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StockWatch: JP Morgan Drops by 6% on Earnings Call!

Name: StockWatch: JP Morgan Drops by 6% on Earnings Call!
Uploaded: 2022-01-17
Channel: David Kindley
Description: JP Morgan shares dropped after the bank posted its smallest quarterly earnings beat in nearly two years. Higher-than-expected expenses drove a 14% decline in Q4 profits to $10.4 billion.Wells Fargo however exceeded analysts’ expectations with a signi

By David Kindley Last updated Jan 19, 2026 260 0

JP Morgan shares dropped after the bank posted its smallest quarterly earnings beat in nearly two years. Higher-than-expected expenses drove a 14% decline in Q4 profits to $10.4 billion.

Wells Fargo however exceeded analysts’ expectations with a significant jump in profit.

Shares of the bank climbed by 3.7% following the earnings announcement.

Timestamps:

JPM 01:35
WFH 03:00

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David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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