{"id":35791,"date":"2012-10-12T11:38:00","date_gmt":"2012-10-12T11:38:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/"},"modified":"2012-10-12T11:38:00","modified_gmt":"2012-10-12T11:38:00","slug":"jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/","title":{"rendered":"JPMorgan Chase &#8211; JPM &#8211; Record Third-Quarter 2012 Net Income of $5.7 Billion"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><strong>JPMorgan Chase &amp; Co. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=JPM\">NYSE: JPM<\/a>)<\/strong> reported record net income for third-quarter 2012 of $5.7 billion, compared with net income of $4.3 billion in the third quarter of 2011. Earnings per share were a record $1.40, compared with $1.02 in the third quarter of 2011. The Firm&#8217;s return on tangible common equity for the third quarter of 2012 was 16%, compared with 13% in the prior year.<\/p>\n<p><strong>JPM &#8211; Strong Performance Across All Businesses<\/strong><\/p>\n<ul>\n<li><strong>Continued momentum in all our businesses; strong lending in Commercial Banking, Business Banking, Mortgage Banking and Asset Management<\/strong><\/li>\n<\/ul>\n<ul>\n<li>Investment Bank reported favorable Fixed Income results; maintained #1 ranking for Global Investment Banking fees<\/li>\n<li>Consumer &amp; Business Banking average deposits up 9%; Business Banking loan growth for the eighth consecutive quarter to a record $19 billion, up 8%<\/li>\n<li>Mortgage Banking record production revenue; originations of $47 billion, up 29%<\/li>\n<li>Credit Card sales volume1 up 11%<\/li>\n<li>Commercial Banking reported record revenue; loan growth for the ninth consecutive quarter to a record $124 billion, up 15%<\/li>\n<li>Treasury &amp; Securities Services reported record assets under custody of $18.2 trillion, up 12%<\/li>\n<li>Asset Management reported fourteenth consecutive quarter of positive net long-term product flows; record loan balances of $75 billion<\/li>\n<\/ul>\n<ul>\n<li><strong>JPMorgan Chase supported consumers, businesses and our communities<\/strong><\/li>\n<\/ul>\n<ul>\n<li>Provided $200 billion of credit to consumers YTD; originated 664,000 mortgages YTD<\/li>\n<li>Provided $15 billion of credit to U.S. small businesses YTD, up 21%<\/li>\n<li>Provided over $380 billion of credit to corporations YTD<\/li>\n<li>Raised nearly $670 billion of capital for clients YTD<\/li>\n<li>$52 billion of capital raised and credit provided for more than 1,300 nonprofit and government entities YTD, including states, municipalities, hospitals and universities<\/li>\n<li>Hired more than 4,500 U.S. veterans since the beginning of 2011<\/li>\n<\/ul>\n<ul>\n<li><strong>Third-quarter results included the following significant items:<\/strong><\/li>\n<\/ul>\n<ul>\n<li>$900 million pretax benefit ($0.14 per share after-tax increase in earnings) from reduced mortgage loan loss reserves in Real Estate Portfolios<\/li>\n<li>$825 million pretax incremental charge-offs ($0.13 per share after-tax decrease in earnings) due to regulatory guidance on certain residential loans in Real Estate Portfolios<\/li>\n<li>$888 million pretax benefit ($0.14 per share after-tax increase in earnings) due to extinguishment gains on redeemed trust preferred capital debt securities in Corporate<\/li>\n<li>$684 million pretax expense ($0.11 per share after-tax decrease in earnings) for additional litigation reserves in Corporate<\/li>\n<\/ul>\n<ul>\n<li><strong>Fortress balance sheet strengthened<\/strong><\/li>\n<\/ul>\n<ul>\n<li>Basel I Tier 1 common of $135 billion; or 10.4%, up from 9.9% in the prior quarter<\/li>\n<li>Estimated Basel III Tier 1 common of 8.4%, up from 7.9% in the prior quarter<\/li>\n<li>Loan loss reserves of $23 billion; Global Liquidity Reserve of $449 billion<\/li>\n<\/ul>\n<p><strong>About JPMorgan Chase &amp; Co. &#8211; JPM<\/strong><\/p>\n<p class=\"MsoNormal\">JPMorgan Chase &amp; Co. (JPM) is a leading global financial services firm with assets of $2.3 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a> Industrial Average, JPMorgan Chase &amp; Co. serves millions of consumers in the United States and many of the world&#8217;s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#JPM_Reports_Record_Third-Quarter_2012_Net_Income_of_57_Billion_or_Record_140_per_Share_on_Revenueof_259_Billion_JPM_%E2%80%93_Strong_Performance_Across_All_Businesses\" >JPM Reports Record Third-Quarter 2012 Net Income of $5.7 Billion, or Record $1.40 per Share, on Revenueof $25.9 Billion\nJPM &#8211; Strong Performance Across All Businesses<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#%C2%B7_Continued_momentum_in_all_our_businesses_strong_lending_in_Commercial_Banking_Business_Banking_Mortgage_Banking_and_Asset_Management\" >\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Continued momentum in all our businesses; strong lending in Commercial Banking, Business Banking, Mortgage Banking and Asset Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Investment_Bank_reported_favorable_Fixed_Income_results_maintained_1_ranking_for_Global_Investment_Banking_fees\" >o\u00a0\u00a0 Investment Bank reported favorable Fixed Income results; maintained #1 ranking for Global Investment Banking fees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Consumer_Business_Banking_average_deposits_up_9_Business_Banking_loan_growth_for_the_eighth_consecutive_quarter_to_a_record_19_billion_up_8\" >o\u00a0\u00a0 Consumer &amp; Business Banking average deposits up 9%; Business Banking loan growth for the eighth consecutive quarter to a record $19 billion, up 8%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Mortgage_Banking_record_production_revenue_originations_of_47_billion_up_29\" >o\u00a0\u00a0 Mortgage Banking record production revenue; originations of $47 billion, up 