JPMorgan Chase & Co.
JPMorgan Chase Reports 50% Increase in Q4 2024 Net Income
Summary
JPMorgan Chase & Co. reported a 50% increase in net income for the fourth quarter of 2024, reaching $14.0 billion, or $4.81 per share, compared to $9.3 billion, or $3.04 per share, in the same period of 2023. The results include a net income beat. Earnings release financial supplement is attached as Exhibit 99.1.
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Exhibits (2)
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About JPMorgan Chase & Co.
JPMorgan Chase & Co., a leading global financial services firm, offers a wide range of banking and financial products and services. Its primary function is to serve as a commercial and investment bank, providing services that include asset management, treasury and securities services, and private banking. The firm plays a significant role in global financial markets through divisions focused on consumer and community banking, corporate and investment banking, commercial banking, and asset management. JPMorgan Chase impacts various sectors, including retail, corporate, and institutional clients, adapting services to cater to different financial needs. As one of the largest banking institutions in the United States, headquartered in New York City, it upholds a strong market presence. The firm's historical roots date back to the mid-19th century, contributing to its reputation as a stalwart in traditional banking and a pioneer in financial innovation.
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