JPMorgan Chase's Full-Year Outlook Looks Promising
When JPMorgan Chase (NYSE: JPM) reported third-quarter earnings, the news looked good. The bank earned $6.7 billion, reported an especially impressive efficiency ratio of 55% for a bank its size, and saw its profitability remain at the top of its peer group.
Yet, JPMorgan Chase did more than just update investors on its past performance when it announced its results for the three months ended Sept. 30; it also provided investors with an outlook for full-year 2017, offering guidance on four metrics.
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Source: Fool.com