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 earns biggest-ever annual profit as banking rebounds
JPMorgan Chase on Wednesday posted record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, sending shares of the biggest US bank up nearly 3 per cent in premarket trading.
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.
JPMorgan Chase and Goldman Sachs Post Surging Profits
Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs.
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.
JPMorgan Traders Notch Record Fourth Quarter on Volatility
JPMorgan Chase & Co.’s traders scored their biggest fourth-quarter haul ever, boosted by volatility tied to the US elections in November.
Could Buying JPMorgan Chase Stock Today Set You Up for Life?
F ew investors would argue that JPMorgan Chase (NYSE: JPM) isn't a solid company. After all, there's a reason it's the U.S.'s ...
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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.