JPMorgan beats estimates on strong trading, underwriting
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(Reuters) - JPMorgan Chase & Co posted a better-than-expected rise in quarterly profit on Tuesday, as strong results at its trading and underwriting businesses offset weakness in consumer banking.Net income at the United States' largest bank rose to $8.52 billion, or $2.57 per share, in the quarter ended Dec. 31, from $7.07 billion, or $1.98 per share, a year earlier. Net revenue rose 9% to $29.21 billion. (https://bit.ly/36Okhjg)Analysts on average had expected the bank to earn $2.35 per share..