Web3 hours ago · JP Morgan has reported strong first quarter results in spite of a decline in investment banking and markets revenues, topping overall expectations amid the rising rates environment. The bank saw net income reach $12.62 billion this quarter, up 15% on Q4 of last year and up around 50% in comparison with the first quarter of 2024. Web3 hours ago · Wells Fargo beat sales and profit targets in the first quarter of the year, a period that saw the collapse of two banks that rattled the financial sector and the broader stock market. Wells earned $5 billion in the period, or $1.23 per share, beating analyst projections by 10 cents a share. Revenue of $20.7 billion topped Wall Street’s target of …
Stock market and bank earnings updates: Dow and S&P 500 - CNN
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First Beacon Investments - Atlanta, GA
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