Actionable news
All posts from Actionable news
Actionable news in JPM: JPMORGAN CHASE & CO.,

JPMorgan Chase (JPM) Earnings Report: Q3 2015 Conference Call Transcript

Chase's Chairman and CEO, Jamie Dimon and Chief Financial Officer, Marianne Lake. Ms. Lake, please go ahead. Marianne Lake (CFO): Thank you. Good afternoon, everyone. Thank you for joining us. I'm going to take you through the earnings presentation which is available on our Web site. Please refer to the disclaimer regarding forward-looking statements at the back of the presentation. Starting on page 1, the firm reported net income of $6.8 billion, EPS of $1.68 and a return on tangible common equity of 15% on $23.5 billion of revenue. If you exclude tax adjustments, legal expense and net reserve releases, our adjusted performance was $1.32 a share with a 12% return on tangible common equity. And we've only adjusted for these three items because other small items that might be considered non-core netted to zero. Underlying results were somewhat mixed on the back of market conditions. The consumer business had strong performance with loan growth across products driving overall firm-wide core loan growth of 15%. In the corporate and investment bank, we saw outperformance in...