29%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Credit_Card_sales_volume1_up_11\" >o\u00a0\u00a0 Credit Card sales volume1 up 11%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Commercial_Banking_reported_record_revenue_loan_growth_for_the_ninth_consecutive_quarter_to_a_record_124_billion_up_15\" >o\u00a0\u00a0 Commercial Banking reported record revenue; loan growth for the ninth consecutive quarter to a record $124 billion, up 15%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Treasury_Securities_Services_reported_record_assets_under_custody_of_182_trillion_up_12\" >o\u00a0\u00a0 Treasury &amp; Securities Services reported record assets under custody of $18.2 trillion, up 12%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Asset_Management_reported_fourteenth_consecutive_quarter_of_positive_net_long-term_product_flows_record_loan_balances_of_75_billion\" >o\u00a0\u00a0 Asset Management reported fourteenth consecutive quarter of positive net long-term product flows; record loan balances of $75 billion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#%C2%B7_JPMorgan_Chase_supported_consumers_businesses_and_our_communities\" >\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 JPMorgan Chase supported consumers, businesses and our communities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Provided_200_billion_of_credit_to_consumers_YTD_originated_664000_mortgages_YTD\" >o\u00a0\u00a0 Provided $200 billion of credit to consumers YTD; originated 664,000 mortgages YTD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Provided_15_billion_of_credit_to_US_small_businesses_YTD_up_21\" >o\u00a0\u00a0 Provided $15 billion of credit to U.S. small businesses YTD, up 21%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Provided_over_380_billion_of_credit_to_corporations_YTD\" >o\u00a0\u00a0 Provided over $380 billion of credit to corporations YTD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Raised_nearly_670_billion_of_capital_for_clients_YTD\" >o\u00a0\u00a0 Raised nearly $670 billion of capital for clients YTD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_52_billion_of_capital_raised_and_credit_provided_for_more_than_1300_nonprofit_and_government_entities_YTD_including_states_municipalities_hospitals_and_universities\" >o\u00a0\u00a0 $52 billion of capital raised and credit provided for more than 1,300 nonprofit and government entities YTD, including states, municipalities, hospitals and universities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Hired_more_than_4500_US_veterans_since_the_beginning_of_2011\" >o\u00a0\u00a0 Hired more than 4,500 U.S. veterans since the beginning of 2011<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#%C2%B7_Third-quarter_results_included_the_following_significant_items\" >\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Third-quarter results included the following significant items:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_900_million_pretax_benefit_014_per_share_after-tax_increase_in_earnings_from_reduced_mortgage_loan_loss_reserves_in_Real_Estate_Portfolios\" >o\u00a0\u00a0 $900 million pretax benefit ($0.14 per share after-tax increase in earnings) from reduced mortgage loan loss reserves in Real Estate Portfolios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_825_million_pretax_incremental_charge-offs_013_per_share_after-tax_decrease_in_earnings_due_to_regulatory_guidance_on_certain_residential_loans_in_Real_Estate_Portfolios\" >o\u00a0\u00a0 $825 million pretax incremental charge-offs ($0.13 per share after-tax decrease in earnings) due to regulatory guidance on certain residential loans in Real Estate Portfolios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_888_million_pretax_benefit_014_per_share_after-tax_increase_in_earnings_due_to_extinguishment_gains_on_redeemed_trust_preferred_capital_debt_securities_in_Corporate\" >o\u00a0\u00a0 $888 million pretax benefit ($0.14 per share after-tax increase in earnings) due to extinguishment gains on redeemed trust preferred capital debt securities in Corporate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_684_million_pretax_expense_011_per_share_after-tax_decrease_in_earnings_for_additional_litigation_reserves_in_Corporate\" >o\u00a0\u00a0 $684 million pretax expense ($0.11 per share after-tax decrease in earnings) for additional litigation reserves in Corporate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#%C2%B7_Fortress_balance_sheet_strengthened\" >\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Fortress balance sheet strengthened<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Basel_I_Tier_1_common_of_135_billion_or_104_up_from_99_in_the_prior_quarter\" >o\u00a0\u00a0 Basel I Tier 1 common of $135 billion; or 10.4%, up from 9.9% in the prior quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Estimated_Basel_III_Tier_1_common_of_84_up_from_79_in_the_prior_quarter\" >o\u00a0\u00a0 Estimated Basel III Tier 1 common of 8.4%, up from 7.9% in the prior quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/jpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion\/35791\/#o_Loan_loss_reserves_of_23_billion_Global_Liquidity_Reserve_of_449_billion\" >o\u00a0\u00a0 Loan loss reserves of $23 billion; Global Liquidity Reserve of $449 billion<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"JPM_Reports_Record_Third-Quarter_2012_Net_Income_of_57_Billion_or_Record_140_per_Share_on_Revenueof_259_Billion_JPM_%E2%80%93_Strong_Performance_Across_All_Businesses\"><\/span><span style=\"font-size: 11.