JPMorgan Posts Strong Q3 Earnings But Dimon Warns of Global Conflict Risks

JPMorgan CEO Jamie Dimon warned of global conflicts creating “the most dangerous time the world has seen in decades."

JPMorgan, Citigroup, and Wells Fargo reported better than expected Q3 earnings.

JPMorgan reported a $13.2 billion profit in Q3 2022, up 35% from last year.

Revenue was $39.87 billion, slightly above estimates.

Dimon credits "years of investment" and client consistency for momentum, but warns of inflation and interest rate risks.