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JPMorgan Chase & Co.'s (JPM) CEO Jamie Dimon on Q3 2015 Results - Earnings Call Transcript


Good morning, ladies and gentlemen. Welcome to JPMorgan Chase's Third Quarter 2015 Earnings Call.

This call is being recorded. Your line will be muted for the duration of the call.

We will now go live to the presentation. Please stand by.

At this time I would like to turn the call over to JPMorgan Chase's Chairman and CEO, Jamie Dimon, and Chief Financial Officer, Marianne Lake. Ms. Lake, please go ahead.

Marianne Lake - CFO

Thank you, operator. Good afternoon everyone. Thank you for joining us.

I'm going to take you through the earnings presentation, which is available on our website. 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 $23-1/2 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...">More