JP Morgan Q1 Earnings Report:

Quarterly revenue reached $46.01 billion, market expectations $44.11 billion, year-on-year +8%

Adjusted earnings per share $4.91, above expectations of $4.61

Interest income $22.6 billion (year-on-year -2%), affected by the Federal Reserve's interest rate cuts, narrowing deposit spreads, and reduced consumer deposits

Non-interest income $13.8 billion (year-on-year +20%), benefiting from growth in investment banking/asset management and a narrowing of securities losses

Market division revenue $9.7 billion (year-on-year +21%), particularly strong performance in equity trading

Investment banking growth shows that capital markets remain active despite tariff shadows

CEO: Strong performance but rising risks

Full-year guidance maintained at $90 billion

Interest income expectations and 3.6% credit card delinquency rate

Corporate and institutional deposits significantly increased, offsetting the negative impact of interest rate cuts on interest income

Customer interest rate sensitivity is low, no large-scale fund transfers occurred

High-yield credit business growth