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News 2026-10-13 11:26 UTC

BUZZ — US Banks: JPM rises, Wells Fargo falls after Q3 results

(Updates) JPMorgan Chase & Co * Shares up 1.6% premarket after co reported higher Q3 profit but also a moderation in dealmaking momentum from the prior quarter * Bank reported an 8% decline in investment banking fees vs Q2, though revenue from the unit rose 14% vs a year ago * Avg. rating of 27 analysts on the stock is

News 2026-10-13 10:46 UTC

BUZZ — US Banks: JPM, Wells Fargo fall after Q3 results

JPMorgan Chase & Co * Shares slip 2.7% premarket after reporting higher Q3 profit on investment banking and trading strength * Bank's Q3 profit rose to $15.3 bln, or $5.57/shr, as revenue from its markets division climbed 15% and investment banking fees grew 14% * JPM's stock has advanced ~3.7% YTD Wells Fargo * Wells