JPMorgan Profit Jumps on Strong Trading Quarter – Wall Street Journal
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.
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January 14, 2020 at 02:57PM