trending Market Intelligence /marketintelligence/en/news-insights/trending/mzCblFfmTSJAY41zW0Lqjw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

JPMorgan net income up 8% from prior year; credit loss provision jumps

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

JPMorgan net income up 8% from prior year; credit loss provision jumps

JPMorgan Chase & Co. posted third-quarter net income of $9.08 billion, or $2.68 per share, up from $8.38 billion, or $2.34 per share, in the year-ago quarter.

The S&P Global Market Intelligence consensus estimate for GAAP EPS for the quarter was $2.45.

Net interest income was $14.23 billion, up 2% year over year from $13.91 billion. The provision for credit losses was $1.51 billion, up from $948 million in the year-ago period.

The net yield on interest-earning assets was 2.41%, down from 2.53% in the same quarter last year.

JPMorgan's consumer and community banking segment reported net revenue of $14.26 billion, up from $13.29 billion a year ago. That included home lending revenue of $1.47 billion, up 12% from $1.31 billion a year ago.

In the corporate and investment bank division, markets and securities services revenue rose 9% to $6.04 billion. Fixed-income revenue bounced back, rising 25% from the prior year's results.

Total net revenue increased year over year to $29.34 billion from $27.26 billion.

Total loans for the third quarter were $945.22 billion, compared with $956.89 billion in the previous quarter and $954.32 billion in the year-ago period. Total deposits for the third quarter were $1.525 trillion, compared with $1.524 trillion in the previous quarter and $1.459 trillion in the year-ago period.