US Biz
2025/10/15
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NEW YORK, Oct. 14 (Xinhua) -- JPMorgan Chase on Tuesday reported robust third-quarter earnings, posting a net income of 14.4 billion U.S. dollars, up from 12.9 billion dollars in the same period a year earlier.
Performance was broadly strong across the bank's business divisions.
In consumer and community banking, the return on equity (ROE) reached 35 percent. In asset and wealth management, the ROE reached 40 percent.
Chairman and CEO Jamie Dimon said that "each line of business performed well," adding that while there have been some signs of a softening, particularly in job growth, the U.S. economy generally remains resilient.
"However, there continues to be a heightened degree of uncertainty stemming from complex geopolitical conditions, tariffs and trade uncertainty, elevated asset prices and the risk of sticky inflation," he noted.