JPMorgan Chase on Friday, April 11, released information about its earnings for the first quarter of 2025, which exceeded preliminary expectations, driven by increased activity related to equity trading.
The revenue of the mentioned financial institution, which is the largest in terms of assets in the United States, for January-March of the current year was recorded at the $46.01 billion mark. This indicator showed an increase of 8% compared to the reading for the same period in 2024. The result published on Friday became a reality under the impact of factors such as higher asset management and investment banking fees and strong trading results. The consensus forecast of the analysts surveyed by LSEG was that the bank’s revenue for January- March 2025 will be fixed at the $44.11 billion mark.
The activities of the financial institution related to equities trading generated an unambiguously positive result in the first quarter of this year. The corresponding revenue was recorded at the $3.8 billion mark. This indicator increased by 48% year-on-year. At the same time, StreetAccount forecasted that the mentioned revenue would be about $3.25 billion.
The profit of the largest financial institution in the United States for the first quarter of 2025 was recorded at the $14.64 billion mark. This indicator showed an increase of 9% year-on-year.
After the bank’s earnings data was published, the value of its shares rose by about 3%. From the beginning of the current year to Thursday, April 10, this indicator fell by 1.8%.
As we have reported earlier, Morgan Stanley Reports First-Quarter Revenue.
