JPMorgan Chase, Wells Fargo Shares Surge As US Banks Beat Wall Street Expectations

JPMorgan Chase shares are up nearly 5% after the banking giant posted surprising strong Q3 earnings results. Chase reported a 3% increase in net interest income (NII), beating expectations for a decline. NII is the difference between revenue generated from a bank’s interest-bearing assets and its expenses for paying out interest-bearing liabilities. JPMorgan’s earnings per […] source: https://dailyhodl.com/2024/10/11/jpmorgan-chase-wells-fargo-shares-surge-as-us-banks-beat-wall-street-expectations/