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  "documentTitle": "J.P.Morgan | Results Presentation Deck | 13 slides",
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  "authorName": "J.P. Morgan",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-10-01 00:00:00",
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      "text": "Net income of $5.7B, up 13% YoY; revenue of $17.0B, up 8% YoY\nBanking & Payments revenue\nIB revenue of $2.4B, up 29% YoY, driven by higher fees across all products\nPayments revenue of $4.4B, up 4% YoY, driven by fee growth and higher deposit balances, largely offset by deposit margin compression and higher deposit-related client credits\nLending revenue of $1.9B, down 2% YoY\nMarkets & Securities Services revenue\nMarkets revenue of $7.2B, up 8% YoY\nFixed Income Markets revenue of $4.5B, flat YoY, including outperformance in Currencies & Emerging Markets and lower revenue in Rates\nEquity Markets revenue of $2.6B, up 27% YoY, reflecting strong performance across regions\nSecurities Services revenue of $1.3B, up 9% YoY, largely driven by fee growth on higher market levels and volumes\nExpense of $8.8B, down 1% YoY, driven by lower legal expense, offset by higher compensation, including revenue-related compensation and growth in employees, as well as higher technology expense\nCredit costs of $316mm, driven by the impact of net lending activity, and net downgrade activity primarily in Real Estate, partially offset by changes in certain macroeconomic variables\nNet reserve build of $160mm and NCOs of $156mm",
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      "kind": "source-note",
      "text": "See note 1 on slide 9; For additional footnotes see slide 11",
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      "text": "SELECTED INCOME STATEMENT DATA ($MM)\n3Q24 2Q24 3Q23\nRevenue $17,015 ($902) $1,254\nInvestment Banking revenue 2,354 (110) 536\nPayments 4,370 (176) 153\nLending 1,894 (42) (40)\nOther 28 24 4\nTotal Banking & Payments 8,646 (304) 653\nFixed Income Markets 4,530 (292) (18)\nEquity Markets 2,622 (349) 553\nSecurities Services 1,326 65 114\nCredit Adjustments & Other (109) (22) (48)\nTotal Markets & Securities Services 8,369 (598) 601\nExpense 8,751 (415) (67)\nCredit costs 316 (68) 411\nNet income $5,691 ($206) $664",
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      "text": "REVENUE BY CLIENT COVERAGE SEGMENT ($MM)\n$ O/(U)\n3Q24 2Q24 3Q23\nBanking & Payments revenue6 $8,646 ($304) $653\nGlobal Corporate & Investment Banking 6,139 (2) 670\nCommercial Banking 2,891 31 17\nMiddle Market Banking 1,931 (5) (18)\nCommercial Real Estate Banking 960 36 35\nOther (384) (333) (34)",
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      "text": "KEY DRIVERS / STATISTICS ($B)3\n3Q24 2Q24 3Q23\nAverage equity $132.0 $132.0 $138.0\nROE 17% 17% 14%\nOverhead ratio 51 51 56\nIB fees ($mm) $2,267 $2,356 $1,729\nAverage Banking & Payments loans 348.4 351.4 354.6\nAverage client deposits4 966.0 936.7 900.3\nAssets under custody ($T) 35.8 34.0 29.7\nNet charge-off/(recovery) rate5 0.13% 0.14% 0.08%",
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      "kind": "title",
      "text": "Commercial & Investment Bank",
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