JPMorgan profit falls on slowdown in deals
April 13 (Reuters) - JPMorgan Chase & Co JPM.N reported a fall in first-quarter earnings on Wednesday, hurt by a slowdown in dealmaking brought on by the Ukraine conflict and a decline in trading revenue.
The largest U.S. bank by assets posted a profit of $8.28 billion, or $2.63 per share, in the quarter ended March 31, compared with $14.3 billion, or $4.50 per share, a year earlier.
Analysts on average had expected earnings of $2.69 per share, according to Refinitiv. It was not immediately clear if the reported numbers were comparable to estimates.
Reporting by Noor Zainab Hussain and Niket Nishant in Bengaluru and David Henry in New York; Editing by Saumyadeb Chakrabarty
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