JPMorgan, Nation's Largest Bank, Posts $9.4 Billion Profit–Shattering Wall Street Expectations Despite Pandemic

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JPMorgan, the nation's largest bank, posted a $9.4 billion profit—shattering Wall Street's expectations despite pandemic

revenue of $29.9 billion in the third quarter, only slightly less than the $30 billion reported in the same period last year but more than the $28.4 billion analysts were forecasting.

JPMorgan stock futures ticked up 1.7% within minutes of the announcement; shares closed up 1.2% on Monday but are still down 25% for the year.

 

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What a fing ahole

☕️😏

How do people glorify and defend this trash?

☕️😏

American greed at its highest level. The corporate saying is they measure success as taking the rice from your child’s mouth. I think 9.4 billion equals a lot of hungry children.

Just more proof that the fiction that is 'banking' has absolutely nothing to do with the real economy, and is just a degenerate-gambling exercise practiced by parasites.

Why the hell on the earth stock went down though? Must be the influence of Main Street huh 🤭

BECAUSE AMERICAN TAXPAYERS BAILED THERE ASSES OUT AGAIN. NO MORE NEVER AGAI !

funny because during the pandemic i ditched my bank... i wonder where this money came from... oh wait, its most likely scam money or its not there at all

RepKatiePorter I remember you questioning him. I repeated it to friends multiple times. This is why we need you in Congress Katie. Thank you for all that you do.

All those fees on poor and working class families already struggling to make ends meet. CRIMINAL. Guillotines are coming. The rich will get what's coming to them in due time.

Giving out free fed money during a pandemic is a pretty cool racket.

Eat the rich

This is criminal

It’s interest and fees in working families that have a budget shortfall, small businesses that need to pay their workers, you know... people that can’t afford to make it but have people to feed.

They repossessed my car the day it was allowed, over 1k dollars. Told me to pay it that day and we could keep it. I tried, they told me I had to pay it off in full. $9k. Overpaid by $460 and they sent me a $23 check. And say it's because it cleared on a certain date. Even tho...

Guess what isn't sustainable?

RepKatiePorter deserves to be the next senator from California.

Tax cuts for billionaires

Jamie Dimon be like 😁 👍👍 🍆

👎👎👎👎👎👎👎👎

CarpeNoctom Sounds familiar....

35% to 21% corporate tax cuts for wealthy 20% under Trump’s administration. Give the man 4 more years American taxpayers. He’s making your wallets great again!

CarpeNoctom Mashinsky & NukeGold - New ad campaign for CelsiusNetwork when you need to answer the question 'How can Celsius can pay such high interest rates?' $9.4 billion(not a typo) in profit (in a quarter) yet they pay their customers less than 1% interest. UnBankYourself HODL

This is insane for a bank or any one company to make this much money. Capitalism needs to have guard rails or it goes off the rails. Hopefully our government is paying attention ewarren katieporteroc

JP Morgan in bed with Chi-NA run away.

But who’s surprised?

And yet their stock is still down today.

Are we still good with capitalism or nah?

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