JPMorgan Beats Q1 Forecasts But Dimon Warns of Growing Economic Threats

• JPMorgan Chase beat revenue and earnings expectations in Q1 results, but Jamie Dimon warned of global economic threats like geopolitical tensions and persistent inflation.

• Dimon said the chance of a bad economic outcome is "higher than other people think", though consumers are still in good shape.

• JPMorgan is starting to see some cracks in areas like subprime auto loans and its net interest income could fall short of expectations.

• The bank took a $725 million charge related to the FDIC cleanup of failed banks like Silicon Valley Bank.

• Other banks like Citi and Wells Fargo also beat expectations but saw hits related to the FDIC assessment fees.