Which of JPM's business segments had the lowest net revenue in 2021 Q1?
Segment results managed basis
The following tables summarize the Firms results by segment for the periods indicated.
Three months ended March 31,
Consumer & Community Banking
Corporate & Investment Bank
Commercial Banking
(in millions, except ratios)
2021
2020
Change
2021
2020
Change
2021
2020
Change
Total net revenue
$ 12,517 
$ 13,287 
 (6) %
$ 14,605 
$ 10,003 
 46 %
$ 
2,393 
$ 
2,165 
 11 %
Total noninterest expense
 
7,202 
 
7,269 
 (1) 
 
7,104 
 
5,955 
 19 
 
969 
 
986 
 (2) 
Pre-provision profit/(loss)
 
5,315 
 
6,018 
 (12) 
 
7,501 
 
4,048 
 85 
 
1,424 
 
1,179 
 21 
Provision for credit losses
 
(3,602) 
 
5,772 
NM
 
(331) 
 
1,401 
NM
 
(118) 
 
1,010 
NM
Net income/(loss)
 
6,728 
 
197 
NM
 
5,740 
 
1,985 
 189 
 
1,168 
 
139 
NM
Return on equity (ROE)
 
54 % 
1 %
 27 %
 9 %
 19 %
 2 %
Three months ended March 31,
Asset & Wealth Management
Corporate
Total
(in millions, except ratios)
2021
2020
Change
2021
2020
Change
2021
2020
Change
Total net revenue
$ 
4,077 
$ 
3,389 
 20 %
$ 
(473) $ 
166 
NM
$ 33,119 
$ 29,010 
 14 %
Total noninterest expense
 
2,574 
 
2,435 
 6 
 
876 
146 
 500 
 
18,725 
 
16,791 
 12 
Pre-provision profit/(loss)
 
1,503 
 
954 
 58 
 
(1,349) 
20 
NM
 
14,394 
 
12,219 
 18 
Provision for credit losses
 
(121) 
 
94 
NM
 
16 
8 
 100 
 
(4,156) 
 
8,285 
NM
Net income/(loss)
 
1,244 
 
669 
 86 
 
(580) 
(125) 
 (364) 
 
14,300 
 
2,865 
 399 
ROE
 
35 % 
25 %
NM
NM
 23 %
 4 %
Corporate. Its net revenue was -$473 million.
14,605 > 12,517 > 4,077 > 2,393 > -473