JP Morgan reports Q4 earnings this morning. Revenue was $39.94B vs. $39.78B expected. Adjusted EPS was $3.97 vs. $3.32 expected. It was a strong quarter despite a QoQ decline in revenue and profits. Overall, JPM 0.00%↑ had a great 2023, making ~$50B of profits from the growing net interest income.
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1/12/2024: JP Morgan Profits Declined 29%
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JP Morgan reports Q4 earnings this morning. Revenue was $39.94B vs. $39.78B expected. Adjusted EPS was $3.97 vs. $3.32 expected. It was a strong quarter despite a QoQ decline in revenue and profits. Overall, JPM 0.00%↑ had a great 2023, making ~$50B of profits from the growing net interest income.