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More on JPMorgan (JPM): Net interest margin declines to 2.43% from 2.47%. Sequential loan growth...
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Friday, October 12, 2012, 7:22 AM ETMore on JPMorgan (JPM): Net interest margin declines to 2.43% from 2.47%. Sequential loan growth goes negative, -0.77%, but 3.6% higher Y/Y. Corporate division (CIO office) shows a big swing, with Q3 profit of $221M vs. $1.78B loss in Q2. $900M gain ($0.14/share) booked from reduced mortgage loan loss reserves. Dimon: "Importantly, we believe the housing market has turned." Shares +1.3% premarket. (PR)
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