Comment on JPMorgan Chase income up 67% in 1Q

JPMorgan Chase income up 67% in 1Q

JPMorgan Chase & Co. reported net income of $5.6 billion for the first quarter, compared with net income of $3.3 billion for the first quarter of 2010. That represents earnings of $1.28 a share in the first quarter, up from 74 cents a share in the first quarter of 2010. The complete earnings release is available here. JPMorgan Chase (NYSE: JPM) has $7 million in deposits and one office in Northeast Florida, according to the latest Federal Deposit Insurance Corp....

 

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