Bulls will talk at some length about JPMorgan Chase's (NYSE: JPM )
leadership across the banking landscape, including leading deposit
share across most of its 23-state footprint, #1 share in trading, and
leading share in corporate lending, but the fact remained that the bank
had logged four straight sequential declines in core pre-provision
profits. With a higher-quality, broad-based beat in the first quarter,
JPMorgan has shored up some of the nagging concerns and remains
well-placed to take advantage of any meaningful steepening in the yield
curve.
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JPMorgan Chase & Co's Broad-Based Beat Restores Some Confidence
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