JPMorgan Q1 Revenue Beats Forecast $50.5B

JPMorgan Chase reported adjusted Q1 revenue of $50.54 billion, surpassing Bloomberg consensus of $49.26 billion.
Net income rose to $16.5 billion ($5.94 per share), up from $14.6 billion ($5.07) a year earlier.
Markets revenue jumped 20% and advisory fees rose 28%, the highest among Wall Street banks, driven by market volatility.
JPMorgan acted as bookrunner for Amazon’s $37 billion bond and lead adviser on AES’s $33.4 billion take‑private deal.