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Today β€” 13 October 2026Main stream

Higher Interest Rates Take Bite Out of JPMorgan’s Profits

13 October 2026 at 12:55
After banner stretch, the bank released surprisingly spotty earnings results for the third quarter. Its rival Goldman Sachs posted better-than-expected results.

Β© An Rong Xu for The New York Times

JPMorgan earned $15.3 billion in profit, falling short of analysts’ expectations.
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