JPMorgan Chase & Co. announced on Friday that its managed revenue in the third quarter of fiscal 2024 came in at $43.3 billion, rising 6% on an annual basis.
Meanwhile, the company's net income in the third trimester amounted to $12.9 billion, falling 2% compared to the same timeframe a year ago. Diluted earnings per share in the reported three-month period stood at $4.37, edging up 1%year over year.
"While inflation is slowing and the U.S. economy remains resilient, several critical issues remain, including large fiscal deficits, infrastructure needs, restructuring of trade and remilitarization of the world. While we hope for the best, these events and the prevailing uncertainty demonstrate why we must be prepared for any environment," CEO Jamie Dimon commented.
The firm's stock rose 1.96% in the premarket on revenue beat.
