Banking and financial service company JPMorgan Chase & Co. (JPM, Financial) was a strong performer during the quarter as the financials sector led the market higher and investors became more comfortable that JPMorgan has addressed its earlier trading issues. Overall, the company continued to demonstrate very strong underlying performance across most of its key businesses, while capital levels remained very healthy.
From Diamond Hill Capital's Third Quarter Large Cap Fund Commentary.
From Diamond Hill Capital's Third Quarter Large Cap Fund Commentary.