BlockBeats News, July 14th, JPMorgan Chase announced its highest ever quarterly profit, with stock trading revenue far surpassing analyst expectations. In addition, the $46 billion gain from its long-held Visa Inc. shares contributed to this record-breaking performance.

According to a statement released by JPMorgan Chase on Tuesday, stock trading revenue in the second quarter grew by 86% year-over-year, reaching $6.03 billion. This not only exceeded the highest expectations among analysts but also propelled total trading revenue to $12.1 billion, surpassing the historical high set in the first quarter of this year.