JPMorgan Chase & Co (MEX:JPM)
MXN 5000 -12.83 (-0.26%) Market Cap: 14.07 Til Enterprise Value: 15.06 Til PE Ratio: 13.66 PB Ratio: 2.13 GF Score: 67/100

Q3 2019 JPMorgan Chase & Co Earnings Call Transcript

Oct 15, 2019 / 12:30PM GMT
Release Date Price: MXN2328.65 (+3.96%)
Operator

Good morning, ladies and gentlemen. Welcome to JPMorgan Chase's Third Quarter 2019 Earnings Call. This call is being recorded. (Operator Instructions)

At this time, I would like to turn the call over to JPMorgan Chase's Chairman and CEO, Jamie Dimon; and Chief Financial Officer, Jennifer Piepszak. Ms. Piepszak, please go ahead.

Jennifer A. Piepszak
JPMorgan Chase & Co. - CFO

Thank you, operator. Good morning, everyone. I'll take you through the presentation which, as always, is available on our website, and we ask that you please refer to the disclaimer at the back.

Starting on Page 1, the firm reported net income of $9.1 billion and EPS of $2.68 on record revenue of $30.1 billion with a return on tangible common equity of 18%. Underlying performance continues to be strong with highlights including client investment assets in Consumer Banking, up 13%; strength in our consumer lending businesses, in particular on higher origination volume in Home Lending and Auto; and healthy growth in sales and outstandings in Card; #1 in global IB fees

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