WS #12040
JPMorgan Q2: net revenue +28% Y/Y to $57.3B ($6.7B beat), net income +41% Y/Y. Goldman Sachs: EPS $20.98 (beat $14.54), revenue $20.34B (beat $16.40B). Bank of America: Q2 EPS $1.21, net income $9.1B, trading revenue +33%. JPMorgan CEO Dimon says bank has 1,000 AI use cases and reduced jobs by 30-40% in some areas due to AI.
Bank earnings: JPMorgan, Goldman, BofA beat estimates
JPMorgan Q2: net revenue +28% Y/Y to $57.3B ($6.7B beat), net income +41% Y/Y. Goldman Sachs: EPS $20.98 (beat $14.54), revenue $20.34B (beat $16.40B). Bank of America: Q2 EPS $1.21, net income $9.1B, trading revenue +33%. JPMorgan CEO Dimon says bank has 1,000 AI use cases and reduced jobs by 30-40% in some areas due to AI.