More on JPMorgan (JPM) Q1 earnings: Earnings received an $0.18 benefit from reduced loan loss...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

More on JPMorgan (JPM) Q1 earnings: Earnings received an $0.18 benefit from reduced loan loss reserves in mortgages and credit cards, but the business of banking - loan growth - slowed "across the industry," says Jamie Dimon. Consumer & Community banking revenues off 6% Y/Y. Commercial Banking revenue about flat Y/Y. Basel Tier 1 equity ratio of 10.2%. Dividend hike in Q2 to $0.38 from $0.30. Bank bought back $2.6B in stock in Q1, with an additional $6B authorized over next year. Shares -1% premarket. (PR)