JPMorgan Finds Goldilocks Moment in First-Quarter Volatility

Record stock-trading revenue lifts investment bank division
Quarterly profit jumps 35% as corporate tax cuts take hold

Bloomberg Intelligence’s Alison Williams analyzes JPMorgan’s first-quarter earnings that beat estimates.(Source: Bloomberg)

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By Zeke Faux

April 13, 2018 at 11:09 AM UTC

Updated on

April 13, 2018 at 1:40 PM UTC

This article is for subscribers only.

For JPMorgan Chase & Co., last quarter’s volatility appears to have been just right.

Revenue and profit for the first three months of 2018 rose to all-time highs, the bank said Friday, spurred by record results from stock trading. Revenue jumped at nine of the bank’s 11 largest business lines, according to a statement.