earnings
confidence high
sentiment positive
materiality 0.85
JPMorgan Q4 net income $11.0B ($3.57 EPS) vs $10.4B a year ago; revenue $34.5B
JPMORGAN CHASE & CO
2022-FY EPS reported
$12.09
revenue$128,695,000,000
- Q4 net income $11.0B ($3.57 EPS) vs $10.4B ($3.33) in 4Q21; full-year net income $37.7B ($12.09 EPS).
- Managed revenue $35.6B included $914M gain on Visa B share sale and $874M net investment securities losses.
- Credit costs $2.3B comprised $1.4B net reserve build and $887M net charge-offs; CET1 ratio 13.2% (Std) vs 13% target.
- Common dividend $1.00 per share; firm expects to resume stock buybacks this quarter after exceeding capital target.
- ROE 16% (Q) and 14% (FY); ROTCE 20% (Q); average loans up 6% YoY; deposits down 4% YoY.