• Reported revenue of $25.3 billion; managed revenue of $26.2 billion
• Average core loans up 7% YoY and 2% QoQ

 

CCB ROE 19%

• Average core loans2 up 8%; average deposits of $646 billion, up 9%
• 29.3 million active mobile customers, up 12%
• Credit card sales volume and merchant processing volume each up 13%

 

CIB ROE 13%

• Maintained #1 ranking for Global Investment Banking fees with 8.2% wallet share YTD
• Banking revenue up 5%; Markets revenue down 21%

 

CB ROE 17%

• Record revenue of $2.1 billion, up 15%; net income of $881 million, up 13%
• Average loan balances of $200 billion, up 10%

 

AWM ROE 29%

• Record net income of $674 million, up 21%; revenue of $3.2 billion, up 6%
• Average loan balances of $125 billion, up 10%
• Record assets under management (“AUM”) of $1.9 trillion, up 10%; 81% of mutual fund AUM ranked in the 1st or 2nd quartile over 5 years

 

Jamie Dimon, Chairman and CEO, commented on the financial results: “JPMorgan Chase delivered solid results in a competitive environment this quarter with steady core growth across the platform. And for the first time, the Firm led the nation in total U.S. deposits, as consumers and businesses continue to view us as their partner of choice.”

 

Dimon added: “In Consumer & Community Banking, card sales and merchant processing volumes were once again up double digits, while loans and deposits continued to grow strongly. In the Corporate & Investment Bank, we continued to lead our peers in Investment Banking fees, and Treasury Services and Securities Services each generated over $1 billion in revenue. Commercial Banking again delivered outstanding performance with record revenue as our long-term investments in the business are paying off. Our Asset & Wealth Management business delivered strong results with record net income and AUM this quarter.”

 

Dimon concluded: “The global economy continues to do well and the U.S. consumer remains healthy with solid wage growth. Unfortunately, natural disasters in the U.S. and abroad have impacted many of our customers and we have responded with enormous financial support as well as the expertise and generosity of our employees to help these customers, clients and communities. Building on our success to-date in Detroit, we have announced new initiatives in Chicago and Washington, D.C. to drive inclusive economic growth in those communities. We will be there to do our part. And this is in addition to the $1.7 trillion of credit and capital supplied this year to consumers and small and mid-sized businesses and corporate clients.”