JPMorgan Chase & Co Q2 2020 Earnings Call Summary - Thomson StreetEvents

JPMorgan Chase & Co Q2 2020 Earnings Call Summary

JPMorgan Chase & Co Q2 2020 Earnings Call Summary - Thomson StreetEvents
JPMorgan Chase & Co Q2 2020 Earnings Call Summary
Published Jul 14, 2020
27 pages (14546 words) — Published Jul 14, 2020
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About This Report

  
Abstract:

Edited Brief of JPM.N earnings conference call or presentation 14-Jul-20 12:30pm GMT

  
Brief Excerpt:

...A. Overview: Net income $4.7b. 1. 2. EPS $1.38. 3. Revenue $33.8b; record. ROTCE 9%. a. 4. Significant items included in results: a. Credit reserve build $8.9b. b. Approx. $700m of gains in bridge book and $500m of gains in credit adjustments and other. i. Both represent reversal of some losses took in 1Q20. B. Highlights: As Co. continues to navigate this challenging and uncertain environment, 2Q20's performance once again demonstrates benefit of the diversification and scale of platform. 1. 2. CIB reported its highest quarterly revenue on record, with IB fees up 54% and markets revenue up 79% YonY, each representing record performances with strength across board. 3. Consumer deposit growth of 20%; record. Up over $130b YonY. a. b. Firm-wide avg. deposits $1.9t....

  
Report Type:

Brief

Source:
Company:
Co
Ticker
JPM.N
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "JPMorgan Chase & Co Q2 2020 Earnings Call Summary" Jul 14, 2020. Alacra Store. May 17, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2020-JPMorgan-Chase-Co-Earnings-Call-B12568171>
  
APA:
Thomson StreetEvents. (2020). JPMorgan Chase & Co Q2 2020 Earnings Call Summary Jul 14, 2020. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2020-JPMorgan-Chase-Co-Earnings-Call-B12568171>
  
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