JPMorgan net income falls as bank sets aside more money to cover potential bad loans --[Reported by Umva mag]

NEW YORK (AP) — JPMorgan on Friday reported that its net income fell 2% in the third quarter as the bank had to set aside more money to cover bad loans. Net income fell to $12.9 billion from $13.2 billion in the year-ago quarter. However, the New York bank’s earnings per share rose to $4.37 […]

Oct 11, 2024 - 12:12
JPMorgan net income falls as bank sets aside more money to cover potential bad loans --[Reported by Umva mag]
NEW YORK (AP) -- JPMorgan on Friday reported that its net income fell 2% in the third quarter as the bank had to set aside more money to cover bad loans. Read More




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