The quarterly trend of the big US banks continues to amaze: after Citigroup , which suffered a 7 billion loan agreement net of which it did well, even JP Morgan beats analysts’ expectations: it marks a profit net of $ 5.99 billion in the second quarter of 2014, which means a result of $ 1.59 per share and therefore more than the $ 1.31 budgeted by the Bloomberg consensus .

Overall, the third bank to publish the results, however, saw profits fall by 8% compared to the same period last year. In the three months ended in June, the largest US asset bank has slipped compared to 6.496 billion profits, $ 1.60 per share, in the same period last year. Turnover fell 2% to 25.3 billion dollars, more than the 23.76 billion expected by the consensus. In the quarter, the company repurchased its own securities for 1.5 billion dollars.

On the accounts weigh 500 million legal fees, which had a negative impact of 13 cents per share at the profit level. “Despite continued market turmoil at the industry level, the company continued to record solid results,” commented CEO Jamie Dimon. “Towards the end of the second quarter,” he added

– we have seen encouraging signs in our activities and some improvement in market activity. Although it is too early to say that this trend will continue, we have confidence in the long-term growth of the economy, “concluded Dimon.