JPMorgan Chase reported Q3 2024 financial results with revenue rising 7% YoY to $42.7B, while net income decreased 2% YoY to $12.9B. Earnings per share increased 1% YoY to $4.37, with ROE at 16% compared to 18% in Q3 2023. The bank maintained strong capital position with CET1 ratio at 15.3%.The Commercial & Investment Bank division showed robust performance with revenue up 8% YoY to $17.0B and net income increasing 13% YoY to $5.7B. Asset & Wealth Management revenue grew 9% YoY to $5.4B, though net income declined 5% YoY to $1.4B, while AUM reached $3.9T, up 23% YoY.The bank successfully completed the First Republic Bank integration and announced a $30B share repurchase program. Balance sheet metrics remained solid with total assets at $4.2T, while both deposits and loans showed modest 1% YoY growth to $2.4T and $1.3T respectively.

JPMorgan Chase reported Q3 2024 financial results with revenue rising 7% YoY to $42.7B, while net income decreased 2% YoY to $12.9B. Earnings per share increased 1% YoY to $4.37, with ROE at 16% compared to 18% in Q3 2023. The bank maintained strong capital position with CET1 ratio at 15.3%.The Commercial & Investment Bank division showed robust performance with revenue up 8% YoY to $17.0B and net income increasing 13% YoY to $5.7B. Asset & Wealth Management revenue grew 9% YoY to $5.4B, though net income declined 5% YoY to $1.4B, while AUM reached $3.9T, up 23% YoY.The bank successfully completed the First Republic Bank integration and announced a $30B share repurchase program. Balance sheet metrics remained solid with total assets at $4.2T, while both deposits and loans showed modest 1% YoY growth to $2.4T and $1.3T respectively.