JPMorgan Profit Jumps on Strong Trading Quarter – Wall Street Journal

JPMorgan Profit Jumps on Strong Trading Quarter – Wall Street Journal

https://ift.tt/2FSo2YY

JPMorgan Chase & Co.’s fourth-quarter profit soared, closing out the bank’s best year on record and producing more evidence that the U.S. economy remains strong.

The nation’s largest bank reported a profit of $8.52 billion, or $2.57 a share. Analysts polled by FactSet had expected earnings of $2.35 a share. A year earlier, the bank reported a profit of $7.07 billion, or $1.98 per share.

Revenue…

NEWS

via Top stories – Google News https://ift.tt/2Jjuiww

January 14, 2020 at 02:57PM

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