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; color: windowtext; font-weight: normal; mso-bidi-font-weight: bold;\">JPM Reports Record Third-Quarter 2012 Net Income of $5.7 Billion, or Record $1.40 per Share, on Revenueof $25.9 Billion<\/p>\n<p>JPM &#8211; Strong Performance Across All Businesses<\/p>\n<p><\/span><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h3 style=\"margin-left: 0.5in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"%C2%B7_Continued_momentum_in_all_our_businesses_strong_lending_in_Commercial_Banking_Business_Banking_Mortgage_Banking_and_Asset_Management\"><\/span><span style=\"font-size: 11.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">\u00b7<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Continued momentum in all our businesses; strong lending in Commercial Banking, Business Banking, Mortgage Banking and Asset Management<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Investment_Bank_reported_favorable_Fixed_Income_results_maintained_1_ranking_for_Global_Investment_Banking_fees\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Investment Bank reported favorable Fixed Income results; maintained #1 ranking for Global Investment Banking fees<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Consumer_Business_Banking_average_deposits_up_9_Business_Banking_loan_growth_for_the_eighth_consecutive_quarter_to_a_record_19_billion_up_8\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Consumer &amp; Business Banking average deposits up 9%; Business Banking loan growth for the eighth consecutive quarter to a record $19 billion, up 8% <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Mortgage_Banking_record_production_revenue_originations_of_47_billion_up_29\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Mortgage Banking record production revenue; originations of $47 billion, up 29% <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Credit_Card_sales_volume1_up_11\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Credit Card sales volume<sup>1<\/sup> up 11% <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Commercial_Banking_reported_record_revenue_loan_growth_for_the_ninth_consecutive_quarter_to_a_record_124_billion_up_15\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Commercial Banking reported record revenue; loan growth for the ninth consecutive quarter to a record $124 billion, up 15%<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Treasury_Securities_Services_reported_record_assets_under_custody_of_182_trillion_up_12\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Treasury &amp; Securities Services reported record assets under custody of $18.2 trillion, up 12% <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Asset_Management_reported_fourteenth_consecutive_quarter_of_positive_net_long-term_product_flows_record_loan_balances_of_75_billion\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Asset Management reported fourteenth consecutive quarter of positive net long-term product flows; record loan balances of $75 billion<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 0.5in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"%C2%B7_JPMorgan_Chase_supported_consumers_businesses_and_our_communities\"><\/span><span style=\"font-size: 11.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">\u00b7<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">JPMorgan Chase supported consumers, businesses and our communities<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Provided_200_billion_of_credit_to_consumers_YTD_originated_664000_mortgages_YTD\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Provided $200 billion of credit to consumers YTD; originated 664,000 mortgages YTD<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Provided_15_billion_of_credit_to_US_small_businesses_YTD_up_21\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Provided $15 billion of credit to U.S. small businesses YTD, up 21%<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Provided_over_380_billion_of_credit_to_corporations_YTD\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Provided over $380 billion of credit to corporations YTD<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Raised_nearly_670_billion_of_capital_for_clients_YTD\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Raised nearly $670 billion of capital for clients YTD<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_52_billion_of_capital_raised_and_credit_provided_for_more_than_1300_nonprofit_and_government_entities_YTD_including_states_municipalities_hospitals_and_universities\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">$52 billion of capital raised and credit provided for more than 1,300 nonprofit and government entities YTD, including states, municipalities, hospitals and universities<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Hired_more_than_4500_US_veterans_since_the_beginning_of_2011\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Hired more than 4,500 U.S. veterans since the beginning of 2011 <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 0.5in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"%C2%B7_Third-quarter_results_included_the_following_significant_items\"><\/span><span style=\"font-size: 11.