July 15 (Reuters) - JPMorgan Chase's ( JPM ) profit fell

in the second quarter, reflecting a difficult comparison to last

year when the bank had recorded a one-time accounting gain.

Profit was $14.99 billion, or $5.24 per share, for the three

months ended June 30, compared with $18.15 billion, or $6.12 per

share, a year earlier, the largest U.S. bank said on Tuesday.

(Reporting by Niket Nishant in Bengaluru, editing by Lananh

Nguyen and Anil D'Silva)