JPMorgan Chase reported Q3/15 net income of $6.8 billion, up 22% compared to $5.6 billion for the same quarter a year earlier. The bank noted a one-time Q3/15 tax benefit of $2.2 billion was included the results. Net of the benefit, Q3/15 earnings per share of $1.32 were off from $1.37 EPS expected by analysts.

Net revenue was $23.5 billion, down 6.4% from $25.1 billion, driven by lower Corporate & Investment Banking (CIB) markets revenue including business simplification and lower mortgage banking revenue.

“We had decent results this quarter. We saw the impact of a challenging global environment and continued low rates reflected in the wholesale businesses’ results, while the consumer businesses benefited from favorable trends and credit quality,” said Jamie Dimon, chairman and CEO. “Overall, our risk management discipline and diversified platforms across the businesses are serving us well.”