New Delhi, Oct. 14 -- JPMorgan Chase reported its first quarterly profit miss first time in nearly three years as market volatility and an uncertain economic outlook slowed dealmaking and bond trading in recent months.

The bank reported a profit of $5.57 per share for the three months ended September 30. Analysts on average had expected $5.85 per share, according to estimates compiled by LSEG.

This came despite strong equities trading and growth in its lending business.

"JPMorgan may be a victim of its own success," said Brian Mulberry, chief market strategist at Zacks Investment Management, adding that the bank had set a "high bar to clear in Q3".

JPMorgan reported an 8% decline in third-quarter investment banking fees versus the sec...