In the first quarter JP Morgan Chase recorded revenues of 41.93 billion dollars (+9%) and a net profit of 13.42 billion (+6%) above the analysts' consensus. Revenues from trading and those from corporate and investment banking exceeded forecasts.
The quarterly reporting season of the large US banks has opened with JP Morgan's accounts. (HANDLE) Click here to read the full transcript of JP Morgan’s first quarter results. The full transcript is available at the bottom of this article. Click here for the full Transcript of the First Quarter Earnings Report by JP Morgan. The complete transcript can be found at: http://www.dailymailonline.co.uk/news/article-261515/JP-Morgan-reports-first-quarter-revenues-of-41-93-billion-dollar-plus-net-profit-13.42-billion.html#storylink=cpy. We are happy to clarify that the net profit figure was higher than the consensus figure.