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JPMorgan posts record profit
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. The largest U.S. bank also forecast its net interest income,
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 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 Chase, Q4 2024
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.
JPMorgan Chase (JPM) Q4 2024 Earnings Call Transcript
Welcome to JPMorgan Chase's fourth quarter 2024 earnings call. This call is being recorded. Your line will be muted for the duration of the call. We will now go live to the presentation. The presentation is available on JPMorgan Chase's website.
1d
JPMorgan's Q4 profit jumps 50% with tailwinds from lower expenses and a boost from loan activity
JPMorgan Chase's fourth-quarter profit rose by hefty 50% from the year-ago period on a jump in loan activity, lower provisions for credit losses and a drop in non-interest expenses. The bank reported ...
22h
Big Banks Kick Off Earnings. Wall Street Braces for Profit Surge.
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than ...
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