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">\u00b7<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Third-quarter results included the following significant items:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_900_million_pretax_benefit_014_per_share_after-tax_increase_in_earnings_from_reduced_mortgage_loan_loss_reserves_in_Real_Estate_Portfolios\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">$900 million pretax benefit ($0.14 per share after-tax increase in earnings) from reduced mortgage loan loss reserves in Real Estate Portfolios<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_825_million_pretax_incremental_charge-offs_013_per_share_after-tax_decrease_in_earnings_due_to_regulatory_guidance_on_certain_residential_loans_in_Real_Estate_Portfolios\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">$825 million pretax incremental charge-offs ($0.13 per share after-tax decrease in earnings) due to regulatory guidance on certain residential loans in Real Estate Portfolios <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_888_million_pretax_benefit_014_per_share_after-tax_increase_in_earnings_due_to_extinguishment_gains_on_redeemed_trust_preferred_capital_debt_securities_in_Corporate\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">$888 million pretax benefit ($0.14 per share after-tax increase in earnings) due to extinguishment gains on redeemed trust preferred capital debt securities in Corporate<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_684_million_pretax_expense_011_per_share_after-tax_decrease_in_earnings_for_additional_litigation_reserves_in_Corporate\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">$684 million pretax expense ($0.11 per share after-tax decrease in earnings) for additional litigation reserves in Corporate<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 0.5in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"%C2%B7_Fortress_balance_sheet_strengthened\"><\/span><span style=\"font-size: 11.0pt; font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">\u00b7<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Fortress balance sheet strengthened<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Basel_I_Tier_1_common_of_135_billion_or_104_up_from_99_in_the_prior_quarter\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Basel I Tier 1 common of $135 billion; or 10.4%, up from 9.9% in the prior quarter <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Estimated_Basel_III_Tier_1_common_of_84_up_from_79_in_the_prior_quarter\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Estimated Basel III Tier 1 common of 8.4%, up from 7.9% in the prior quarter<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"margin-left: 1in; text-indent: -0.25in;\"><span class=\"ez-toc-section\" id=\"o_Loan_loss_reserves_of_23_billion_Global_Liquidity_Reserve_of_449_billion\"><\/span><span style=\"font-size: 11.0pt; font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; font-weight: normal; mso-bidi-font-weight: bold;\"><span style=\"mso-list: Ignore;\">o<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 11.0pt; font-weight: normal; mso-bidi-font-weight: bold;\">Loan loss reserves of $23 billion; Global Liquidity Reserve of $449 billion<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"MsoNormal\"><span style=\"font-family: 'Times New Roman','serif';\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family: 'Times New Roman','serif';\">About JPMorgan Chase &amp; Co. \u2013 JPM <\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family: 'Times New Roman','serif';\">JPMorgan Chase &amp; Co. (JPM) is a leading global financial services firm with assets of $2.3 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a> Industrial Average, JPMorgan Chase &amp; Co. serves millions of consumers in the United States and many of the world&#8217;s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. <\/span><\/p>\n<p><!--[if gte mso 9]><xml><br \/>\n <w:WordDocument><br \/>\n  <w:View>Normal<\/w:View><br \/>\n  <w:Zoom>0<\/w:Zoom><br \/>\n  <w:TrackMoves\/><br \/>\n  <w:TrackFormatting\/><br \/>\n  <w:PunctuationKerning\/><br \/>\n  <w:ValidateAgainstSchemas\/><br \/>\n  <w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid><br \/>\n  <w:IgnoreMixedContent>false<\/w:IgnoreMixedContent><br \/>\n  <w:AlwaysShowPlaceholderText>false<\/w:AlwaysShowPlaceholderText><br \/>\n  <w:DoNotPromoteQF\/><br \/>\n  <w:LidThemeOther>EN-US<\/w:LidThemeOther><br \/>\n  <w:LidThemeAsian>X-NONE<\/w:LidThemeAsian><br \/>\n  <w:LidThemeComplexScript>X-NONE<\/w:LidThemeComplexScript><br \/>\n  <w:Compatibility><br \/>\n   <w:BreakWrappedTables\/><br \/>\n   <w:SnapToGridInCell\/><br \/>\n   <w:WrapTextWithPunct\/><br \/>\n   <w:UseAsianBreakRules\/><br \/>\n   <w:DontGrowAutofit\/><br \/>\n   <w:SplitPgBreakAndParaMark\/><br \/>\n   <w:EnableOpenTypeKerning\/><br \/>\n   <w:DontFlipMirrorIndents\/><br \/>\n   <w:OverrideTableStyleHps\/><br \/>\n  <\/w:Compatibility><br \/>\n  <m:mathPr><br \/>\n   <m:mathFont m:val=\"Cambria Math\"\/><br \/>\n   <m:brkBin m:val=\"before\"\/><br \/>\n   <m:brkBinSub m:val=\"&#45;-\"\/><br \/>\n   <m:smallFrac m:val=\"off\"\/><br \/>\n   <m:dispDef\/><br \/>\n   <m:lMargin m:val=\"0\"\/><br \/>\n   <m:rMargin m:val=\"0\"\/><br \/>\n   <m:defJc m:val=\"centerGroup\"\/><br \/>\n   <m:wrapIndent m:val=\"1440\"\/><br \/>\n   <m:intLim m:val=\"subSup\"\/><br \/>\n   <m:naryLim m:val=\"undOvr\"\/><br \/>\n  <\/m:mathPr><\/w:WordDocument><br \/>\n<\/xml><![endif]--><!--[if gte mso 9]><xml><br \/>\n <w:LatentStyles DefLockedState=\"false\" DefUnhideWhenUsed=\"true\"<br \/>\n  DefSemiHidden=\"true\" DefQFormat=\"false\" DefPriority=\"99\"<br \/>\n  LatentStyleCount=\"267\"><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"0\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Normal\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"9\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"heading 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"9\" QFormat=\"true\" Name=\"heading 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"9\" QFormat=\"true\" Name=\"heading 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"9\" QFormat=\"true\" Name=\"heading 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"9\" QFormat=\"true\" Name=\"heading 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"9\" QFormat=\"true\" Name=\"heading 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"9\" QFormat=\"true\" Name=\"heading 