Six big New York-area banks reported third-quarter earnings Thursday, and the news was all good.

Net interest margins and loans rose, and credit problems dropped at the retail-oriented companies. Trading gains and strong merchant banking profits fueled results at J.P. Morgan & Co., the biggest bank company to report.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.