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.
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 2024 and the fourth quarter, as will Goldman Sachs, the sixth-largest lender. Bank of America and Morgan Stanley are due to report on Thursday morning.
JPMorgan ‘remains optimistic’ about investment banking pipeline
Expects “healthy” card loan growth in 2025, but below rate in 2024. Says “upbeat” about strength of franchise, but maintaining plans for a wide
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 Chase's Q4 Results Top Estimates as Investment Banking Fees Surge
JPMorgan Chase (JPM) shares rose in premarket trading Wednesday after the banking giant reported fourth-quarter results that came in above analysts' expectations. The world's biggest bank by market capitalization reported profit of $14.
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.
JPMorgan's commercial and investment bank business sees biggest growth
JPMorgan's commercial and investment bank segment saw revenue climb 17.5% to $17.60 billion, a big improvement from the 8% growth seen in Q3. That was the bank's fastest growing segment by far, as the largest consumer and community banking segment's revenue was up 1.
Jamie Dimon addresses a fresh round of CEO succession questions in an earnings call
Jamie Dimon said there is a running list of executives who could replace him as CEO of JPMorgan. The comments follow the ...
JPMorgan Chase (JPM) Q4 2024 Earnings Call Transcript
JPMorgan Chase (NYSE: JPM) Q4 2024 Earnings Call Jan 15, 2025, 8:30 a.m. ET Good morning, ladies and gentlemen. Welcome to ...
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 ...
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 ...
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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 ...
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: Strong Financial Performance and Optimistic Growth Outlook Justify Buy Rating
In a report released today, Glenn Schorr from Evercore ISI maintained a Buy rating on JPMorgan Chase & Co. (JPM – Research Report), with a ...
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 ...