Summary
JPMorgan Chase & Co. (JPM) reported its third-quarter 2020 financial results on October 13, 2020. The company announced a net income of $9.4 billion, or $2.92 per share, for the quarter. This represents an increase compared to the $9.1 billion in net income, or $2.68 per share, reported in the third quarter of 2019. These results indicate a positive year-over-year performance for JPMorgan Chase in the third quarter of 2020, with both net income and earnings per share showing improvement. Investors should refer to the attached earnings release (Exhibit 99.1) and financial supplement (Exhibit 99.2) for a more detailed breakdown of the company's performance and the underlying drivers of these results.
Key Highlights
- 1JPMorgan Chase reported Q3 2020 net income of $9.4 billion.
- 2Q3 2020 earnings per share (EPS) were $2.92.
- 3This compares to Q3 2019 net income of $9.1 billion.
- 4Q3 2019 EPS was $2.68.
- 5The filing includes the official Q3 2020 earnings release (Exhibit 99.1).
- 6A detailed financial supplement for Q3 2020 is also provided (Exhibit 99.2).
- 7The filing is officially marked as submitted on October 12, 2020, with results reported on October 13, 2020.