JPMorgan Chase posts record profit as the bank's massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
JPMorgan earns biggest-ever annual profit as investment bankers ride rebound
JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, it reported on Wednesday.
JPMorgan Chase Earnings: Profit Leaps, Boosted by Strong Revenue Across Businesses
JPMorgan Chase is out with its fourth-quarter results and it's a blowout report. Here are the highlights: Profit was up 50%. That amounted to $4.81 a share, well above what analysts polled by FactSet expected at $4.
JPMorgan Reports Record Profit of Nearly $60 Billion in 2024
JPMorgan Chase, the largest bank in the U.S. by assets, reported fourth-quarter net income of $14 billion, topping Wall Street’s expectations of $11.7 billion. Quarterly profit rose 50% from a year earlier.
JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.
JPMorgan Chase’s Profit Jumps 50%
Activity on Wall Street helped buoy the bank’s fourth-quarter earnings.
JPMorgan Chase Q4 Profit Surges
JPMorgan posted net income of $14.005 billion or $4.81 per share for the fourth quarter, compared with $9.307 billion or $3.04 per share in the same quarter a year ago. On average, 12 analysts expected earnings of $4.04 per share for the quarter. Analysts' estimates typically exclude special items.
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JPMorgan posts record annual profit
JPMorgan Chase (JPM.N) has posted record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter. The banking giant was buoyed by a strong ...
Here's The Jaw-Dropping Total JPMorgan Chase Paid To Fight Legal Battles Over Two Years
Recently, the Consumer Financial Protection Bureau (CFPB) initiated a lawsuit against JPMorgan, along with Bank of America , Wells Fargo, and Zelle, for alleged failures to address widespread fraud ...
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JPMorgan posts record profit; succession plan undetermined
JPMorgan Chase closed out 2024 with a record profit and a financial performance that handily beat analyst expectations, as credit quality remained solid and investment banking fees surged.
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Inside JPMorgan’s Return-to-Office Battle: A Secret Survey, Quiet Quitting, and More Microwaves
Internal JPMorgan documents offer a rare inside look at how one corporation is planning for post-pandemic work—and preparing ...