JPMorgan Chase said the first quarter results than expected on Friday. CEO Jamie Dimon noted that the bank’s financial results are “strong,” the bank also warned that the Bank was preparing for “turbulence” in the US economy.
JPMorgan’s first quarter The 2025 revenue is $ 46.01 billion and more than an analytical expectations and more than an increase of 8% per annum from analytical expectations. The Bank said that in the first quarter in the first quarter than about 9%.
69, JPMorgan added 500,000 new inspection accounts in the quarter and has risen to $ 9.7 billion in the markets, wrote a “very strong quarter” market.
However, Dimon warned that uncertain economic conditions are ahead. He said that potential regulation, tax reduction, inflation, high financial shortcomings and tariffs can affect the economy and are preparing for the end of JPMorgan.
Related: ‘It has to stop’: JPMorgan CEO Jamie Dimon explains how a successful meeting works
“Economy, tax reforms and regulations are of potential and potential disadvantages of potential and ‘trade wars, including geopolitics or” geopolitics “, but always prepare for the company for extensive scenarios.”
Jpmorgan CEO Jamie Dimon. Photo by Noam Galai / Getty Images
Some economic issues listed in the list saw new updates this week. A bill supported by Tax Reform, President Donald Trump, this draft law that tries to reduce up to about $ 5 trillion, received the US House of Representatives on Thursday. Trump has also signed an executive order to compile a list of anti-competition regulations to refuse to lead the leadership of the Federal Agency on Wednesday.
On tariffs, 145% fees in China this week. The movement led to 125% in the United States on Friday caused a holiday trade war and legislation from China.
“It is absolutely acceptable to say we want to trade,” Dimon said Fox’s work He asked what he thought about the tariffs earlier this week. “But I want to say Americans, we have the best economy in the world.”
Related: ‘A lot of people working things, a warm confusion’: JPMorgan Chase CEO Jamie Dimon shares four advice for leaders
Dimon pointed to the size of the US GDP. According to the World Bank, the United States is $ 27.72 trillion in US GDP in 2023 and $ 17.79 trillion from China in the same year.
JPMorgan is the largest bank in the United States, the total assets are about $ 3.5 trillion.