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JPMorgan posts record profit
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 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, Net Income Jumps
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's Net Income Jumps 50% to More Than $14 Billion 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
Wall Street, Bank of America and Profits
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 they did a year ago, thanks to solid consumer spending, higher stock prices and trading activity,
Profits at Wall Street banks jump with trading strength, dealmaking rebound
Profits at some of the biggest U.S. lenders rose in the fourth quarter as dealmaking picked up and trading was boosted by strong equity markets, sparking a rally in banking stocks on Wednesday. The market environment has been favorable for banks.
US earnings latest: Wall Street profits surge on trading boom
Wall Street banks JPMorgan Chase, Goldman Sachs and Citigroup notched up strong rises in profits at the end of last year, powered by a boom in trading and dealmaking. JPMorgan’s net earnings rose 50 per cent per cent to $14bn,
21h
JPMorgan Chase's Q4 Results Top Estimates as Investment Banking Fees Surge
JPMorgan Chase reported fourth-quarter results Wednesday that came in above analysts' expectations as investment banking fees ...
9h
on MSN
JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive
Fresh off a record year for profit and revenue, JPMorgan is facing questions over what CFO Jeremy Barnum admitted was excess ...
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