Form 8-K · Current Report · Filed 2025-01-15

JPMorgan Chase Reports 50% Increase in Q4 2024 Net Income

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.

Filer: JPMorgan Chase & Co. JPM · NYSE
Filed: 2025-01-15
Accession: 0000019617-25-000040
CIK: 0000019617
Signal: Medium impactFinancial Services
Source: Official filing on sec.gov ↗

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat

Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$247.47

Next session

+2.7%

Since filing

+42.2%

Latest close

$351.79

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from JPM reporting the same item, with the next session's move:

2025-01-14JPMorgan Chase Announces Leadership Transition+3.3%

2024-11-29JPMorgan Chase Closes $2.5B Public Offering of Fixed-to-Floating Rate Notes Due 2045-1.4%

2024-10-22JPMorgan Chase Closes Public Offerings of Various Notes+0.2%

2024-10-17JPMorgan Chase Elects Brad Smith to its Board of Directors+0.8%

2024-10-11JPMorgan Chase Reports 2024 Third Quarter Earnings+4.1%

Exhibits (2)

EX-99.1a4q24erfexhibit991narrative.htm200 KB EX-99.2a4q24erfex992supplement.htm3236 KB

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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