JPM net profit up 35%, continues to lead league table

The US bank has delivered improved results in Q3 23 as increasing borrowing costs and its acquisition of failed First Republic Bank lifted the bank’s income. We acknowledge that these results benefit from our over-earning on both net interest income and below normal credit costs, both of which will normalise over time - Jamie Dimon Net revenues climbed 22% to US$39.9 billion while non-interest expenses increased 13% to US$21.8 billion in Q2 23. With US$1.4 billion provision for credit