earnings
confidence high
sentiment positive
materiality 0.80
JPMorgan Q1 net income $13.4B ($4.44 EPS), up from $12.6B; dividend raised 10%
JPMORGAN CHASE & CO
2024-Q1 EPS reported
$4.44
- Net income $13.4B ($4.44 EPS) vs $12.6B ($4.10 EPS) in Q1 2023; excluding $725M FDIC assessment, net income $14.0B ($4.63 EPS).
- Managed revenue $42.5B; expense $22.8B incl $725M FDIC special assessment increase; CET1 ratio 15.0%, book value per share $106.81.
- CEO warns of geopolitical tensions and persistent inflation; NII declined 4% sequentially; expects normalization for NII and credit costs.
- Common dividend increased 10% to $1.15 per share; $2.0B net repurchases; extended $655B credit and capital in Q1.