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BRIEF-JPMorgan Chase & Co Q3 earnings per share $1.76
October 12, 2017 / 11:12 AM / in 9 days

BRIEF-JPMorgan Chase & Co Q3 earnings per share $1.76

Oct 12 (Reuters) - JPMorgan Chase & Co:

* JPMorgan Chase reports third-quarter 2017 net income of $6.7 billion, or $1.76 per share‍​

* Qtrly ‍​ reported revenue of $25.3 billion; managed revenue of $26.2 billion

* Qtrly ROTCE 13 percent versus 14 percent in Q2

* Qtrly average core loans up 7 pct YOY and 2 pct QOQ

* Qtrly tangible book value per share of $54.03, up 5%‍ pct

* Quarter-end assets under management were $1.9 trillion, up 10 pct

* Qtrly net revenue was $26.2 billion, up 3 pct

* Qtrly adjusted expense of $14.4 billion versus $14.4 billion in Q2‍​

* Qtrly Consumer & Business Banking average deposits of $646 billion, up 9 pct

* Qtrly provision for credit losses was $1.5 billion, up from $1.3 billion in the prior year‍​

* Q3 earnings per share view $1.65, revenue view $25.23 billion -- Thomson Reuters I/B/E/S

* Basel III Common Equity Tier 1 ratio 12.5 pct at Q3-end versus 12.5 percent at Q2-end

* Qtrly Equity Markets revenue was down 4 pct

* CEO says “global economy continues to do well and the U.S. consumer remains healthy with solid wage growth”‍​

* Qtrly adjusted overhead ratio 55 percent versus 56 percent in Q2

* Qtrly mortgage banking net revenue was $1.6 billion, down 17 pct

* CEO says “unfortunately, natural disasters in the U.S. and abroad have impacted many of our customers‍”​

* CEO says "delivered solid results in a competitive environment this quarter with steady core growth across the platform" Source text - (bit.ly/2z24yMl) Further company coverage:

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