Q2 2022 JPMorgan Chase & Co Earnings Call Transcript

Jan 23, 2024

Jul 14, 2022 / 12:30PM GMT
Operator

Good morning, ladies and gentlemen. Welcome to JPMorgan Chase's Second Quarter 2022 Earnings Call. This call is being recorded. (Operator Instructions) We will now go live to the presentation. Please stand by.

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

Jeremy Barnum - JPMorgan Chase & Co. - CFO

Thanks, operator. Good morning, everyone. The presentation is available on our website, and please refer to the disclaimer in the back.

Starting on Page 1. The firm reported net income of $8.6 billion, EPS of $2.76, on revenue of $31.6 billion and delivered an ROTCE of 17%.

Touching on a few highlights. We had another quarter of strong performance in Markets which generated revenue of nearly $8 billion. Credit is still quite healthy and net charge-offs remain historically low. And there continue to be positive trends in loan growth across our businesses, with average loans up 7% year-on-year and 2% quarter-on

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