• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

JPMorgan profit drops on bigger provisions for loan losses

by October 11, 2024
written by October 11, 2024

(Reuters) – JPMorgan Chase (NYSE:JPM)’s profit dropped in the third quarter as it built up provisions for potential loan defaults, the bank said on Friday.

Profit was $12.90 billion for the three months ended Sept. 30, compared with $13.15 billion a year ago.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Analysis-Aging Uruguay’s vote to drop pension age is rattling investors
next post
Bank of NY Mellon earnings beat by $0.14, revenue topped estimates

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Musk’s brain implant company filed as a ‘disadvantaged business’

      July 19, 2025
    • A flagging U.S. industry looks for new life in a Philadelphia shipyard

      July 18, 2025
    • Coca-Cola dodges after Trump says soda will switch back to cane sugar

      July 18, 2025
    • Trump says it’s ‘highly unlikely’ he will fire Fed Chair after broaching idea with GOP reps

      July 17, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (562)
    • Stock (6,426)

    Latest News

    • Musk’s brain implant company filed as a ‘disadvantaged business’
    • A flagging U.S. industry looks for new life in a Philadelphia shipyard

    Popular News

    • Italy stocks lower at close of trade; Investing.com Italy 40 unchanged
    • Spain announces 3.76 billion euros in new aid to Valencia after floods

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy