earnings
confidence high
sentiment positive
materiality 0.75
JPMorgan Q4 net income $14.0B ($4.81 EPS); FY record $58.5B
JPMORGAN CHASE & CO
2024-FY EPS reported
$19.75
revenue$177,556,000,000
- Q4 net income $14.0B ($4.81 diluted EPS) vs $9.3B ($3.04) YoY; full-year record $58.5B ($19.75).
- Managed revenue $43.7B; expense $22.8B (52% overhead ratio); credit costs $2.6B with $2.4B net charge-offs.
- CIB: Investment banking fees +49% YoY; Markets revenue +21% (Fixed Income +20%, Equities +22%).
- CCB: avg deposits -4% YoY; card net charge-off rate 3.30%; active mobile customers +7% YoY.
- CET1 ratio 15.7% Std; common dividend $1.25/share; net stock repurchases $4.0B; tangible book value $97.30 (+13%).