{"id":31353,"date":"2020-07-14T16:03:19","date_gmt":"2020-07-14T12:03:19","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=31353"},"modified":"2020-07-14T17:00:40","modified_gmt":"2020-07-14T13:00:40","slug":"jpmorgan-q2-beats-expectations","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/jpmorgan-q2-beats-expectations\/07\/14\/market-updates\/","title":{"rendered":"JPMorgan Q2 Beats Expectations"},"content":{"rendered":"\n<p>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&#8217;s net profit fell by nearly half, due to a $ 10.8B charge for provisions against bad loans. However, the report came stronger than expected.<\/p>\n\n\n\n<p>Here were the key figures versus the expectations for Q2, according to analysts polled by Bloomberg.<\/p>\n\n\n\n<p>\u2022 Revenue (adjusted): $ 33.83 billion vs $ 30.4 billion expected<\/p>\n\n\n\n<p>\u2022 Earnings per share (adjusted): $ 1.38 vs $ 1.05 per share expected<\/p>\n\n\n\n<p>&#8220;\u201cDespite some recent positive macroeconomic data and significant, decisive government action, we still face much uncertainty regarding the future path of the economy,&#8221; CEO Jamie Dimon said in a statement. &#8220;However, we are prepared for all eventualities as our fortress balance sheet allows us to remain a port in the storm.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;s net profit fell by nearly half, due to a $ 10.8B charge for provisions against bad loans. However, the report came stronger than expected. Here were the key &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,36],"tags":[6976],"class_list":["post-31353","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-market-updates","tag-jpmorgan"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=31353"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31353\/revisions"}],"predecessor-version":[{"id":31355,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31353\/revisions\/31355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31172"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=31353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=31353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=31353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}