JPMorgan Chase, Wells Fargo Shares Surge As US Banks Beat Wall Street Expectations
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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 The post JPMorgan Chase, Wells Fargo Shares Surge As US Banks Beat Wall Street Expectations appeared first on The Daily Hodl .
Source: The Daily Hodl
