Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Jul 13, 2018 05:33 PM IST | Earnings

JP Morgan profit beats on better-than-expected trading, loan growth

US banks are benefiting from a cut in corporate tax rates, hikes in interest rates and a growing economy that is driving demand from borrowers while holding down loan loss rates.
Overall, the bank's revenue rose 6.5% to $28.39 billion and topped the average analyst estimate of $27.36 billion, driven by growth in all four of the bank's businesses.
JP Morgan profit beats on better-than-expected trading, loan growth
Published Date: Jul 13th, 2018 05:33 PM | Updated Date: Jul 13, 2018 05:33 PM IST
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

More From
Live TV