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 Chase and more than doubling at Goldman Sachs.
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
JPMorgan Chase’s Fourth-Quarter Profit Rises 50%
JPMorgan Chase is out with its fourth-quarter results and it's a blowout report. Here are the highlights: Profit was up 50%. That amounted to $4.81 a share, well above what analysts polled by FactSet expected at $4.
JPMorgan Traders Notch Record Fourth Quarter on Volatility
JPMorgan Chase & Co.’s traders scored their biggest fourth-quarter haul ever, boosted by volatility tied to the US elections in November.
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.
Three Things to Watch as JPMorgan Chase, Goldman Sachs and Other Banks Report Earnings
Big banks including JPMorgan Chase and Goldman Sachs start reporting their fourth-quarter earnings today. Here are three things to eye in the results: 1\. Revenues from investment banking and trading Donald Trump’s prospective return to the White House sparked hopes of a boom on Wall Street.
JPMorgan Chase December credit card charge-offs hold steady
JPMorgan Chase (NYSE:JPM) credit card trust's delinquency and net charge-off rates stayed roughly stable in December as its ...
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Will Donald Trump unleash Wall Street?
The only danger, from Wall Street’s perspective, is that the Trump team’s MAGA instincts and chaotic approach prevent a ...
JPMorgan Chase's Jamie Dimon praises 'resilient economy' but he's wary about inflation and geopolitics
JPMorgan Chase & Co.'s Chief Executive Jamie Dimon said the U.S. economy remains "resilient" but he remains wary of inflation ...
Bank Earnings: Wells Fargo, JPMorgan Chase, and More Report Results
On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for ...
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 ...
JP Morgan Chase's Jamie Dimon plans to stick around 'for a few more years' as CEO
JPMorgan Chase & Co.'s Chief Executive Jamie Dimon told analysts on Wednesday he plans to stay in the job "for a few more years." That would mean that Dimon, now 69, would stay at the helm of the U.S.
JPMorgan Chase Results Top Estimates On Strong Investment Banking
JPMorgan Chase reported a big jump in fourth-quarter profits Wednesday, led by robust revenue growth in investment banking and trading.
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JPMorgan Chase earnings lap analyst expectations
JPMorgan Chase handily beat analyst expectations for its financial performance at the end of 2024, as credit remained solid ...
Jamie Dimon Says Two 'Significant Risks' Loom Over the U.S. Economy
Two big risks threaten a “resilient” U.S. economy, JPMorgan Chase CEO Jamie Dimon said ahead of the weekend’s scheduled ...