JPMorgan Third-Quarter Profit Rises 8%

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JPMorgan Third-Quarter Profit Rises 8%
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The U.S.’s largest bank has now posted year-over-year profit gains for each of the past seven quarters

JPMorgan Chase & Co. said Tuesday that third-quarter profit rose 8% and topped expectations.

The nation’s largest bank reported a profit of $9.08 billion, or $2.68 a share. Analysts polled by FactSet had expected earnings of $2.45 a share. A year earlier, the bank reported a profit of $8.38 billion, or $2.34 per share.

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