Read more
11:17 AM · 14 April 2020

BREAKING: JPMorgan reports massive jump in provisions for credit losses

JPMorgan Chase
Stock CFDs
JPM.US, JPMorgan Chase & Co
-
-

JPMorgan (JPM.US) was the first major US bank to report earnings for Q1 2020. The Bank reported EPS of $0.78 against $2.65 in Q1 2019 (-70.5% YoY). Provisions for credit losses jumped to $8.29 billion (+339% YoY). On the hand, revenue from fixed income and equities trading exceeded expectations and reached $4.99 and $2.24 billion, respectively. The Bank also stressed that it has a strong liquidity position, hinting that it may expect more troubles in the quarters ahead.

 

 

JPMorgan's provisions for loan losses almost exceed the financial crisis peak in Q1 2020! Source: Bloomberg, XTB Research

27 November 2025, 6:53 AM

Morning wrap (27.11.2025)

26 November 2025, 2:40 PM

How will another German pivot end?

26 November 2025, 11:31 AM

DE40: DAX drops to important support zone 📉Defense stocks stabilize after the decline

25 November 2025, 7:07 PM

Daily summary: U.S. indices rise as the dollar softens ahead of the Thanksgiving holiday 🗽

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits