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Performance reports released by major US banks on the 13th showed that the operating income and net profit of J.P. Morgan Chase Group, Citigroup, Goldman Sachs Group, and Wells Fargo all declined month-on-month in the third quarter due to factors such as a decline in financial market transaction revenue. All four bank stocks fell at the close of the day. In the third quarter of this year, J.P. Morgan Chase's revenue and net profit were US$50.907 billion and US$15.305 billion, respectively, down 12% and 28%, respectively; Citigroup's operating income and net profit were US$23.845 billion and US$5.245 billion, respectively, down 4% and 10%, respectively; Goldman Sachs Group's revenue and net profit were US$18.679 billion and US$5.294 billion, respectively; Wells Fargo's operating income and net profit were US$21.87 billion and US$5.951 billion, respectively, down 3 percent from the previous month. % and 7%.
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Performance reports released by major US banks on the 13th showed that the operating income and net profit of J.P. Morgan Chase Group, Citigroup, Goldman Sachs Group, and Wells Fargo all declined month-on-month in the third quarter due to factors such as a decline in financial market transaction revenue. All four bank stocks fell at the close of the day. In the third quarter of this year, J.P. Morgan Chase's revenue and net profit were US$50.907 billion and US$15.305 billion, respectively, down 12% and 28%, respectively; Citigroup's operating income and net profit were US$23.845 billion and US$5.245 billion, respectively, down 4% and 10%, respectively; Goldman Sachs Group's revenue and net profit were US$18.679 billion and US$5.294 billion, respectively; Wells Fargo's operating income and net profit were US$21.87 billion and US$5.951 billion, respectively, down 3 percent from the previous month. % and 7%.
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