: Bank's profit beats estimates at $14.2 billion; revenue strong but CEO Jamie Dimon warns of global risks
JPMorgan Chase reported a second-quarter net profit of $14.2 billion, surpassing Wall Street expectations despite being lower than the previous year. Revenue reached $45.7 billion, exceeding estimates, with the markets division showing strong growth. CEO Jamie Dimon cautioned about persistent macroeconomic threats, including tariffs and geopolitical uncertainty, while acknowledging the resilient US economy.
JPMorgan Chase reported a second-quarter net profit of $14.2 billion, surpassing Wall Street expectations despite being lower than the previous year. Revenue reached $45.7 billion, exceeding estimates, with the markets division showing strong growth. CEO Jamie Dimon cautioned about persistent macroeconomic threats, including tariffs and geopolitical uncertainty, while acknowledging the resilient US economy.
