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JPMorgan Chase posts record profit
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 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 Chase’s Profit Jumps 50%
JPMorgan Chase’s fourth-quarter profit jumped 50%, boosted by strong revenues across its businesses, particularly on Wall Street. The earnings amounted to $4.81 a share, well above the $4.09 a share analysts polled by FactSet expected.
2h
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 capital.
3h
on MSN
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 ...
2d
on MSN
JPMorgan Chase disables internal comments after employees rip return-to-office policy
JPMorgan Chase management disabled comments on an internal webpage where the policy was announced, according to the Wall ...
1h
on MSN
Bank of New York Mellon Corp. stock outperforms competitors on strong trading day
Shares of Bank of New York Mellon Corp. rallied 8.03% to $82.04 Wednesday, on what proved to be an all-around positive ...
1d
JPMorgan's Piepszak exits CEO race for now, making contest murkier
One of the leading contenders to become CEO of JPMorgan Chase , Jennifer Piepszak, on Tuesday took herself out of the running ...
12h
JPMorgan earns biggest-ever annual profit as investment bankers ride rebound
JPMorgan's strong results bode well for the banking sector, which is seeing a revival in dealmaking and fundraising ...
2d
JPMorgan Chase calling all workers back to office in March
The policy brings JPMorgan Chase in line with other major financial institutions, such as Goldman Sachs and Morgan Stanley, ...
6h
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi are kicking off earnings season on Wednesday with their December-quarter ...
11h
on MSN
JPMorgan's net income jumps 50% to more than $14 billion in the final quarter of 2024
JPMorgan shares jumped on the bank's final financial results of 2024, climbing 2.6% before the bell.
3h
US earnings latest: JPMorgan and BNY set to close at peaks as banks rally
Among the four big US banks that reported 2024 results on Wednesday, JPMorgan has topped the table based on return on equity ...
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