Quartz·2 min read·medium
JPMorgan posted record profit and is closing in on a $1 trillion market cap
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JPMorgan Chase reported a record quarterly net income of $21.2 billion, the highest in U.S. banking history. The bank's strong performance has pushed its market capitalization toward the $1 trillion milestone.
The bank's $21.2 billion second-quarter net income was the highest quarterly profit in U.S. banking history, lifting its market cap to around $919 billion
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