Highlights from JPMorgan Chase 1st-Q Earnings:
1) "After adjusting the prior-year results for the impact of the deconsolidation of Paymentech, noninterest revenue was up 5% due to higher charge volume, resulting in increased interchange income..."
2) "Merchant processing volume of $147.7 billion increased by $22.6 billion, or 18%, and total transactions of 4.1 billion increased by 671 million, or 19%, from the prior year."
3) "Card Services earnings benefit from lower credit losses."
[source: Businesswire]
