JPMorgan Chase reported a strong QQ2 2024 quarter highlighted by record revenue and solid profitability, supported by a favorable mix of wholesale and consumer franchise momentum. The firm posted revenue of $67.84B, net income of $18.15B, and EPS of $6.13, with ROTCE of 28% including a $7.9B Visa-related gain and a $1.0B foundation contribution; excluding these items, ROTCE was 20%. Core drivers included a 50% YoY increase in investment banking fees and a 10% YoY rise in market revenue within the Corporate & Investment Bank (CIB), alongside continued client acquisition in Consumer and Community Banking (CCB) and robust asset and wealth management (AWM) inflows. Net interest income (NII) and non-interest revenue (NIR) ex-Markets rose modestly and materially respectively, reflecting higher rates, balance sheet mix, and the incremental First Republic portfolio, partially offset by deposit margin compression and net reserve dynamics. The balance sheet remains highly capitalized, with a CET1 ratio at 15.3% and a planned dividend increase to $1.25 per share in 3Q24, signaling a disciplined, earnings-driven approach to capital management.