Tag Archives: JPMorgan

JP Morgan analysts said in a weekly note that the continued rise in oil prices is expected to stimulate an increase in US crude production this year. The bank now expects US crude oil production to average 11.78 million barrels per day in December 2021, up 710,000 barrels per day …

JPMorgan announced its quarterly results (Q4 2020), which were better than expectations. Earnings per share: $3.79 per share, versus expectations of $2.62 per share, according to Refinitiv Revenue: $30.16 billion, versus forecast $28.70 billion

JPMorgan, the largest bank in USA, was the first to release Q2 earnings report among the three largest banks in the United States, reported that the bank’s net profit fell by nearly half, due to a $ 10.8B charge for provisions against bad loans. However, the report came stronger than …