Summary
JPMorgan Chase & Co. (JPM) reported its third quarter 2023 financial results on October 13, 2023. The firm announced a net income of $13.2 billion, or $4.33 per share, a significant increase compared to the $9.7 billion, or $3.12 per share, reported in the third quarter of 2022. This filing primarily serves to provide the official earnings release and financial supplement for the period, indicating strong operational performance and profitability. Investors should note the substantial year-over-year growth in earnings per share, suggesting improved efficiency and/or revenue generation. The attached exhibits (99.1 and 99.2) contain the detailed breakdown of these results and should be reviewed for a comprehensive understanding of the drivers behind this strong quarterly performance.
Key Highlights
- 1Reported Q3 2023 net income of $13.2 billion.
- 2Reported Q3 2023 earnings per share (EPS) of $4.33.
- 3Significant year-over-year increase in net income compared to Q3 2022 ($9.7 billion).
- 4Significant year-over-year increase in EPS compared to Q3 2022 ($3.12).
- 5Filed official earnings release and financial supplement as exhibits.
- 6Information pertains to the financial performance as of and for the quarter ended on or around October 12, 2023.