Wednesday, April 13, 2011

JPMorgan 1Q earnings at US$5.6b vs US$3.3b yr ago

NEW YORK: JPMorgan Chase & Co posted an increase in first quarter earnings, helped by better results in its credit card business.

The second-largest U.S. bank said on Wednesday, April 13 first-quarter earnings were $5.6 billion, or $1.28 a share compared with $3.3 billion or $0.74 a year earlier.

Its shares were up 15 cents at $46.79 in premarket trading. - Reuters

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