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US banks post record first-half profits on capital markets strength, lower provisions

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US banks post record first-half profits on capital markets strength, lower provisions
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Robust capital markets activity and lower credit provisions lifted first-half earnings at leading US banks, but gains were concentrated among the largest, most diversified institutions. JPMorgan Chase led the group in absolute pre-tax profit, while limited margin expansion and slower revenue growth at regional lenders exposed a widening earnings divide.

https://tabinsights.com/article/us-banks-post-record-first-half-profits-on-capital-markets-strength--lower-provisions

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