JPMorgan Chase third-quarter net interest income tops estimates

Investing.com — JPMorgan Chase (NYSE:JPM) has reported higher-than-expected net interest income in the third quarter, sending shares in the Wall Street banking giant up in premarket US trading on Friday.

The largest US lender by assets reported managed net interest income, or the difference between what it pays for deposits and earns from loans, of $23.53 billion during the period, compared with Bloomberg consensus estimates of $22.8 billion.

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