7\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"9\" QFormat=\"true\" Name=\"heading 8\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"9\" QFormat=\"true\" Name=\"heading 9\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"39\" Name=\"toc 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"39\" Name=\"toc 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"39\" Name=\"toc 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"39\" Name=\"toc 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"39\" Name=\"toc 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"39\" Name=\"toc 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"39\" Name=\"toc 7\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"39\" Name=\"toc 8\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"39\" Name=\"toc 9\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"35\" QFormat=\"true\" Name=\"caption\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"10\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Title\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"1\" Name=\"Default Paragraph Font\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"11\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Subtitle\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"22\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Strong\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"20\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Emphasis\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"59\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Table Grid\"\/><br \/>\n  <w:LsdException Locked=\"false\" UnhideWhenUsed=\"false\" Name=\"Placeholder Text\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"1\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"No Spacing\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"60\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Shading\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"61\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light List\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"62\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Grid\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"63\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"64\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"65\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"66\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"67\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"68\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"69\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"70\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Dark List\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"71\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Shading\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"72\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful List\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"73\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Grid\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"60\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Shading Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"61\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light List Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"62\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Grid Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"63\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 1 Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"64\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 2 Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"65\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 1 Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" UnhideWhenUsed=\"false\" Name=\"Revision\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"34\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"List Paragraph\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"29\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Quote\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"30\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Intense Quote\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"66\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 2 Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"67\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 1 Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"68\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 2 Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"69\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 3 Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"70\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Dark List Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"71\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Shading Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"72\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful List Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"73\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Grid Accent 1\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"60\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Shading Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"61\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light List Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"62\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Grid Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"63\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 1 Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"64\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 2 Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"65\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 1 Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"66\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 2 Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"67\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 1 Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"68\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 2 Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"69\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 3 Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"70\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Dark List Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"71\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Shading Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"72\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful List Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"73\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Grid Accent 2\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"60\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Shading Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"61\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light List Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"62\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Grid Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"63\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 1 Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"64\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 2 Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"65\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 1 Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"66\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 2 Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"67\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 1 Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"68\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 2 Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"69\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 3 Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"70\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Dark List Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"71\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Shading Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"72\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful List Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"73\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Grid Accent 3\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"60\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Shading Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"61\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light List Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"62\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Grid Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"63\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 1 Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"64\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 2 Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"65\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 1 Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"66\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 2 Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"67\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 1 Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"68\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 2 Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"69\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 3 Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"70\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Dark List Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"71\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Shading Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"72\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful List Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"73\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Grid Accent 4\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"60\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Shading Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"61\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light List Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"62\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Grid Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"63\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 1 Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"64\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 2 Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"65\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 1 Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"66\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 2 Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"67\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 1 Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"68\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 2 Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"69\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 3 Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"70\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Dark List Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"71\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Shading Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"72\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful List Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"73\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Grid Accent 5\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"60\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Shading Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"61\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light List Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"62\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Light Grid Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"63\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 1 Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"64\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Shading 2 Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"65\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 1 Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"66\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium List 2 Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"67\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 1 Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"68\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 2 Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"69\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Medium Grid 3 Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"70\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Dark List Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"71\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Shading Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"72\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful List Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"73\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" Name=\"Colorful Grid Accent 6\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"19\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Subtle Emphasis\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"21\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Intense Emphasis\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"31\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Subtle Reference\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"32\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Intense Reference\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"33\" SemiHidden=\"false\"<br \/>\n   UnhideWhenUsed=\"false\" QFormat=\"true\" Name=\"Book Title\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"37\" Name=\"Bibliography\"\/><br \/>\n  <w:LsdException Locked=\"false\" Priority=\"39\" QFormat=\"true\" Name=\"TOC Heading\"\/><br \/>\n <\/w:LatentStyles><br \/>\n<\/xml><![endif]--><!--[if gte mso 10]><\/p>\n\n\n\n\n<style>\n \/* Style Definitions *\/\n table.MsoNormalTable\n\t{mso-style-name:\"Table Normal\";\n\tmso-tstyle-rowband-size:0;\n\tmso-tstyle-colband-size:0;\n\tmso-style-noshow:yes;\n\tmso-style-priority:99;\n\tmso-style-parent:\"\";\n\tmso-padding-alt:0in 5.4pt 0in 5.4pt;\n\tmso-para-margin-top:0in;\n\tmso-para-margin-right:0in;\n\tmso-para-margin-bottom:10.0pt;\n\tmso-para-margin-left:0in;\n\tline-height:115%;\n\tmso-pagination:widow-orphan;\n\tfont-size:11.0pt;\n\tfont-family:\"Calibri\",\"sans-serif\";\n\tmso-ascii-font-family:Calibri;\n\tmso-ascii-theme-font:minor-latin;\n\tmso-hansi-font-family:Calibri;\n\tmso-hansi-theme-font:minor-latin;\n\tmso-bidi-font-family:\"Times New Roman\";\n\tmso-bidi-theme-font:minor-bidi;}\n<\/style>\n\n\n\n\n<p><![endif]--><\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"www2.thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20121014030708\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.2\/?tag=nrelate_popular&domain=www2.thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fwww2.thestockmarketwatch.com%2Fstock-market-news%2Fjpmorgan-chase-jpm-record-third-quarter-2012-net-income-of-5-7-billion%2F35791&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/j-b-hunt-transport-shares-rally-on-q3-results-jbht\/35848\">\nJ.B. Hunt Transport Shares Rally on Q3 Results (JBHT)<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-settle-lower-23\/35847\">\nGold Prices Settle Lower<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-end-on-a-mixed-note-49\/35846\">\nStocks End on a Mixed Note<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-lower-silver-prices-also-in-red\/35821\">\nGold Prices Lower; Silver Prices also in Red<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-in-red-in-late-trading-9\/35820\">\nStocks in Red in Late Trading<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wells-fargo-company-wfc-record-net-income-of-4-9-billion-up-27-percent\/35793\">\nWells Fargo &#038; Company &#8211; WFC &#8211; Record net income of $4.9 billion, up 27 percent<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/exacttarget-et-acquires-igodigital\/35792\">\nExactTarget &#8211; ET &#8211; Acquires iGoDigital<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20121014030708im_\/http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/userphoto\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nEd Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n<script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script>\n\n\t\t\t\t\t\t\n\n\t\n\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan Chase &amp; Co. (NYSE: JPM) reported record net income for third-quarter 2012 of $5.7 billion, compared with net income [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[6],"tags":[174],"class_list":["post-35791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot-stocks-to-watch","tag-jpm"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/35791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=35791"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/35791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=35791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=35791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=35791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}