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JPMorgan posts record profit
JPMorgan Chase posts record profit as the bank's massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
JPMorgan earns biggest-ever annual profit as investment bankers ride rebound
JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, it reported on Wednesday. The largest U.S. bank also forecast its net interest income,
JPMorgan Reports Record Profit of Nearly $60 Billion in 2024
JPMorgan Chase, the largest bank in the U.S. by assets, reported fourth-quarter net income of $14 billion, topping Wall Street’s expectations of $11.7 billion. Quarterly profit rose 50% from a year earlier.
Morgan Stanley’s stock gains
Morgan Stanley Profit Doubles as Stock Traders Notch Big Beat
Morgan Stanley’s traders beat analysts’ estimates in the fourth quarter, joining their other Wall Street rivals in reporting a strong end to the year on volatility tied to the US elections and economic data in the final months of 2024.
Morgan Stanley's Profit More Than Doubles on Boost From Dealmaking, Stock Sales
Morgan Stanley's investment banking revenue rose 25% to $1.64 billion, echoing results at rivals Goldman Sachs and JPMorgan, which also reported stronger profit on Wednesday. Wall Street banks benefited from a surge in mergers and acquisitions in the fourth quarter that boosted investment banking fees.
Morgan Stanley Earnings: Profit Jumps, Powered by Stronger Dealmaking Revenue
Morgan Stanley said its profit more than doubled in the fourth quarter, fueled by its investment banking and trading businesses. Profit surged 145% to $3.71 billion. That amounted to $2.22 per share,
1d
JPMorgan Chase Earnings: Profit Leaps, Boosted by Strong Revenue Across Businesses
JPMorgan Chase is out with its fourth-quarter results and it's a blowout report. Here are the highlights: Profit was up 50%.
1d
JPMorgan's Q4 profit jumps 50% with tailwinds from lower expenses and a boost from loan activity
JPMorgan Chase's fourth-quarter profit rose by hefty 50% from the year-ago period on a jump in loan activity, lower provisions for credit losses and a drop in non-interest expenses. The bank reported ...
19h
Big Banks Kick Off Earnings. Wall Street Braces for Profit Surge.
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than ...
1d
JPMorgan Chase’s Profit Jumps 50%
Activity on Wall Street helped buoy the bank’s fourth-quarter earnings.
1d
on MSN
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 ...
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