net profit landed of 6.3 billion dollars, approximately 54 billion, down from the 6.8 billion dollars a year earlier. It corresponds to a gain of 1:58 dollars per share, which was well above the 1:39 dollars that analysts had expected.
Revenue was 24.7 billion dollars, also more than expected.
Jaime Dimon, ceo of the investment bank, says in a comment that all divisions performed well during the past quarter.
“We had a record-high net income within the ‘Commercial Banking’”, says the ceo who further highlights that the growth was double-digit in the private lending and borrowing.
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