BUZZ - US bank stocks: JPMorgan and Wells Fargo shares fall after releasing third-quarter earnings

October 13 - JPMorgan JPM.N

** Driven by strong performance in investment banking and trading business, third-quarter profit increased, but pre-market shares still fell 2.7%

** Boosted by a 15% increase in market division revenue and a 14% rise in investment banking fees, the bank's third-quarter profit (link) rose to $15.3 billion, or $5.57 per share

** JPMorgan’s stock has risen by about 3.7% so far this year

Wells Fargo WFC.N

** After reporting third-quarter (link) profit growth, Wells Fargo's shares fell 2.4% in pre-market trading

** The fourth-largest U.S. lender reported net profit of $5.95 billion, or $1.87 per share, compared to $5.59 billion, or $1.66 per share, in the same period last year

** The stock has declined about 10.6% since the beginning of the year

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