JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.
JPMorgan Chase reported fourth-quarter earnings before the opening bell Wednesday. Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings: $4.
Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.
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.
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.
JPMorgan Chase & Co. said it expects its 2025 net interest income to fall to about $90 billion excluding markets from its reported 2024 level of $92.4 billion. The bank said lower interest rates following cuts the U.
The stock market has yet to gain momentum in 2025. With Donald Trump’s inauguration on January 20th drawing near, all eyes are on how investors will react this week, as it carries its own significance with key earnings reports and the much-anticipated inflation data release,
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, and other major banks reported banner earnings for the year.
There is a lot of news driving the market action Wednesday morning. Investors are digesting the December Consumer Price Index (CPI) report, especially given the Federal Reserve’s concerns about inflation being stubborn.
JPMorgan Chase says the dollar's strength may persist this year as the firm expects the US economy to outperform other developed markets.
The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the election.
JPMorgan Chase stands head-and-shoulders above the rest of this group of largest U.S. banks by ROAA, while Morgan Stanley runs a pretty close second when its performance is measured by ROTCE. And with such a large balance sheet, it is not a stretch to call JPM the best performer in the U.S. banking industry.