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JPMorgan Reports Earnings

By GrabNetworks

JPMorgan, the largest bank in the US according to assets, reported a record third quarter profit that beat estimates, boosted by revenue from its mortgage business increasing by 72 percent. Net income increased by 34 percent to $5.71 billion, or $1.40 per share, from $4.26 billion, or $1.02 per share in the same period last year.
JPMorgan Reports Earnings



Related Keywords:JPM, BAC, Business, Personal Finance, Large Cap Stocks
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