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JPMorgan Chase (NYSE: JPM) kicked off second-quarter bank earnings in auspicious fashion, beating analyst estimates and growing its top line.
The nation’s biggest bank by assets earned $1.55 per share in the three months ended June 30. That comfortably exceeded the consensus estimate of $1.43 per share. And despite multiple economic headwinds, JPMorgan Chase’s revenue grew on a year-over-year basis by 2%.